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197 Madison Street, Brooklyn, NY 11216 Property Information

197 Madison Street, Brooklyn, NY 11216 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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197 Madison Street, Brooklyn, NY 11216 1
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Address

Primary address 197 Madison Street
Neighborhood Bedford-Stuyvesant
Zip code 11216
Borough Brooklyn
Block & lot 01817-0065

Sales & Tax Overview for 197 Madison Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 04/01/2021
Purchase price $2,320,000
Tax class
Estimated property tax $8,860

Lot & Building Information for 197 Madison Street, Brooklyn

Lot sqft 1,600
Lot dimensions 16 ft x 100 ft
Building class City Residence One Family (A4) i
Building sqft 2,880
Building dimensions 16 ft x 45 ft
Buildings on lot 1
Stories 3
Structure type Row
Building material Frame
Exterior wall Composition
Basement type Full
Year built 1899
Year last altered 2019
Frontage(s) Madison Street (narrow)
Nearest wide street Nostrand Avenue
Distance to wide street
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Zoning & Use for 197 Madison Street, Brooklyn

Zoning
Residential units (DOF) 1
Residential sqft

Area Overview

Walk Score
95 /100. Walker's Paradise
Transit Score
100 /100. Rider's Paradise
Bike Score
80 /100. Very Bikeable

School district 13
Community district 3
Closest police station 0.42 Miles
Closest fire station 0.01 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 197 Madison Street, Brooklyn

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Floor area ratio (FAR) for 197 Madison Street, Brooklyn, NY 11216, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 197 Madison Street, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 197 Madison Street, Brooklyn

What is the year built & the total sq. ft. for 197 Madison Street, Brooklyn, NY 11216?

197 Madison Street, Brooklyn, NY 11216 was built in 1899 and has a total of 2,880 square feet.

What is the assessed value of 197 Madison Street, Brooklyn, NY 11216 and the property tax paid?

Assessed at $139,020, the tax amount paid for 197 Madison Street, Brooklyn, NY 11216 is $8,860. For the next year, the tax amount for 197 Madison Street, Brooklyn, NY 11216 is estimated at $8,860.

When was 197 Madison Street, Brooklyn, NY 11216 last sold and what was the last sale price?

197 Madison Street, Brooklyn, NY 11216 was last sold in 04/01/2021 for $2,320,000.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 197 Madison Street, Brooklyn

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Property owner name for 197 Madison Street, Brooklyn, NY 11216
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Building contacts for 197 Madison Street, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Prices continued to rise across most of the 50 priciest New York City neighborhoods in 2025, with increases of up to 39% year-over-year. Hudson Yards remained the most expensive NYC neighborhood for the seventh consecutive year, despite its median sale price dropping.
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Past Sales & Property History for 197 Madison Street, Brooklyn

Create a free account to view the complete sales history for 197 Madison Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/01/2021 $2,320,000
12/20/2018 $1,242,265
11/20/2006 $690,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 197 Madison Street, Brooklyn

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.

Date Type Amount Party 1 Party 2 Doc image
04/12/2021 - D
04/22/2021 - R		 Satisfaction of Mortgage
(2021041500651001)
04/01/2021 - D
04/19/2021 - R		 Deed
(2021040901168003)
03/29/2021 - D
04/19/2021 - R		 Mortgage
(2021040901168004)
03/23/2021 - D
04/19/2021 - R		 Power of Attorney
(2021040901168002)
03/23/2021 - D
04/19/2021 - R		 Power of Attorney
(2021040901168001)
03/15/2019 - D
03/20/2019 - R		 Mortgage
(2019031800703001)
01/04/2019 - R Initial UCC1
(2018121200300001)
12/20/2018 - D
01/07/2019 - R		 Deed
(2018122400012003)
12/20/2018 - D
01/07/2019 - R		 Deed
(2018122400012002)
11/14/2018 - D
01/07/2019 - R		 Power of Attorney
(2018122400012001)
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R: Recorded date
D: Document date

Property Taxes for 197 Madison Street, Brooklyn

Access detailed property tax data for 197 Madison Street, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $8,861
Estimated property tax: $8,860
Tax assessor's market value: $2,317,000
Assessed value: $139,020

