New York City » 11216 » Madison St » 255 Madison St

255 Madison Street, Brooklyn, NY 11216 - Property report

Also known as: 255 Madison St

Property image for 255 Madison Street, Brooklyn, NY 11216

Property type

Four Families (C3)

Year built

1931

Lot sq. ft.

1,767

Sale price

$1,028,600

General information

Address

Primary address

255 Madison Street

ZIP code

11216

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01818-0065

Building

Property type

Four Families (C3)

Building sq. ft.

3,070

Building dimensions

17.67 ft x 42 ft

Buildings on lot

Stories

Year built

1931

Building material

Stone

Exterior wall

None

Basement

Sales

Sale date

12/19/2013

Sale price

$1,028,600

Tax

Tax year

2026-2027

Property tax

$10,585

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Madison Street (narrow)

Nearest wide street

Marcy Avenue

Distance to wide street

Lot dimensions

17.67 ft x 100 ft

Lot sq. ft.

1,767

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

77 /100. Very Bikeable

School district

Community district

Closest police station

0.30 Miles

Closest fire station

0.12 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 255 Madison Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 255 Madison Street, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
12/19/2013	$1,028,600	XXXXXX, XXXXXXXX	XX. XXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/20/2022 - R 10/14/2022 - D	Mortgage (2022102000324001)	XXXXXXXXXXXXXX XXXXXXXX	XXXXXXXX XXXXXXX XXXXXX XXXXX
10/22/2020 - R 10/20/2020 - D	Landmark Designation (2020102000422001)	XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
12/07/2015 - R 11/23/2015 - D	Agreement (2015120101230004)	XXXXXXXXXXXXXX XXXXXXXX	XXXX
12/07/2015 - R 11/23/2015 - D	Mortgage (2015120101230003)	XXXXXXXXXXXXXX XXXXXXXX	XXXX
12/07/2015 - R 11/23/2015 - D	Deed (2015120101230001)	XXXXXX XXXXXXXX	XXXXXXXXXXXXXX XXXXXXXX
12/07/2015 - R 10/02/2015 - D	Assignment, Mortgage (2015120101230002)	XXXX	XXXX
01/07/2014 - R 01/03/2014 - D	Satisfaction of Mortgage (2014010300114001)	XXXXXX XXXXXX	XXXXXXXX XXXXX XXXX XX
01/13/2014 - R 01/03/2014 - D	Satisfaction of Mortgage (2014010201036001)	XX XXXX XXXXXX	XXXXX XXXXX XXXX X X
01/03/2014 - R 12/19/2013 - D	Mortgage (2013122700676002)	XXXXXX XXXXXXXX	XXXX
01/03/2014 - R 12/19/2013 - D	Deed (2013122700676001)	XX XXXX XXXXXX	XXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 255 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

$10,585

Municipal exemptions

Recent tax assessments

Market value

$1,205,000

Assessed value

$542,250

More about New York City property taxes

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	$1,004,000	$451,800	$85,097	12.439%	$10,585	$10,585	+2.69%
2024/25	$836,800	$376,560	$82,460	12.5%	$10,308	$10,308	+7.98%
2023/24	$1,046,000	$470,700	$76,352	12.502%	$9,546	$9,546	+13.92%
2022/23	$872,000	$392,400	$68,306	12.267%	$8,672	$8,379	+8.71%
2021/22	$1,005,000	$452,250	$62,999	12.235%	$8,009	$7,708	-0.37%
2020/21	$1,102,000	$495,900	$63,069	12.267%	$8,030	$7,737	+0.80%
2019/20	$1,246,400	$560,880	$61,534	12.473%	$7,966	$7,675	+5.21%
2018/19	$1,558,000	$701,100	$57,843	12.612%	$7,604	$7,295	+4.89%
2017/18	$1,640,000	$738,000	$54,683	12.719%	$7,245	$6,955	+48.82%
2016/17	$131,000	$58,950	$36,252	12.892%	$4,978	$4,674	+0.04%

Permits

Permit information for 255 Madison Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/12/2014	Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	06/10/2025	A
	11/27/2024	I
	04/10/2024	A

*Most recent HPD violations on record for this property.

Neighborhood

Bedford residential market stats

Access a detailed real estate market overview of Bedford so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bedford and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Nostrand Ave & Fulton St at NE Corner

Station lines

A-C

Distance (miles)

0.322

View subway map

Access the detailed traffic volume map for 255 Madison Street, Brooklyn, NY 11216 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 3 The Bedford Village	4	Yes	Public	PK, K-5	224	0.40
P.S. 3 The Bedford Village	4	Yes	Public	PK, K-5	224	0.40
Concord Baptist Elementary School	NR	No	Private	1-5	0	0.08
Concord Baptist Elementary School	NR	No	Private	1-5	0	0.09
P.S. 305 Dr Peter Ray	NR	No	Public	PK, K-5	102	0.19
P.S. 305 Dr Peter Ray	NR	No	Public	PK, K-5	102	0.19
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.19
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.19
Tabernacle Elementary School	NR	No	Private	1-5	0	0.21
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.22

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Brooklyn East Collegiate Charter School	7	No	Charter	8	66	0.08
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.19
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.22
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.23
P.S. 140	NR	No	Public	K-10	318	0.28
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.28
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.30
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.34
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.35
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.41

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Boys and Girls High School	2	Yes	Public	9-12	403	0.98
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.06
Brooklyn Academy High School	NR	No	Public	10-12	82	0.08
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.22
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.23
Bedford Academy High School	9	No	Public	9-12	381	0.27
P.S. 140	NR	No	Public	K-10	318	0.28
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.28
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.34
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.41

Frequently asked questions

What is the year built for 255 Madison Street, Brooklyn, NY 11216?

The development at 255 Madison Street, Brooklyn, NY 11216 was built in 1931.

What is the total square footage of 255 Madison Street, Brooklyn, NY 11216?

255 Madison Street, Brooklyn, NY 11216 has a total of 3,070 square feet.

When was 255 Madison Street, Brooklyn, NY 11216 last sold and what was the sale price?

255 Madison Street, Brooklyn, NY 11216 was last sold on 12/19/2013 for $1,028,600.

What is the assessed value of 255 Madison Street, Brooklyn, NY 11216?

255 Madison Street, Brooklyn, NY 11216 is currently assessed at $542,250.

What are the property taxes for 255 Madison Street, Brooklyn, NY 11216?

The property taxes for 255 Madison Street, Brooklyn, NY 11216 total $10,585.

How many residential units does this building have?

This building has 4 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.