Kings  »  11216  »  Madison St  »  246 Madison St

246 Madison Street, Brooklyn, NY 11216 - Property report

Also known as: 246 Madison St

Property image for 246 Madison Street, Brooklyn, NY 11216
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Property type

Over Six Families without Stores (C1)

Year built

1931

Lot sq. ft.

2,842

Sale price

$6,439,124

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
246 Madison Street
ZIP code
11216
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01823-0027

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
9,486
Building dimensions
28.42 ft x 82 ft
Buildings on lot
1
Stories
4
Year built
1931
Last altered
1999
Building material
Sales
Sale date
06/29/2016
Sale price
$6,439,124 - M
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
28.42 ft x 100 ft
Lot sq. ft.
2,842

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
0.34 Miles
Closest fire station
0.11 Miles

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

Ownership

Ownership information for 246 Madison Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 246 Madison Street, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
06/29/2016 $6,439,124 XXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXX XXXXXXX XXX XXX XXXXXXX X XXXXXXXX XXXXXXXXXX X X.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/22/2020 - R
10/20/2020 - D		 Landmark Designation
(2020102000422001)		 XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
07/14/2016 - R
06/29/2016 - D		 Agreement
(2016070100626009)		 XXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXX XXX XXXX XX XXX XXXX
07/14/2016 - R
06/29/2016 - D		 Agreement
(2016070100626008)		 XXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXX XXX XXXX XX XXX XXXX
07/14/2016 - R
06/29/2016 - D		 Agreement
(2016070100626007)		 XXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXX XXX XXXX XX XXX XXXX
07/14/2016 - R
06/29/2016 - D		 Mortgage
(2016070100626006)		 XXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXX XXX XXXX XX XXX XXXX
07/14/2016 - R
06/29/2016 - D		 Mortgage
(2016070100626005)		 XXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXX XXX XXXX XX XXX XXXX
07/14/2016 - R
06/29/2016 - D		 Mortgage
(2016070100626004)		 XXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXX XXX XXXX XX XXX XXXX
07/14/2016 - R
06/29/2016 - D		 Agreement
(2016070100626003)		 XXX XXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXX XXXXXXX XXX XXX
07/14/2016 - R
06/29/2016 - D		 Deed
(2016070100626002)		 XXXXXXX X XXXXXXXX XXXXXXXXXX X X XXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX
07/14/2016 - R
05/03/2016 - D		 Agreement
(2016070100626001)		 XXX XXXX XX XXX XXXX XXXXXXXXXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 246 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
Municipal exemptions
Recent tax assessments
Market value
$2,682,000
Assessed value
$1,206,900

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 $2,280,000 $1,026,000 $0 12.439% $18,175 $0 n/a
2024/25 $1,899,600 $854,820 $0 12.5% $16,911 $0 n/a
2023/24 $1,583,000 $712,350 $0 12.502% $16,263 $0 n/a
2022/23 $1,319,000 $593,550 $0 12.267% $15,364 $0 n/a
2021/22 $1,055,000 $474,750 $0 12.235% $14,772 $0 n/a
2020/21 $1,024,000 $460,800 $0 12.267% $13,787 $0 n/a
2019/20 $853,200 $383,940 $0 12.473% $12,980 $0 n/a
2018/19 $711,000 $319,950 $0 12.612% $12,620 $0 n/a
2017/18 $631,000 $283,950 $0 12.719% $12,254 $0 n/a
2016/17 $505,000 $227,250 $9,559 12.892% $11,973 $1,232 -45.61%
Permits

Permit information for 246 Madison Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/06/2025 Alteration
03/29/2018 Alteration type 3
11/19/2001 Alteration type 1
06/08/1999 Alteration type 1
04/09/1999 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
02/27/2001 Ll6291-local law 62/91 - boilers
02/07/2000 Ll6291-local law 62/91 - boilers
03/16/1999 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Nostrand Ave & Fulton St at NW Corner
Station lines
A-C
Distance (miles)
0.286
View subway map

Access the detailed traffic volume map for 246 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

Neighbors for 246 Madison Street, Brooklyn, NY

248 Madison St, Brooklyn 325 Putnam Ave, Brooklyn 321 Putnam Ave, Brooklyn 319 Putnam Ave, Brooklyn 242 Madison St, Brooklyn 232 Madison St, Brooklyn 240 Madison St, Brooklyn 317 Putnam Ave, Brooklyn 327 Putnam Ave, Brooklyn 238 Madison St, Brooklyn 236 Madison St, Brooklyn 234 Madison St, Brooklyn 252 Madison St, Brooklyn 230 Madison St, Brooklyn 244 Madison St, Brooklyn 226 A Madison St, Brooklyn 832 Marcy Ave, Brooklyn 323 Putnam Ave, Brooklyn 250 Madison St, Brooklyn 228 Madison St, Brooklyn

Nearby ZIP codes for 246 Madison Street, Brooklyn, NY

10002, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11210, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 246 Madison Street, Brooklyn, NY 11216?

The development at 246 Madison Street, Brooklyn, NY 11216 was built in 1931.

What is the total square footage of 246 Madison Street, Brooklyn, NY 11216?

246 Madison Street, Brooklyn, NY 11216 has a total of 9,486 square feet.

When was 246 Madison Street, Brooklyn, NY 11216 last sold and what was the sale price?

246 Madison Street, Brooklyn, NY 11216 was last sold on 06/29/2016 for $6,439,124.

What is the assessed value of 246 Madison Street, Brooklyn, NY 11216?

246 Madison Street, Brooklyn, NY 11216 is currently assessed at $1,206,900.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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