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Assessment History for 197 Madison Street, Brooklyn

Here's the assessment & property tax history for 197 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 $2,317,000 $139,020 $44,654 19.843% $8,861 $8,861 -0.80%
2024/25 $2,215,000 $132,900 $44,473 20.085% $8,932 $8,932 +1.72%
2023/24 $1,958,000 $117,480 $43,720 20.085% $8,781 $8,781 +0.55%
2022/23 $2,145,000 $128,700 $43,003 20.309% $8,733 $8,733 +275.80%
2021/22 $1,646,000 $98,760 $11,644 19.963% $2,324 $2,324 -5.16%
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Permits for 197 Madison Street, Brooklyn

The complete history of permits filed for 197 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.

Filing date Job type Job status Job description Initial cost
12/16/2020 Alteration
12/17/2019 Alteration
08/20/2019 Alteration
06/28/2019 Alteration type 2
06/28/2019 Alteration type 2
04/26/2019 Alteration type 1
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More about New York City Property Records

Bedford-Stuyvesant Residential Market Stats

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.

Median Sale Price
$840,000
-1.2% YoY
Median Price/Sqft
$903
1.2% YoY
Brooklyn Median Sale Price
$839,000
6.2% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Nostrand Ave & Fulton St at NW Corner
Station lines A-C
Distance (miles) 0.307
View subway map
Bus Routes
Name Nostrand Av/Gates Av
Line B44
Distance (miles) 0.073

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 3 The Bedford Village 4 Yes Public PK, K-5 224 0.27
P.S. 3 The Bedford Village 4 Yes Public PK, K-5 224 0.27
Clara Muhammad School Of Masjid Khalifah NR No Private PK-8 79 0.17
Clara Muhammad School Of Masjid Khalifah NR No Private PK-8 79 0.17
Tabernacle Elementary School NR No Private 1-5 0 0.18
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Clara Muhammad School Of Masjid Khalifah NR No Private PK-8 79 0.17
Brooklyn East Collegiate Charter School 7 No Charter 8 66 0.20
Urban Assembly Academy Of Arts And Letters 6 No Public PK, K-8 729 0.32
Walk In Cove Christian Academy NR No Private 1-12 0 0.34
The Brooklyn Waldorf School NR No Private PK, K-8 160 0.35
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Bedford Academy High School 9 No Public 9-12 381 0.14
Bedford Stuyvesant Prepretory High School NR No Public 10-12 102 0.18
Brooklyn Academy High School NR No Public 10-12 82 0.20
Walk In Cove Christian Academy NR No Private 1-12 0 0.34
Mt Pleasant Christian Academy NR No Private PK-12 10 0.35
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 197 Madison Street, Brooklyn

Here are the neighbors for 197 Madison Street, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
191 Madison St, Brooklyn 3,420 11/07/2011 $985,000
189 Madison St, Brooklyn 3,168 02/08/2010 $660,000
181 Madison St, Brooklyn 3,542 01/19/2017 $2,400,000
177 Madison St, Brooklyn 3,168 06/07/2021 $2,900,000
414 Nostrand Ave, Brooklyn 3,600 04/21/1983
215 Madison St, Brooklyn 4,495 09/04/2019
207 Madison St, Brooklyn 2,400 03/22/2016 $510,000
193 Madison St, Brooklyn 2,094 09/19/2014
185 Madison St, Brooklyn 3,168 10/28/2019 $2,100,000
183 Madison St, Brooklyn 3,168 05/02/2017 $2,050,000
199 Madison St, Brooklyn 3,600 04/01/1997
187 Madison St, Brooklyn 3,168 11/05/1980
203 Madison St, Brooklyn 5,500 12/19/2001
205 Madison St, Brooklyn 2,400 05/02/2013
416 Nostrand Ave, Brooklyn 3,600 04/29/1985
195 Madison St, Brooklyn 2,094 02/27/2004 $418,000
179 Madison St, Brooklyn 3,168 02/17/2000
201 Madison St, Brooklyn 3,600 08/31/2003
211 Madison St, Brooklyn 2,652 06/30/2025 $1,550,000
213 Madison St, Brooklyn 10/14/1988
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