Kings  »  11221  »  Madison St  »  578 Madison St

578 Madison Street, Brooklyn, NY 11221 - Property report

Also known as: 578 Madison St

Property image for 578 Madison Street, Brooklyn, NY 11221
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

2,000

General information

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Address
Primary address
578 Madison Street
ZIP code
11221
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01645-0009

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
2,700
Building dimensions
20 ft x 45 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$8,928
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
5
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
90 /100.  Very Walkable
Transit score
97 /100.  Rider's Paradise
Bike score
68 /100.  Bikeable
School district
16
Community district
3
Closest police station
0.50 Miles
Closest fire station
0.12 Miles

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Ownership information for 578 Madison Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 578 Madison Street, Brooklyn, NY 11221

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/27/2023 - R
04/19/2023 - D
Deed
(2023042600076001)
XXXXXX XXX XXXXXX XXX
03/09/2017 - R
02/14/2017 - D
Satisfaction of Mortgage
(2017030800462001)
XXXXXX XXX XXXXX XXXXXXX XXXXXXXXXXX
12/06/2011 - R
01/05/2010 - D
Assignment, Mortgage
(2011111800275001)
XXXXX XXXXX XXXX X X XXX XXXXXXXXX XXXXXXXX XXX
12/28/2000 - R Assignment, Mortgage
(3880007456888)
XXXXX XXXXXXX XXXX XXXXXXX XXXX XXXXXXXXX XXXX
01/19/2000 - R Assignment, Mortgage
(3610007015261)
XXXXX XXXXXXX XXXX XXXXXXX XXXXX XXXXXXX XX XXXXXXXXXX XX
09/16/1996 - R Mortgage
(3210005341521)
XXXXXX XXX XXXXX XXXXXXX XXXX
01/27/1994 - R Satisfaction of Mortgage
(3580004139558)
XXXXXX XXX XXXXXXXXXXXXX XXXXXXX XXXX
03/05/1985 - R Satisfaction of Mortgage
(3230001073223)
XXXXXX XXX X XXXXX XXXX
07/09/1979 - D
07/09/1979 - R
Mortgage
(37930108400936)
XXXXXX XXX X
10/20/1972 - R Release of Estate Tax Lien
(37230058901762)
XXXX XXXX X XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 578 Madison Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$8,928
Municipal exemptions
Recent tax assessments
Market value
$743,000
Assessed value
$334,350

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $619,000 $278,550 $71,778 12.439% $8,928 $8,928 +2.74%
2024/25 $516,000 $232,200 $69,521 12.5% $8,690 $8,690 +7.98%
2023/24 $430,000 $193,500 $64,375 12.502% $8,048 $8,048 +10.07%
2022/23 $358,000 $161,100 $59,608 12.267% $7,312 $7,312 +8.25%
2021/22 $286,000 $128,700 $55,214 12.235% $6,755 $6,755 -0.27%
2020/21 $278,000 $125,100 $55,214 12.267% $6,773 $6,773 +1.54%
2019/20 $231,600 $104,220 $53,478 12.473% $6,670 $6,670 +6.80%
2018/19 $193,000 $86,850 $49,519 12.612% $6,245 $6,245 +7.09%
2017/18 $171,000 $76,950 $45,852 12.719% $5,832 $5,832 +6.51%
2016/17 $137,000 $61,650 $42,472 12.892% $5,475 $5,475 +0.07%

Permit information for 578 Madison Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Stuyvesant Ave & Fulton St at NW Corner
Station lines
A-C
Distance (miles)
0.491

Access the detailed traffic volume map for 578 Madison Street, Brooklyn, NY 11221 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 578 Madison Street, Brooklyn, NY 11221?

The development at 578 Madison Street, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 578 Madison Street, Brooklyn, NY 11221?

578 Madison Street, Brooklyn, NY 11221 has a total of 2,700 square feet.

What is the assessed value of 578 Madison Street, Brooklyn, NY 11221?

578 Madison Street, Brooklyn, NY 11221 is currently assessed at $334,350.

What are the property taxes for 578 Madison Street, Brooklyn, NY 11221?

The property taxes for 578 Madison Street, Brooklyn, NY 11221 total $8,928.

How many residential units does this building have?

This building has 5 residential unit(s).

Disclaimer

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