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241 Madison Street, Brooklyn, NY 11216 Property Information

241 Madison Street, Brooklyn, NY 11216 Property Information

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

Primary address 241 Madison Street
Neighborhood Bedford-Stuyvesant
Zip code 11216
Borough Brooklyn
Block & lot 01818-0075

Sales & Tax Overview for 241 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 11/29/2011
Purchase price $648,000
Tax class
Estimated property tax $2,937

Lot & Building Information for 241 Madison Street, Brooklyn

Lot sqft 2,000
Lot dimensions 20 ft x 100 ft
Building class Two Family Converted from One Family (B3) i
Building sqft 2,400
Building dimensions 20 ft x 40 ft
Buildings on lot 1
Stories 2
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 241 Madison Street, Brooklyn

Zoning
Residential units (DOF) 2

Area Overview

Walk Score
96 /100. Walker's Paradise
Transit Score
100 /100. Rider's Paradise
Bike Score
79 /100. Very Bikeable

School district 13
Community district 3
Closest police station 0.33 Miles
Closest fire station 0.08 Miles

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

Other Property Data for 241 Madison Street, Brooklyn

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Floor area ratio (FAR) for 241 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 241 Madison Street, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 241 Madison Street, Brooklyn

What is the year built & the total sq. ft. for 241 Madison Street, Brooklyn, NY 11216?

241 Madison Street, Brooklyn, NY 11216 was built in 1910 and has a total of 2,400 square feet.

What is the assessed value of 241 Madison Street, Brooklyn, NY 11216 and the property tax paid?

Assessed at $105,960, the tax amount paid for 241 Madison Street, Brooklyn, NY 11216 is $2,771. For the next year, the tax amount for 241 Madison Street, Brooklyn, NY 11216 is estimated at $2,937.

When was 241 Madison Street, Brooklyn, NY 11216 last sold and what was the last sale price?

241 Madison Street, Brooklyn, NY 11216 was last sold in 11/29/2011 for $648,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 241 Madison Street, Brooklyn

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Property owner name for 241 Madison Street, Brooklyn, NY 11216
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Building contacts for 241 Madison Street, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 241 Madison Street, Brooklyn

Create a free account to view the complete sales history for 241 Madison Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/29/2011 $648,000
01/28/2011 $290,000
       
       
       
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Title Documents for 241 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
10/20/2020 - D
10/22/2020 - R		 Landmark Designation
(2020102000422001)
01/22/2016 - D
02/02/2016 - R		 Satisfaction of Mortgage
(2016012600675001)
01/04/2016 - D
02/02/2016 - R		 Mortgage
(2016011401245001)
11/29/2011 - D
02/14/2012 - R		 Mortgage
(2011120701346002)
11/29/2011 - D
02/14/2012 - R		 Deed
(2011120701346001)
02/23/2011 - D
03/04/2011 - R		 Satisfaction of Mortgage
(2011022400101001)
01/28/2011 - D
03/08/2011 - R		 Deed
(2011022400257001)
06/08/2010 - D
06/14/2010 - R		 Certificate
(2010061100586001)
06/04/2010 - D
06/14/2010 - R		 Zoning Lot Description
(2010061100601001)
05/24/2010 - D
06/02/2010 - R		 Assignment, Mortgage
(2010052601159001)
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R: Recorded date
D: Document date

Property Taxes for 241 Madison Street, Brooklyn

Access detailed property tax data for 241 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: $2,772
Estimated property tax: $2,937
Tax assessor's market value: $1,766,000
Assessed value: $105,960

More about New York City Property Taxes

Assessment History for 241 Madison Street, Brooklyn

Here's the assessment & property tax history for 241 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 $1,766,000 $105,960 $13,968 19.843% $2,772 $2,772 -1.20%
2024/25 $1,543,000 $92,580 $13,968 20.085% $2,805 $2,805 +0.77%
2023/24 $1,629,000 $97,740 $13,861 20.085% $2,784 $2,784 +4.82%
2022/23 $1,308,000 $78,480 $13,078 20.309% $2,656 $2,656 +7.84%
2021/22 $1,434,000 $86,040 $12,338 19.963% $2,463 $2,463 +0.55%
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Permits for 241 Madison Street, Brooklyn

The complete history of permits filed for 241 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
10/21/2010 Alteration type 2
08/26/2010 New building
06/30/2010 Alteration type 2
06/29/2010 Alteration type 1
04/28/2010 Alteration type 3
03/29/2010 Subdivision: improved
02/06/2008 Alteration type 3
05/25/2007 New building
05/16/2006 Subdivision: improved
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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) 0.312
View subway map
Bus Routes
Name Nostrand Av/Gates Av
Line B44
Distance (miles) 0.09

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 0.36
P.S. 3 The Bedford Village 4 Yes Public PK, K-5 224 0.36
Concord Baptist Elementary School NR No Private 1-5 0 0.12
Concord Baptist Elementary School NR No Private 1-5 0 0.12
Tabernacle Elementary School NR No Private 1-5 0 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 0.11
Urban Assembly Academy Of Arts And Letters 6 No Public PK, K-8 729 0.22
Mt Pleasant Christian Academy NR No Private PK-12 10 0.25
Clara Muhammad School Of Masjid Khalifah NR No Private PK-8 79 0.26
Mount Pleasant Christian Academy NR No Private 1-12 0 0.27
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Bedford Stuyvesant Prepretory High School NR No Public 10-12 102 0.08
Brooklyn Academy High School NR No Public 10-12 82 0.11
Bedford Academy High School 9 No Public 9-12 381 0.24
Mt Pleasant Christian Academy NR No Private PK-12 10 0.25
Mount Pleasant Christian Academy NR No Private 1-12 0 0.27
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 241 Madison Street, Brooklyn

Here are the neighbors for 241 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
257 Madison St, Brooklyn 3,024 06/05/1974
237 Madison St, Brooklyn 2,001 09/30/2025
227 Madison St, Brooklyn 3,120 03/12/2001
243 Madison St, Brooklyn 09/06/2018
251 Madison St, Brooklyn 3,000 03/03/2023 $1,400,000
235 Madison St, Brooklyn 2,040 07/02/2024 $1,900,000
225 Madison St, Brooklyn 3,200 11/15/2021
245 Madison St, Brooklyn 2,480 07/25/2023 $2,450,000
239 Madison St, Brooklyn 2,400 04/30/2025 $2,800,000
231 Madison St, Brooklyn 2,324 07/19/2017 $1,550,000
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
229 Madison St, Brooklyn 2,324 08/04/2016 $1,500,000
831 Marcy Ave, Brooklyn 3,900 12/07/1976
247 Madison St, Brooklyn 2,250 03/21/1996
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