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118 Madison Street, Brooklyn, NY 11216 Property Information

118 Madison Street, Brooklyn, NY 11216 Property Information

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

Primary address 118 Madison Street
Neighborhood Bedford-Stuyvesant
Zip code 11216
Borough Brooklyn
Block & lot 01990-0029

Sales & Tax Overview for 118 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 05/15/2019
Purchase price $1,800,000
Tax class
Estimated property tax $14,877

Lot & Building Information for 118 Madison Street, Brooklyn

Lot sqft 2,000
Lot dimensions 20 ft x 100 ft
Building class Four Families (C3) i
Building sqft 5,449
Building dimensions 20 ft x 38 ft
Buildings on lot 1
Stories 4
Structure type Walk-up apartment
Building material Masonry
Status
Status date
Year built 1901
Frontage(s) Madison Street (narrow)
Nearest wide street Bedford Avenue
Distance to wide street
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Zoning & Use for 118 Madison Street, Brooklyn

Zoning
Residential units (DOF) 4
Residential sqft

Area Overview

Walk Score
96 /100. Walker's Paradise
Transit Score
100 /100. Rider's Paradise
Bike Score
83 /100. Very Bikeable

School district 13
Community district 3
Closest police station 0.50 Miles
Closest fire station 0.19 Miles

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

Other Property Data for 118 Madison Street, Brooklyn

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Floor area ratio (FAR) for 118 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 118 Madison Street, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 118 Madison Street, Brooklyn

What is the year built & the total sq. ft. for 118 Madison Street, Brooklyn, NY 11216?

118 Madison Street, Brooklyn, NY 11216 was built in 1901 and has a total of 5,449 square feet.

What is the assessed value of 118 Madison Street, Brooklyn, NY 11216 and the property tax paid?

Assessed at $275,850, the tax amount paid for 118 Madison Street, Brooklyn, NY 11216 is $13,775. For the next year, the tax amount for 118 Madison Street, Brooklyn, NY 11216 is estimated at $14,877.

When was 118 Madison Street, Brooklyn, NY 11216 last sold?

118 Madison Street, Brooklyn, NY 11216 was last sold in 08/26/2022.

How many residential units does this building have?

This building has 4 residential unit(s).

Ownership Information for 118 Madison Street, Brooklyn

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Property owner name for 118 Madison Street, Brooklyn, NY 11216
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Building contacts for 118 Madison Street, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 118 Madison Street, Brooklyn

Create a free account to view the complete sales history for 118 Madison Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/15/2019 $1,800,000

Title Documents for 118 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
08/26/2022 - D
09/15/2022 - R		 Deed
(2022083000843001)
08/07/2019 - D
08/27/2019 - R		 Certificate
(2019082601166002)
07/26/2019 - D
08/27/2019 - R		 Zoning Lot Description
(2019082601166001)
05/24/2019 - D
06/04/2019 - R		 Satisfaction of Mortgage
(2019053100797001)
05/23/2019 - D
06/03/2019 - R		 Satisfaction of Mortgage
(2019053000793001)
05/15/2019 - D
05/20/2019 - R		 Mortgage
(2019051600350002)
05/15/2019 - D
05/20/2019 - R		 Deed
(2019051600350001)
07/26/2017 - D
08/02/2017 - R		 Deed
(2017073101490001)
08/05/2011 - D
10/20/2011 - R		 Subordination of Mortgage
(2011093001042003)
08/05/2011 - D
10/20/2011 - R		 Agreement
(2011093001042002)
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R: Recorded date
D: Document date

Property Taxes for 118 Madison Street, Brooklyn

Access detailed property tax data for 118 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: $13,775
Estimated property tax: $14,877
Tax assessor's market value: $613,000
Assessed value: $275,850

More about New York City Property Taxes

Assessment History for 118 Madison Street, Brooklyn

Here's the assessment & property tax history for 118 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 $613,000 $275,850 $110,743 12.439% $13,775 $13,775 +37.92%
2024/25 $450,000 $202,500 $79,901 12.5% $9,988 $9,988 +124.48%
2023/24 $2,036,000 $122,160 $22,152 20.085% $4,449 $4,449 +4.81%
2022/23 $1,666,000 $99,960 $20,902 20.309% $4,245 $4,245 +9.27%
2021/22 $1,549,000 $92,940 $19,462 19.963% $4,173 $3,885 -4.50%
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Permits for 118 Madison Street, Brooklyn

The complete history of permits filed for 118 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
08/19/2024 Alteration type 3
01/25/2024 Alteration type 3
05/05/2023 Alteration
03/27/2023 Alteration
01/20/2023 Alteration
09/17/2022 Alteration
09/09/2022 Alteration
08/31/2022 Alteration
06/14/2022 Alteration
11/29/2021 Alteration
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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 Franklin Ave & Fulton St at NE Corner
Station lines A-C-FS
Distance (miles) 0.2
View subway map
Bus Routes
Name Putnam Av/Bedford Av
Line B26
Distance (miles) 0.032

Schools

Nearest elementary schools

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 0.12
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
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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
Brooklyn East Collegiate Charter School 7 No Charter 8 66 0.38
Bethel Elementary School NR No Private PK-8 34 0.38
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Bedford Academy High School 9 No Public 9-12 381 0.09
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
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 118 Madison Street, Brooklyn

Here are the neighbors for 118 Madison Street, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
108 Madison St, Brooklyn 1,608 10/29/2025
96 Madison St, Brooklyn 2,520 02/24/2010 $460,000
179 Putnam Ave, Brooklyn 5,016 09/10/2009 $420,000
104 Madison St, Brooklyn 2,609 08/06/2024 $3,075,000
193 Putnam Ave, Brooklyn 4,000 01/27/1982
114 Madison St, Brooklyn 2,040 09/15/2021
110 Madison St, Brooklyn 2,580 03/23/2005 $75,000
102 Madison St, Brooklyn 2,100 05/13/2021 $2,500,000
98 Madison St, Brooklyn 2,520 08/31/2018
191 Putnam Ave, Brooklyn 3,200 04/30/2010 $522,258
189 Putnam Ave, Brooklyn 3,200 12/11/2009 $650,000
106 Madison St, Brooklyn 2,228 03/30/2015 $1,350,000
175 Putnam Ave, Brooklyn 2,466 06/29/2011 $792,000
100 Madison St, Brooklyn 2,600 12/27/2021 $627,315
187 Putnam Ave, Brooklyn 2,776 10/14/2022
183 Putnam Ave, Brooklyn 2,160 11/03/2020
181 Putnam Ave, Brooklyn 2,812 01/12/2026
177 Putnam Ave, Brooklyn 3,095
116 Madison St, Brooklyn 3,040 12/15/2025
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