New York City » 11216 » Madison St » 248 Madison St

248 Madison Street, Brooklyn, NY 11216 - Property report

Also known as: 248 Madison St

Property image for 248 Madison Street, Brooklyn, NY 11216

Property type

Walk-up Cooperative Building (Other than Condominiums) (XC6)

Year built

1931

Lot sq. ft.

2,842

Sale price

$148,592

General information

Due to this address' parcel subdivisions, this property report may contain limited information. For the full range of property data, view the property report of each individual parcel.

Address

Primary address

248 Madison Street

ZIP code

11216

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01823-0029

Building

Property type

Walk-up Cooperative Building (Other than Condominiums) (XC6)

Building sq. ft.

9,322

Building dimensions

28.42 ft x 82 ft

Buildings on lot

Stories

Year built

1931

Last altered

1993

Sales

Sale date

02/10/2016

Sale price

$148,592 - 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

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

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

Community district

Closest police station

0.33 Miles

Closest fire station

0.11 Miles

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

Ownership

Ownership information for 248 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 248 Madison Street, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
02/10/2016	$148,592	XXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XX.	XXXXXXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/11/2026 - R 02/02/2026 - D	Mortgage (2026020600498008)	XXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXX	XXX XXXX XX XXX XXXX
02/11/2026 - R 02/02/2026 - D	Termination of Assign of L&R (2026020600498007)	XXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXX	XXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX
02/11/2026 - R 02/02/2026 - D	Agreement (2026020600498006)	XXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXX	XXX XXXX XX XXX XXXX
02/11/2026 - R 02/02/2026 - D	Assignment, Mortgage (2026020600498005)	XXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX	XXX XXXX XX XXX XXXX
02/11/2026 - R 02/02/2026 - D	Agreement (2026020600498004)	XXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXX	XXX XXXX XX XXX XXXX
02/11/2026 - R 02/02/2026 - D	Assignment, Mortgage (2026020600498003)	XXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX	XXX XXXX XX XXX XXXX
02/11/2026 - R 02/02/2026 - D	Certificate (2026020600498002)	XXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXX XXXX XXXXXX	XXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX
02/11/2026 - R 02/02/2026 - D	Agreement (2026020600498001)	XXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXX XXXX XXXXXX	XXX XXXX XX XXX XXXX
09/14/2023 - R 08/22/2023 - D	Agreement (2023091100630001)	XXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XX	XXXXXXXXXX XX XXXXXXX XXXXXXXXXXXX XXX XXXXXXXXXXX
10/22/2020 - R 10/20/2020 - D	Landmark Designation (2020102000422001)	XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 248 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

$2,635,000

Assessed value

$1,185,750

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	$2,285,000	$1,028,250	$0	12.439%	$36,484	$0	n/a
2024/25	$1,904,400	$856,980	$0	12.5%	$34,184	$0	n/a
2023/24	$1,587,000	$714,150	$0	12.502%	$34,189	$0	n/a
2022/23	$1,861,000	$837,450	$0	12.267%	$31,880	$0	n/a
2021/22	$1,723,000	$775,350	$0	12.235%	$29,620	$0	n/a
2020/21	$1,892,000	$851,400	$0	12.267%	$27,676	$0	n/a
2019/20	$1,831,000	$823,950	$0	12.473%	$26,238	$0	n/a
2018/19	$1,526,000	$686,700	$0	12.612%	$26,531	$0	n/a
2017/18	$586,000	$263,700	$0	12.719%	$23,504	$0	n/a
2016/17	$469,000	$211,050	$0	12.892%	$22,060	$0	n/a

Permits

Permit information for 248 Madison Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
05/25/2016	Alteration type 3
06/23/2015	Alteration type 2
05/11/2009	Alteration type 2
07/29/1994	Alteration type 2
03/29/1993	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	03/31/2026	C
	03/31/2026	B
	03/31/2026	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)

0.288

View subway map

Access the detailed traffic volume map for 248 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	0.38
P.S. 3 The Bedford Village	4	Yes	Public	PK, K-5	224	0.38
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
P.S. 305 Dr Peter Ray	NR	No	Public	PK, K-5	102	0.20
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.20
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
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.23

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	0.20
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.23
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.25
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.26
P.S. 140	NR	No	Public	K-10	318	0.26
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.28
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.37
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.38
Restoration Academy	3	No	Public	6-8	94	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	0.97
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.05
Brooklyn Academy High School	NR	No	Public	10-12	82	0.08
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.23
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.25
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.26
P.S. 140	NR	No	Public	K-10	318	0.26
Bedford Academy High School	9	No	Public	9-12	381	0.27
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.37
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.43

Frequently asked questions

What is the year built for 248 Madison Street, Brooklyn, NY 11216?

The development at 248 Madison Street, Brooklyn, NY 11216 was built in 1931.

What is the total square footage of 248 Madison Street, Brooklyn, NY 11216?

248 Madison Street, Brooklyn, NY 11216 has a total of 9,322 square feet.

When was 248 Madison Street, Brooklyn, NY 11216 last sold and what was the sale price?

248 Madison Street, Brooklyn, NY 11216 was last sold on 02/10/2016 for $148,592.

What is the assessed value of 248 Madison Street, Brooklyn, NY 11216?

248 Madison Street, Brooklyn, NY 11216 is currently assessed at $1,185,750.

How many residential units does this building have?

This building has 8 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.