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251 Madison Street, Brooklyn, NY 11216 Property Information

251 Madison Street, Brooklyn, NY 11216 Property Information

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

Primary address 251 Madison Street
Neighborhood Bedford-Stuyvesant
Zip code 11216
Borough Brooklyn
Block & lot 01818-0068

Sales & Tax Overview for 251 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 03/03/2023
Purchase price $1,400,000
Tax class
Estimated property tax $5,462

Lot & Building Information for 251 Madison Street, Brooklyn

Lot sqft 1,875
Lot dimensions 18.75 ft x 100 ft
Building class Three Families (C0) i
Building sqft 3,000
Building dimensions 18.75 ft x 40 ft
Buildings on lot 1
Stories 3
Structure type Brownstone
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1910
Frontage(s) Madison Street (narrow)
Nearest wide street Nostrand Avenue
Distance to wide street
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Zoning & Use for 251 Madison Street, Brooklyn

Zoning
Residential units (DOF) 3
Residential sqft

Area Overview

Walk Score
94 /100. Walker's Paradise
Transit Score
100 /100. Rider's Paradise
Bike Score
77 /100. Very Bikeable

School district 13
Community district 3
Closest police station 0.31 Miles
Closest fire station 0.11 Miles

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

Other Property Data for 251 Madison Street, Brooklyn

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Floor area ratio (FAR) for 251 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 251 Madison Street, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 251 Madison Street, Brooklyn

What is the year built & the total sq. ft. for 251 Madison Street, Brooklyn, NY 11216?

251 Madison Street, Brooklyn, NY 11216 was built in 1910 and has a total of 3,000 square feet.

What is the assessed value of 251 Madison Street, Brooklyn, NY 11216 and the property tax paid?

Assessed at $117,660, the tax amount paid for 251 Madison Street, Brooklyn, NY 11216 is $5,459. For the next year, the tax amount for 251 Madison Street, Brooklyn, NY 11216 is estimated at $5,462.

When was 251 Madison Street, Brooklyn, NY 11216 last sold and what was the last sale price?

251 Madison Street, Brooklyn, NY 11216 was last sold in 03/03/2023 for $1,400,000.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 251 Madison Street, Brooklyn

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Property owner name for 251 Madison Street, Brooklyn, NY 11216
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Building contacts for 251 Madison Street, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 251 Madison Street, Brooklyn

Create a free account to view the complete sales history for 251 Madison Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/03/2023 $1,400,000

Title Documents for 251 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
04/24/2023 - D
04/26/2023 - R		 Satisfaction of Mortgage
(2023042500995001)
04/04/2023 - D
04/07/2023 - R		 Satisfaction of Mortgage
(2023040600993001)
03/03/2023 - D
03/10/2023 - R		 Mortgage
(2023030900416002)
03/03/2023 - D
03/10/2023 - R		 Deed
(2023030900416001)
10/20/2020 - D
10/22/2020 - R		 Landmark Designation
(2020102000422001)
09/30/2011 - D
11/27/2011 - R		 Assignment, Mortgage
(2011110901282001)
10/24/2006 - D
11/06/2006 - R		 Satisfaction of Mortgage
(2006102401285001)
09/27/2006 - D
11/03/2006 - R		 Mortgage
(2006102700230001)
12/27/2005 - D
01/12/2006 - R		 Satisfaction of Mortgage
(2005122801465001)
12/06/2005 - D
01/12/2006 - R		 Mortgage
(2005122700787001)
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R: Recorded date
D: Document date

Property Taxes for 251 Madison Street, Brooklyn

Access detailed property tax data for 251 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: $5,460
Estimated property tax: $5,462
Tax assessor's market value: $1,961,000
Assessed value: $117,660

More about New York City Property Taxes

Assessment History for 251 Madison Street, Brooklyn

Here's the assessment & property tax history for 251 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 $1,961,000 $117,660 $27,516 19.843% $5,460 $5,460 +4.25%
2024/25 $1,549,000 $92,940 $26,076 20.085% $5,237 $5,237 +5.99%
2023/24 $1,707,000 $102,420 $24,602 20.085% $4,941 $4,941 +191.14%
2022/23 $1,652,000 $99,120 $8,357 20.309% $4,877 $1,697 +5.09%
2021/22 $1,708,000 $102,480 $8,090 19.963% $4,580 $1,615 -6.24%
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Permits for 251 Madison Street, Brooklyn

The complete history of permits filed for 251 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.

No recorded permits for this property.

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) 0.319
View subway map
Bus Routes
Name Nostrand Av/Gates Av
Line B44
Distance (miles) 0.11

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 0.39
P.S. 3 The Bedford Village 4 Yes Public PK, K-5 224 0.39
Concord Baptist Elementary School NR No Private 1-5 0 0.09
Concord Baptist Elementary School NR No Private 1-5 0 0.10
P.S. 305 Dr Peter Ray NR No Public PK, K-5 102 0.20
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Brooklyn East Collegiate Charter School 7 No Charter 8 66 0.09
Urban Assembly Academy Of Arts And Letters 6 No Public PK, K-8 729 0.20
Mt Pleasant Christian Academy NR No Private PK-12 10 0.23
Mount Pleasant Christian Academy NR No Private 1-12 0 0.24
Leadership Preparatory Bedford Stuyvesant Charter School 6 No Charter K-12 1,186 0.29
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Boys and Girls High School 2 Yes Public 9-12 403 0.99
Bedford Stuyvesant Prepretory High School NR No Public 10-12 102 0.06
Brooklyn Academy High School NR No Public 10-12 82 0.09
Mt Pleasant Christian Academy NR No Private PK-12 10 0.23
Mount Pleasant Christian Academy NR No Private 1-12 0 0.24
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 251 Madison Street, Brooklyn

Here are the neighbors for 251 Madison Street, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
249 Madison St, Brooklyn 2,250 11/25/2019
261 Madison St, Brooklyn 2,968 02/10/2024
265 Madison St, Brooklyn 2,940 05/31/2023
267 Madison St, Brooklyn 3,360 01/21/1981
269 Madison St, Brooklyn 3,360 11/22/2019
257 Madison St, Brooklyn 3,024 06/05/1974
263 Madison St, Brooklyn 3,360 05/08/2024 $3,150,000
243 Madison St, Brooklyn 09/06/2018
237 Madison St, Brooklyn 2,001 09/30/2025
245 Madison St, Brooklyn 2,480 07/25/2023 $2,450,000
235 Madison St, Brooklyn 2,040 07/02/2024 $1,900,000
265 A Madison St, Brooklyn 3,360 05/22/1984
241 Madison St, Brooklyn 2,400 11/29/2011 $648,000
239 Madison St, Brooklyn 2,400 04/30/2025 $2,800,000
259 Madison St, Brooklyn 3,024 02/08/2012 $650,000
235 A Madison St, Brooklyn 2,001 03/04/2024 $2,475,000
255 Madison St, Brooklyn 3,070 11/23/2015
233 Madison St, Brooklyn 3,148 04/01/2013
253 Madison St, Brooklyn 3,024 11/18/2004
247 Madison St, Brooklyn 2,250 03/21/1996
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