| Primary address | 551 Madison Street |
| Neighborhood | Bedford-Stuyvesant |
| Zip code | 11221 |
| Borough | Brooklyn |
| Block & lot | 01640-0082 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 06/17/2024 |
| Purchase price | $1,700,000 |
| Tax class | Register |
| Lot sq. ft. | 2,000 |
| Lot dimensions | |
| Property type | Three Families (C0)
|
| Building sqft | 3,776 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 3 |
| Structure type | Brownstone |
| Building material | Stone |
| Status | Register |
| Status date | Register |
| Year built | 1931 |
| Frontage | Madison Street (narrow) |
| Nearest wide street | Lexington Avenue |
| Distance to wide street | Register |
| School district | 16 |
| Community district | 3 |
| Closest police station | 0.48 Miles |
| Closest fire station | 0.14 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
551 Madison Street, Brooklyn, NY 11221 was built in 1931 and has a total of 3,776 square feet.
What is the assessed value of 551 Madison Street, Brooklyn, NY 11221 and the property tax paid?Assessed at $87,300, the tax amount paid for 551 Madison Street, Brooklyn, NY 11221 is $6,533.
When was 551 Madison Street, Brooklyn, NY 11221 last sold and what was the last sale price?551 Madison Street, Brooklyn, NY 11221 was last sold in 06/17/2024 for $1,700,000.
How many residential units does this building have?This building has 3 residential unit(s).
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 551 Madison Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Sale date | Sale price | Buyer name | Seller name |
|---|---|---|---|
| 06/17/2024 | $1,700,000 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 551 Madison Street, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $6,534 |
| Tax assessor's market value: | $1,455,000 |
| Assessed value: | $87,300 |
Here's the assessment & property tax history for 551 Madison Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $1,107,000 | $66,420 | $31,062 | 19.843% | $6,164 | $6,164 | +4.72% |
| 2024/25 | $1,058,000 | $63,480 | $29,304 | 20.085% | $5,886 | $5,886 | +4.09% |
| 2023/24 | $970,000 | $58,200 | $28,152 | 20.085% | $5,654 | $5,654 | -1.10% |
| 2022/23 | $794,000 | $47,640 | $28,152 | 20.309% | $5,717 | $5,717 | +4.39% |
| 2021/22 | $613,000 | $36,780 | $27,438 | 19.963% | $5,477 | $5,477 | +0.54% |
The complete history of permits filed for 551 Madison Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Bedford-Stuyvesant so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Bedford-Stuyvesant and compare it to other neighborhoods in Brooklyn.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Stuyvesant Ave & Fulton St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | A-C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.524 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance (miles) |
|---|---|---|---|---|---|---|
| P.S. 308 Clara Cardwell | 3 | Yes | Public | PK, K-8 | 212 | 0.11 |
| P.S. 308 Clara Cardwell | 3 | Yes | Public | PK, K-8 | 212 | 0.11 |
| Ember Charter School | 7 | No | Charter | K-12 | 423 | 0.11 |
| La Cima Charter School | 5 | No | Charter | K-5 | 199 | 0.18 |
| Uncommon Bed-Stuy East Middle School | 7 | No | Charter | 5-8 | 342 | 0.18 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance (miles) |
|---|---|---|---|---|---|---|
| P.S. 308 Clara Cardwell | 3 | No | Public | PK, K-8 | 212 | 0.11 |
| Ember Charter School | 7 | No | Charter | K-12 | 423 | 0.11 |
| Uncommon Bed-Stuy East Middle School | 7 | No | Charter | 5-8 | 342 | 0.18 |
| Ms 267 Math Science And Technology | 5 | No | Public | 6-8 | 149 | 0.18 |
| The Co-Op School | NR | No | Private | K-7 | 118 | 0.21 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance (miles) |
|---|---|---|---|---|---|---|
| Boys and Girls High School | 2 | Yes | Public | 9-12 | 403 | 0.59 |
| Ember Charter School | 7 | No | Charter | K-12 | 423 | 0.11 |
| Unity Prep Charter School of Brooklyn | 6 | No | Charter | 6-12 | 558 | 0.30 |
| The Brooklyn Academy Of Global Finance | 3 | No | Public | 9-12 | 190 | 0.36 |
| Brooklyn Emerging Leaders Academy Charter School | 2 | No | Charter | 9-12 | 236 | 0.36 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 551 Madison Street, Brooklyn, NY 11221.
