New York City » 11216 » Madison St » 116 Madison St

116 Madison Street, Brooklyn, NY 11216 - Property report

Also known as: 116 Madison St

Property image for 116 Madison Street, Brooklyn, NY 11216

Property type

Three Families (C0)

Year built

1910

Lot sq. ft.

2,000

Sale price

$3,191,500

General information

Address

Primary address

116 Madison Street

ZIP code

11216

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01990-0028

Building

Property type

Three Families (C0)

Building sq. ft.

3,040

Building dimensions

20 ft x 38 ft

Buildings on lot

Stories

Year built

1910

Last altered

2023

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

07/31/2025

Sale price

$3,191,500

Tax

Tax year

2026-2027

Property tax

$8,910

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

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

83 /100. Very Bikeable

School district

Community district

Closest police station

0.50 Miles

Closest fire station

0.19 Miles

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

Ownership

Ownership information for 116 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 116 Madison Street, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
07/31/2025	$3,191,500	XXXXXXXXX XXXXXX XX X X X	XXX XX XXX
03/01/2023	$1,625,000	XXX XX XXX	XXXXXX, XXXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/23/2025 - R 12/15/2025 - D	Assignment, Mortgage (2025121600124024)	XXXXXX XXXXXX XXX	XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
12/23/2025 - R 12/15/2025 - D	Agreement (2025121600124023)	XXXXXXXXX XXXXXX XXX X X X	XXXXXX XXXXXX XXX
12/23/2025 - R 12/15/2025 - D	Deed (2025121600124001)	XXXXXXXXX XXXXXX XX X X X	XXXXXXXXX XXXXXX X X X
09/15/2025 - R	UCC3 Termination (2025091000665002)	XXX XX XXX	XXXXXXXX XXXXXXX XXXX
08/12/2025 - R	UCC3 Termination (2025080700333004)	XXX XX XXX	XXXXX XXXXXXX XXX
08/12/2025 - R 08/06/2025 - D	Satisfaction of Mortgage (2025080700333003)	XXX XX XXX	XXXXX XXXXXXX XXX
08/12/2025 - R 08/06/2025 - D	Termination of Assign of L&R (2025080700333002)	XXXXX XXXXXXX XXX	XXX XX XXX
08/12/2025 - R 08/06/2025 - D	Satisfaction of Mortgage (2025080700333001)	XXX XX XXX	XXXXX XXXXXXX XXX
09/15/2025 - R 07/31/2025 - D	Satisfaction of Mortgage (2025091000665001)	XXX XX XXX	XXXXXXXX XXXXXXX XXXX
08/08/2025 - R 07/31/2025 - D	Deed (2025080500134001)	XXX XX XXX	XXXXXXXXX XXXXXX XX X X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 116 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

$8,910

Municipal exemptions

Recent tax assessments

Market value

$1,889,000

Assessed value

$113,340

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	$1,853,000	$111,180	$41,882	19.843%	$8,311	$8,311	+83.23%
2024/25	$1,577,000	$94,620	$22,582	20.085%	$4,536	$4,536	+3.95%
2023/24	$1,935,000	$116,100	$21,724	20.085%	$4,363	$4,363	+24.30%
2022/23	$1,554,000	$93,240	$17,284	20.309%	$4,251	$3,510	+4.66%
2021/22	$1,200,000	$72,000	$16,803	19.963%	$4,029	$3,354	-1.53%
2020/21	$1,455,000	$87,300	$16,185	21.045%	$4,096	$3,406	+3.10%
2019/20	$1,532,000	$91,920	$15,608	21.167%	$3,983	$3,304	+6.40%
2018/19	$2,051,000	$123,060	$14,843	20.919%	$3,787	$3,105	+7.00%
2017/18	$1,300,000	$78,000	$14,235	20.385%	$3,556	$2,902	+8.01%
2016/17	$963,000	$57,780	$13,439	19.991%	$3,362	$2,687	+7.50%

Permits

Permit information for 116 Madison Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
01/09/2025	Alteration
10/18/2024	Alteration
10/01/2024	Alteration
02/26/2024	Alteration
02/08/2024	Alteration

*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
	06/10/2025	A
	11/04/2024	B
	11/04/2024	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)

0.198

View subway map

Access the detailed traffic volume map for 116 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	0.12
P.S. 3 The Bedford Village	4	Yes	Public	PK, K-5	224	0.12
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.02
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.02
The Brooklyn Waldorf School	NR	No	Private	PK, K-8	160	0.17
The Brooklyn Waldorf School	NR	No	Private	PK, K-8	160	0.17
The Co-op School	NR	No	Private	PK, K-5	0	0.27
P.S. 56 Lewis H Latimer	5	No	Public	PK, K-5	262	0.33
P.S. 56 Lewis H Latimer	5	No	Public	PK, K-5	262	0.33

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.02
The Brooklyn Waldorf School	NR	No	Private	PK, K-8	160	0.17
Urban Assembly Unison School (The)	3	No	Public	6-8	173	0.33
Bethel Elementary School	NR	No	Private	PK-8	34	0.38
Brooklyn East Collegiate Charter School	7	No	Charter	8	66	0.38
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.39
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.45
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.50
P.S. 140	NR	No	Public	K-10	318	0.51
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.51

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	0.10
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.35
Brooklyn Academy High School	NR	No	Public	10-12	82	0.38
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.39
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.45
P.S. 140	NR	No	Public	K-10	318	0.51
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.51
Gotham Professional Arts Academy	NR	No	Public	9-12	179	0.53
Acorn Community High School	NR	No	Public	9-12	107	0.53
GOTHAM PROFESSIONAL ARTS ACADEMY	NR	No	Public	9-12	217	0.53

Neighbors for 116 Madison Street, Brooklyn, NY

108 Madison St, Brooklyn 96 Madison St, Brooklyn 179 Putnam Ave, Brooklyn 104 Madison St, Brooklyn 118 Madison St, Brooklyn 193 Putnam Ave, Brooklyn 114 Madison St, Brooklyn 110 Madison St, Brooklyn 102 Madison St, Brooklyn 98 Madison St, Brooklyn 191 Putnam Ave, Brooklyn 189 Putnam Ave, Brooklyn 106 Madison St, Brooklyn 100 Madison St, Brooklyn 94 Madison St, Brooklyn 187 Putnam Ave, Brooklyn 183 Putnam Ave, Brooklyn 181 Putnam Ave, Brooklyn 177 Putnam Ave, Brooklyn

Frequently asked questions

What is the year built for 116 Madison Street, Brooklyn, NY 11216?

The development at 116 Madison Street, Brooklyn, NY 11216 was built in 1910.

What is the total square footage of 116 Madison Street, Brooklyn, NY 11216?

116 Madison Street, Brooklyn, NY 11216 has a total of 3,040 square feet.

When was 116 Madison Street, Brooklyn, NY 11216 last sold and what was the sale price?

116 Madison Street, Brooklyn, NY 11216 was last sold on 07/31/2025 for $3,191,500.

What is the assessed value of 116 Madison Street, Brooklyn, NY 11216?

116 Madison Street, Brooklyn, NY 11216 is currently assessed at $113,340.

What are the property taxes for 116 Madison Street, Brooklyn, NY 11216?

The property taxes for 116 Madison Street, Brooklyn, NY 11216 total $8,910.

How many residential units does this building have?

This building has 3 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.