| Primary address | 40 Madison Street |
| Neighborhood | Bedford-Stuyvesant |
| Zip code | 11238 |
| Borough | Brooklyn |
| Block & lot | 01989-0025 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 03/23/2020 |
| Purchase price | $2,277,000 |
| Tax class | Register |
| Estimated property tax | $6,366 |
| Lot sqft | 1,600 |
| Lot dimensions | |
| Building class | City Residence One Family (A4) |
| Building sqft | 2,304 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 3 |
| Structure type | Old style |
| Building material | Frame |
| Exterior wall | Composition |
| Basement type | Full |
| Year built | 1905 |
| Year last altered | 2018 |
| Frontage(s) | Madison Street (narrow) |
| Nearest wide street | Fulton Street |
| Distance to wide street | Register |
| School district | 13 |
| Community district | 3 |
| Closest police station | 0.45 Miles |
| Closest fire station | 0.34 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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40 Madison Street, Brooklyn, NY 11238 was built in 1905 and has a total of 2,304 square feet.
What is the assessed value of 40 Madison Street, Brooklyn, NY 11238 and the property tax paid?Assessed at $173,940, the tax amount paid for 40 Madison Street, Brooklyn, NY 11238 is $6,097. For the next year, the tax amount for 40 Madison Street, Brooklyn, NY 11238 is estimated at $6,366.
When was 40 Madison Street, Brooklyn, NY 11238 last sold and what was the last sale price?40 Madison Street, Brooklyn, NY 11238 was last sold in 03/23/2020 for $2,277,000.
How many residential units does this building have?This building has 1 residential unit(s).
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 40 Madison Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 40 Madison Street, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $6,098 |
| Estimated property tax: | $6,366 |
| Tax assessor's market value: | $2,899,000 |
| Assessed value: | $173,940 |
Here's the assessment & property tax history for 40 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 | $2,899,000 | $173,940 | $30,729 | 19.843% | $6,098 | $6,098 | +4.72% |
| 2024/25 | $2,290,000 | $137,400 | $28,990 | 20.085% | $5,823 | $5,823 | +2.80% |
| 2023/24 | $2,024,000 | $121,440 | $28,201 | 20.085% | $5,664 | $5,664 | +1.61% |
| 2022/23 | $2,204,000 | $132,240 | $27,449 | 20.309% | $5,575 | $5,575 | +4.45% |
| 2021/22 | $1,800,000 | $108,000 | $26,735 | 19.963% | $5,337 | $5,337 | -5.14% |
The complete history of permits filed for 40 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.
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.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Franklin Ave & Fulton St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | A-C-FS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.195 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Franklin Av/Madison St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.063 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 | 0.15 |
| P.S. 3 The Bedford Village | 4 | Yes | Public | PK, K-5 | 224 | 0.15 |
| The Brooklyn Waldorf School | NR | No | Private | PK, K-8 | 160 | 0.09 |
| The Brooklyn Waldorf School | NR | No | Private | PK, K-8 | 160 | 0.09 |
| Nelrak Child Development Center | NR | No | Private | PK, K-3 | 50 | 0.15 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| The Brooklyn Waldorf School | NR | No | Private | PK, K-8 | 160 | 0.09 |
| Clara Muhammad School Of Masjid Khalifah | NR | No | Private | PK-8 | 79 | 0.17 |
| Urban Assembly Unison School (The) | 3 | No | Public | 6-8 | 173 | 0.19 |
| Bethel Elementary School | NR | No | Private | PK-8 | 34 | 0.24 |
| Talmud Torah Dnitra | NR | No | Private | PK, K-12 | 500 | 0.43 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Bedford Academy High School | 9 | No | Public | 9-12 | 381 | 0.22 |
| Gotham Professional Arts Academy | NR | No | Public | 9-12 | 179 | 0.42 |
| GOTHAM PROFESSIONAL ARTS ACADEMY | NR | No | Public | 9-12 | 217 | 0.42 |
| Acorn Community High School | NR | No | Public | 9-12 | 107 | 0.42 |
| Talmud Torah Dnitra | NR | No | Private | PK, K-12 | 500 | 0.43 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 40 Madison Street, Brooklyn, NY 11238.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 50 Madison St, Brooklyn | 2,890 | 02/13/2014 | $1,530,000 |
| 54 Madison St, Brooklyn | 2,400 | 09/29/2022 | |
| 81 Madison St, Brooklyn | 2,384 | 08/16/2019 | $2,450,000 |
| 42 Madison St, Brooklyn | 1,740 | 05/26/2009 | $595,000 |
| 52 Madison St, Brooklyn | 2,400 | 07/15/2015 | $1,640,000 |
| 38 Madison St, Brooklyn | 1,440 | 01/09/2007 | |
| 36 Madison St, Brooklyn | 3,440 | 04/17/2020 | $2,725,000 |
| 89 Madison St, Brooklyn | 2,580 | 05/10/2012 | |
| 44 Madison St, Brooklyn | 3,570 | 08/29/2024 | $3,200,000 |
| 20 Madison St, Brooklyn | 09/22/1989 | ||
| 60 Madison St, Brooklyn | 12/11/2025 | ||
| 32 Madison St, Brooklyn | 7,760 | 09/22/1989 | |
| 79 Madison St, Brooklyn | 2,504 | 06/03/2022 | $3,250,000 |
| 58 Madison St, Brooklyn | 2,880 | 01/12/2024 | $2,712,500 |
| 46 Madison St, Brooklyn | 3,500 | 02/09/1983 | |
| 34 Madison St, Brooklyn | 4,144 | 03/18/2025 | $3,250,000 |
| 495-513 Classon Ave, Brooklyn | 66,500 | 09/22/1989 | |
| 83 Madison St, Brooklyn | 2,312 | 03/14/2019 | $2,575,000 |
| 48 Madison St, Brooklyn | 2,400 | 05/21/2012 | $802,000 |
| 56 Madison St, Brooklyn | 2,104 | 02/20/2013 |
