New York City » 11216 » Madison St » 198 Madison St

198 Madison Street, Brooklyn, NY 11216 - Property report

Also known as: 198 Madison St

Property image for 198 Madison Street, Brooklyn, NY 11216

Property type

Two Family Converted from One Family (B3)

Year built

1910

Lot sq. ft.

2,000

Sale price

$3,100,000

General information

Address

Primary address

198 Madison Street

ZIP code

11216

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01822-0047

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

3,200

Building dimensions

20 ft x 40 ft

Buildings on lot

Stories

Year built

1910

Last altered

2024

Building material

Frame

Exterior wall

Composition

Basement

Sales

Sale date

10/15/2025

Sale price

$3,100,000

Tax

Tax year

2026-2027

Property tax

$6,292

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

Nostrand Avenue

Distance to wide street

Lot dimensions

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

95 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

80 /100. Very Bikeable

School district

Community district

Closest police station

0.43 Miles

Closest fire station

0.03 Miles

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

Ownership

Ownership information for 198 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 198 Madison Street, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
10/15/2025	$3,100,000	XXX XXXXX XXXXX, XXX	XX XXXXXXX XXX
04/22/2024	$1,385,000	XX XXXXXXX XXX	XXXXXXX XXXXX, XX XXXXXXXXXXXXX XXX XXX XXXXXXXX XXXXX X XXXXX XXX XXX XXXXXXXX XXXXX XXXXXXXXX XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/03/2025 - R	UCC3 Termination (2025103100818001)	XX XXXXXXX XXX	XXXXXXXX XXXXXXX XXXX
10/30/2025 - D 10/30/2025 - R	Satisfaction of Mortgage (2025103000340001)	XX XXXXXXX XXX	XXXXXX XXXXXXX XXXXXXXX XXX
10/27/2025 - R 10/15/2025 - D	Mortgage (2025102200440002)	XXX XXXXX XXXXX XXX	XX XXXX X X
10/27/2025 - R 10/15/2025 - D	Deed (2025102200440001)	XX XXXXXXX XXX	XXX XXXXX XXXXX XXX
08/14/2025 - R 06/18/2025 - D	Assignment, Mortgage (2025072900820001)	XXXXXXXX XXXXXXX XXXX	XXXXXX XXXXXXX XXXXXXXX XXX
05/13/2024 - R 05/01/2024 - D	Satisfaction of Mortgage (2024050100421001)	XXXXX XXXXX X	XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
05/01/2024 - R 04/26/2024 - D	Satisfaction of Mortgage (2024043000815002)	XXXXX XXXXX X	XXXXX XXXX XXXXXXXXXXX XXXXX XXXXXXX
04/24/2024 - R	Initial UCC1 (2024042400096003)	XX XXXXXXX XXX	XXXXXXXX XXXXXXX XXXX
04/24/2024 - R 04/22/2024 - D	Mortgage (2024042400096002)	XX XXXXXXX XXX	XXXXXXXX XXXXXXX XXXX
04/24/2024 - R 04/22/2024 - D	Deed (2024042400096001)	XXXXXXX XXXXX XX XXXXXXXXXXXXX	XX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 198 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

$6,292

Municipal exemptions

Recent tax assessments

Market value

$1,690,000

Assessed value

$101,400

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	$1,670,000	$100,200	$30,482	19.843%	$6,049	$6,049	+65.17%
2024/25	$1,484,000	$89,040	$18,233	20.085%	$3,662	$3,662	+15.17%
2023/24	$1,666,000	$99,960	$15,832	20.085%	$3,461	$3,180	+5.78%
2022/23	$1,825,000	$109,500	$14,802	20.309%	$3,303	$3,006	+8.13%
2021/22	$1,448,000	$86,880	$13,927	19.963%	$3,068	$2,780	-5.21%
2020/21	$1,476,000	$88,560	$13,936	21.045%	$3,230	$2,933	+0.45%
2019/20	$1,632,000	$97,920	$13,794	21.167%	$3,216	$2,920	+8.20%
2018/19	$1,277,000	$76,620	$12,900	20.919%	$3,004	$2,699	+9.57%
2017/18	$1,289,000	$77,340	$12,082	20.385%	$2,763	$2,463	+9.45%
2016/17	$996,000	$59,760	$11,256	19.991%	$2,560	$2,250	+2.67%

Permits

Permit information for 198 Madison Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
02/05/2025	Alteration
11/05/2024	Alteration
10/28/2024	Alteration
08/12/2024	Alteration
07/31/2024	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations 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 NW Corner

Station lines

A-C

Distance (miles)

0.275

View subway map

Access the detailed traffic volume map for 198 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	0.26
P.S. 3 The Bedford Village	4	Yes	Public	PK, K-5	224	0.26
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.16
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.16
Tabernacle Elementary School	NR	No	Private	1-5	0	0.21
Concord Baptist Elementary School	NR	No	Private	1-5	0	0.21
Concord Baptist Elementary School	NR	No	Private	1-5	0	0.22
P.S. 305 Dr Peter Ray	NR	No	Public	PK, K-5	102	0.32
P.S. 305 Dr Peter Ray	NR	No	Public	PK, K-5	102	0.32
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.32

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.16
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
The Brooklyn Waldorf School	NR	No	Private	PK, K-8	160	0.34
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.35
P.S. 140	NR	No	Public	K-10	318	0.35
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.35
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.37
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.37
Restoration Academy	3	No	Public	6-8	94	0.45

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Bedford Academy High School	9	No	Public	9-12	381	0.16
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.17
Brooklyn Academy High School	NR	No	Public	10-12	82	0.20
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.35
P.S. 140	NR	No	Public	K-10	318	0.35
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.35
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.37
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.37
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.42
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.55

Neighbors for 198 Madison Street, Brooklyn, NY

200 Madison St, Brooklyn 293 Putnam Ave, Brooklyn 196 Madison St, Brooklyn 172 Madison St, Brooklyn 168 Madison St, Brooklyn 204 Madison St, Brooklyn 212 Madison St, Brooklyn 214 Madison St, Brooklyn 184 Madison St, Brooklyn 202 Madison St, Brooklyn 210 Madison St, Brooklyn 166 Madison St, Brooklyn 432 Nostrand Ave, Brooklyn 186 Madison St, Brooklyn 206 Madison St, Brooklyn 208 Madison St, Brooklyn 188 Madison St, Brooklyn 170 Madison St, Brooklyn 190 Madison St, Brooklyn

Frequently asked questions

What is the year built for 198 Madison Street, Brooklyn, NY 11216?

The development at 198 Madison Street, Brooklyn, NY 11216 was built in 1910.

What is the total square footage of 198 Madison Street, Brooklyn, NY 11216?

198 Madison Street, Brooklyn, NY 11216 has a total of 3,200 square feet.

When was 198 Madison Street, Brooklyn, NY 11216 last sold and what was the sale price?

198 Madison Street, Brooklyn, NY 11216 was last sold on 10/15/2025 for $3,100,000.

What is the assessed value of 198 Madison Street, Brooklyn, NY 11216?

198 Madison Street, Brooklyn, NY 11216 is currently assessed at $101,400.

What are the property taxes for 198 Madison Street, Brooklyn, NY 11216?

The property taxes for 198 Madison Street, Brooklyn, NY 11216 total $6,291.

How many residential units does this building have?

This building has 2 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.