New York City » 11238 » Madison St » 58 Madison St

58 Madison Street, Brooklyn, NY 11238 - Property report

Also known as: 58 Madison St

Property image for 58 Madison Street, Brooklyn, NY 11238

Property type

Two Family Converted from One Family (B3)

Year built

1901

Lot sq. ft.

1,250

Sale price

$2,712,500

General information

Address

Primary address

58 Madison Street

ZIP code

11238

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01989-0034

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

2,880

Building dimensions

12.5 ft x 60 ft

Buildings on lot

Stories

Year built

1901

Last altered

2018

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

01/12/2024

Sale price

$2,712,500

Tax

Tax year

2026-2027

Property tax

$7,862

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

Bedford Avenue

Distance to wide street

Lot dimensions

12.5 ft x 100 ft

Lot sq. ft.

1,250

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

85 /100. Very Bikeable

School district

Community district

Closest police station

0.45 Miles

Closest fire station

0.31 Miles

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

Ownership

Ownership information for 58 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 58 Madison Street, Brooklyn, NY 11238

Sale date	Sale price	Buyer name	Seller name
01/12/2024	$2,712,500	XXXXXXXX, XXXXXX X XXX XXXXXXXX, XXXXX XXX	XXXXXXXXXX XXXXXXXXX, XXXXX-XXXXXX XXX XXXXXX, XXXXX
05/26/2016	$1,550,000	XXXXXXXXXX-XXXXXXXXX, XXXXX-XXXXXX XXX XXXXXX, XXXXX	XXXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/04/2024 - R 05/30/2024 - D	Satisfaction of Mortgage (2024053001005001)	XXXXXXXXXXXXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXX XXXX X X
02/09/2024 - R 01/29/2024 - D	Satisfaction of Mortgage (2024020800580001)	XXXXXXXXXXXXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
01/18/2024 - R 01/12/2024 - D	Mortgage (2024011700557004)	XXXXXXXX XXXXXX X	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
01/18/2024 - R 01/12/2024 - D	Deed (2024011700557003)	XXXXXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXXX X
01/18/2024 - R 01/08/2024 - D	Power of Attorney (2024011700557002)	XXXXXXXXXXXXXXXXXXX XXXXXXXXXXX	XX XX XXXX XXXXXX
01/18/2024 - R 01/08/2024 - D	Power of Attorney (2024011700557001)	XXXXXX XXXXX	XX XX XXXX XXXXXX
11/28/2018 - R 11/14/2018 - D	Mortgage (2018112800552001)	XXXXXXXXXXXXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXX XXXX X X
06/09/2016 - R 05/26/2016 - D	Mortgage (2016060100911002)	XXXXXXXXXXXXXXXXXXX XXXXXXXXXXX	XXXX XXX
06/09/2016 - R 05/26/2016 - D	Deed (2016060100911001)	XXXXXXX XXXXX	XXXXXXXXXXXXXXXXXXX XXXXXXXXXXX
04/09/2007 - R 02/16/2007 - D	Satisfaction of Mortgage (2007030600354001)	XXXXXXX XXXXX	XXXXXXX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 58 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

$7,862

Municipal exemptions

Recent tax assessments

Market value

$3,257,000

Assessed value

$195,420

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	$2,798,000	$167,880	$39,593	19.843%	$7,856	$7,856	+145.92%
2024/25	$2,427,000	$145,620	$15,906	20.085%	$3,195	$3,195	+5.98%
2023/24	$2,544,000	$152,640	$15,008	20.085%	$3,014	$3,014	+232.70%
2022/23	$2,224,000	$133,440	$14,186	20.309%	$2,881	$906	+29.62%
2021/22	$1,753,000	$105,180	$13,397	19.963%	$2,674	$699	-75.17%
2020/21	$1,773,000	$106,380	$13,375	21.045%	$2,815	$2,815	+0.32%
2019/20	$1,954,000	$117,240	$13,255	21.167%	$2,806	$2,806	+7.24%
2018/19	$1,649,000	$98,940	$12,507	20.919%	$2,616	$2,616	+8.57%
2017/18	$1,243,000	$74,580	$11,822	20.385%	$2,410	$2,410	+7.98%
2016/17	$921,000	$55,260	$11,164	19.991%	$2,232	$2,232	+2.40%

Permits

Permit information for 58 Madison Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/17/2019	Alteration
10/25/2018	Alteration
06/20/2018	Alteration type 2
06/20/2018	Alteration type 2
09/12/2017	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
	01/21/2005	B
	01/21/2005	B
	01/21/2005	B

*Most recent HPD violations on record for this property.

Neighborhood

Clinton Hill residential market stats

Access a detailed real estate market overview of Clinton Hill so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Clinton Hill and compare it to other neighborhoods in Brooklyn.

Median sale price

$929,000

0.4% Y-o-Y

Median price/sq. ft.

$1,152

-1.5% Y-o-Y

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

Franklin Ave & Fulton St at NE Corner

Station lines

A-C-FS

Distance (miles)

0.185

View subway map

Access the detailed traffic volume map for 58 Madison Street, Brooklyn, NY 11238 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	0.12
P.S. 3 The Bedford Village	4	Yes	Public	PK, K-5	224	0.12
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
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.14
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.14
Nelrak Child Development Center	NR	No	Private	PK, K-3	50	0.18
P.S. 56 Lewis H Latimer	5	No	Public	PK, K-5	262	0.22
P.S. 56 Lewis H Latimer	5	No	Public	PK, K-5	262	0.22

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
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	0.14
Urban Assembly Unison School (The)	3	No	Public	6-8	173	0.22
Bethel Elementary School	NR	No	Private	PK-8	34	0.27
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.42
Achievement First Endeavor Charter School	6	No	Charter	K-8	738	0.48
Community Partnership Charter School	7	No	Charter	PK, K-8	371	0.48
Explore Exceed Charter School	6	No	Charter	K-8	429	0.50
Brooklyn East Collegiate Charter School	7	No	Charter	8	66	0.50
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.53

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	0.19
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.42
Gotham Professional Arts Academy	NR	No	Public	9-12	179	0.44
GOTHAM PROFESSIONAL ARTS ACADEMY	NR	No	Public	9-12	217	0.44
Acorn Community High School	NR	No	Public	9-12	107	0.44
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.47
Brooklyn Academy High School	NR	No	Public	10-12	82	0.50
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.53
Brooklyn Community High School Communication Arts An	NR	No	Public	9-12	515	0.56
Brooklyn High School For Leadership And Community	1	No	Public	9-12	139	0.56

Frequently asked questions

What is the year built for 58 Madison Street, Brooklyn, NY 11238?

The development at 58 Madison Street, Brooklyn, NY 11238 was built in 1901.

What is the total square footage of 58 Madison Street, Brooklyn, NY 11238?

58 Madison Street, Brooklyn, NY 11238 has a total of 2,880 square feet.

When was 58 Madison Street, Brooklyn, NY 11238 last sold and what was the sale price?

58 Madison Street, Brooklyn, NY 11238 was last sold on 01/12/2024 for $2,712,500.

What is the assessed value of 58 Madison Street, Brooklyn, NY 11238?

58 Madison Street, Brooklyn, NY 11238 is currently assessed at $195,420.

What are the property taxes for 58 Madison Street, Brooklyn, NY 11238?

The property taxes for 58 Madison Street, Brooklyn, NY 11238 total $7,861.

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.