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340 Madison Street, Brooklyn, NY 11216 Property Information

340 Madison Street, Brooklyn, NY 11216 Property Information

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

Primary address 340 Madison Street
Neighborhood Bedford-Stuyvesant
Zip code 11216
Borough Brooklyn
Block & lot 01824-0034

Sales & Tax Overview for 340 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 06/27/2012
Purchase price $371,000
Tax class
Estimated property tax $3,548

Lot & Building Information for 340 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 1915
Frontage(s) Madison Street (narrow)
Nearest wide street Marcy Avenue
Distance to wide street
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Zoning & Use for 340 Madison Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
95 /100. Walker's Paradise
Transit Score
100 /100. Rider's Paradise
Bike Score
76 /100. Very Bikeable

School district 13
Community district 3
Closest police station 0.23 Miles
Closest fire station 0.31 Miles

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

Other Property Data for 340 Madison Street, Brooklyn

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Floor area ratio (FAR) for 340 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 340 Madison Street, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 340 Madison Street, Brooklyn

What is the year built & the total sq. ft. for 340 Madison Street, Brooklyn, NY 11216?

340 Madison Street, Brooklyn, NY 11216 was built in 1915 and has a total of 2,400 square feet.

What is the assessed value of 340 Madison Street, Brooklyn, NY 11216 and the property tax paid?

Assessed at $119,340, the tax amount paid for 340 Madison Street, Brooklyn, NY 11216 is $3,547. For the next year, the tax amount for 340 Madison Street, Brooklyn, NY 11216 is estimated at $3,548.

When was 340 Madison Street, Brooklyn, NY 11216 last sold and what was the last sale price?

340 Madison Street, Brooklyn, NY 11216 was last sold in 06/27/2012 for $371,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 340 Madison Street, Brooklyn

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Property owner name for 340 Madison Street, Brooklyn, NY 11216
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Building contacts for 340 Madison Street, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 340 Madison Street, Brooklyn

Create a free account to view the complete sales history for 340 Madison Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/27/2012 $371,000

Title Documents for 340 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
09/14/2020 - D
10/19/2020 - R		 Mortgage
(2020101300011001)
06/27/2012 - D
07/25/2012 - R		 Mortgage
(2012070200053002)
06/27/2012 - D
07/25/2012 - R		 Deed
(2012070200053001)
12/29/1987 - D
03/29/1988 - R		 Deed
(3170001354917)
10/01/1968 - R Deed
(36830028001026)
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R: Recorded date
D: Document date

Property Taxes for 340 Madison Street, Brooklyn

Access detailed property tax data for 340 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: $3,548
Estimated property tax: $3,548
Tax assessor's market value: $1,989,000
Assessed value: $119,340

More about New York City Property Taxes

Assessment History for 340 Madison Street, Brooklyn

Here's the assessment & property tax history for 340 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 $1,989,000 $119,340 $17,878 19.843% $3,548 $3,548 +0.00%
2024/25 $1,625,000 $97,500 $17,662 20.085% $3,547 $3,547 +5.80%
2023/24 $1,498,000 $89,880 $16,694 20.085% $3,353 $3,353 +4.74%
2022/23 $1,226,000 $73,560 $15,763 20.309% $3,201 $3,201 +7.61%
2021/22 $1,312,000 $78,720 $14,904 19.963% $2,975 $2,975 -5.11%
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Permits for 340 Madison Street, Brooklyn

The complete history of permits filed for 340 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
08/23/2012 Alteration type 2
         
         
         
         
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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 NE Corner
Station lines A-C
Distance (miles) 0.397
View subway map
Bus Routes
Name Tompkins Av/Putnam Av
Line B43
Distance (miles) 0.067

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 93 William H Prescott 4 Yes Public PK, K-5 172 0.43
P.S. 93 William H Prescott 4 Yes Public PK, K-5 172 0.43
Mt Pleasant Christian Academy NR No Private PK-12 10 0.05
Mt Pleasant Christian Academy NR No Private PK-12 10 0.05
Urban Assembly Academy Of Arts And Letters 6 No Public PK, K-8 729 0.06
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Mt Pleasant Christian Academy NR No Private PK-12 10 0.05
Urban Assembly Academy Of Arts And Letters 6 No Public PK, K-8 729 0.06
Mount Pleasant Christian Academy NR No Private 1-12 0 0.07
Brooklyn East Collegiate Charter School 7 No Charter 8 66 0.13
Leadership Preparatory Bedford Stuyvesant Charter School 6 No Charter K-12 1,186 0.22
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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 0.81
Mt Pleasant Christian Academy NR No Private PK-12 10 0.05
Mount Pleasant Christian Academy NR No Private 1-12 0 0.07
Brooklyn Academy High School NR No Public 10-12 82 0.13
Bedford Stuyvesant Prepretory High School NR No Public 10-12 102 0.16
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 340 Madison Street, Brooklyn

Here are the neighbors for 340 Madison Street, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
334 Madison St, Brooklyn 2,400 11/07/2017
338 Madison St, Brooklyn 2,400 04/07/2022 $2,700,000
316 Madison St, Brooklyn 3,200 02/08/2022
358 Tompkins Ave, Brooklyn 3,467 06/13/2022 $1,700,000
360 A Tompkins Ave, Brooklyn 2,400 10/04/2004 $485,000
366 Tompkins Ave, Brooklyn 2,360 05/11/2021
342 Madison St, Brooklyn 2,400 03/02/1995
336 Madison St, Brooklyn 2,400 09/11/2003 $415,000
328 Madison St, Brooklyn 8,500 08/02/2013 $1,200,000
324 Madison St, Brooklyn 3,200 07/20/2011 $460,000
356 Tompkins Ave, Brooklyn 2,800 02/19/2025
368 Tompkins Ave, Brooklyn 5,264 07/15/1999
330 Madison St, Brooklyn 1,689 11/15/2002
326 Madison St, Brooklyn 1,689 10/15/2019 $975,000
346 Madison St, Brooklyn 2,400 10/28/2004 $424,000
362 Tompkins Ave, Brooklyn 3,645 02/17/2006 $686,500
322 Madison St, Brooklyn 3,200 02/15/2023 $1,550,000
320 Madison St, Brooklyn 4,000 06/01/2016 $1,995,000
344 Madison St, Brooklyn 2,400 07/23/2018 $1,400,000
354 Tompkins Ave, Brooklyn 2,400 06/07/1999
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