New York City » 11221 » Madison St » 975 Madison St

975 Madison Street, Brooklyn, NY 11221 - Property report

Also known as: 975 Madison St

Property image for 975 Madison Street, Brooklyn, NY 11221

Property type

Two Family Brick (B1)

Year built

1994

Lot sq. ft.

2,133

Sale price

$999,999

General information

Address

Primary address

975 Madison Street

Alternate address(es)

975-977 Madison St

ZIP code

11221

Neighborhood

Bushwick

Borough

Brooklyn

Block & lot

03357-0149

Building

Property type

Two Family Brick (B1)

Building sq. ft.

2,100

Building dimensions

21 ft x 50 ft

Buildings on lot

Stories

Year built

1994

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

10/04/2023

Sale price

$999,999

Tax

Tax year

2026-2027

Property tax

$7,201

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

Bushwick Avenue

Distance to wide street

Lot dimensions

21.33 ft x 100 ft

Lot sq. ft.

2,133

Area overview

Walk score

88 /100. Very Walkable

Transit score

95 /100. Rider's Paradise

Bike score

78 /100. Very Bikeable

School district

Community district

Closest police station

0.25 Miles

Closest fire station

0.54 Miles

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

Ownership

Ownership information for 975 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 975 Madison Street, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
10/04/2023	$999,999	XXXXXXX XXXX, XXXXXXX XXXXXXXX	XXXXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/05/2024 - R 12/26/2023 - D	Satisfaction of Mortgage (2024010300666001)	XXXXXXX XXXXXX	XXXXXXXX XXXXXXX XXXXXXX
11/17/2023 - R	Initial UCC1 (2023111601069001)	XXXXXXX XXXXXXX	XXXXX XXXXXX XXX
10/13/2023 - R 10/04/2023 - D	Mortgage (2023100600571002)	XXXXXXX XXXX XXXXXXX XXXXXXXX	X X XXXXXXXX XXX
10/13/2023 - R 10/04/2023 - D	Deed (2023100600571001)	XXXXXXX XXXXXX	XXXXXXX XXXX XXXXXXX XXXXXXXX
02/04/2010 - R 10/20/2009 - D	Assignment, Mortgage (2010020100248001)	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XX X	XXXXXXXXXXXX
06/21/2007 - R 06/11/2007 - D	Satisfaction of Mortgage (2007061300810001)	XXXXXXX XXXXXX	XXXXXXXXXXXX XXX
06/06/2007 - R 05/18/2007 - D	Mortgage (2007060400297001)	XXXXXXX XXXXXX
09/15/2006 - R 09/05/2006 - D	Assignment, Mortgage (2006090801091001)	XXXXXXXXXX XXXXXXXX XXXXXXX	XXXXXXXXXXXX XXX
08/02/2006 - R 07/13/2006 - D	Satisfaction of Mortgage (2006072101713001)	XXXXXXX XXXXXX	XXX XXXX XX XXX XXXX
07/03/2006 - R 05/31/2006 - D	Satisfaction of Mortgage (2006060602605001)	XXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 975 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

$7,201

Municipal exemptions

Recent tax assessments

Market value

$991,000

Assessed value

$59,460

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	$975,000	$58,500	$34,237	19.843%	$6,794	$6,794	-1.20%
2024/25	$893,000	$53,580	$34,237	20.085%	$6,877	$6,877	+4.03%
2023/24	$1,089,000	$65,340	$32,912	20.085%	$6,610	$6,610	+4.81%
2022/23	$1,036,000	$62,160	$31,054	20.309%	$6,307	$6,307	+4.47%
2021/22	$924,000	$55,440	$30,242	19.963%	$6,037	$6,037	+0.54%
2020/21	$1,048,000	$62,880	$28,531	21.045%	$6,004	$6,004	-0.58%
2019/20	$1,095,000	$65,700	$28,531	21.167%	$6,039	$6,039	+5.26%
2018/19	$1,407,000	$84,420	$27,427	20.919%	$5,737	$5,737	+8.76%
2017/18	$892,000	$53,520	$25,878	20.385%	$5,275	$5,275	+4.71%
2016/17	$661,000	$39,660	$25,202	19.991%	$5,038	$5,038	+8.37%

Permits

Permit information for 975 Madison Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
11/10/2023	Alteration
11/07/2023	Alteration type 2
12/21/1994	New building
09/08/1993	New building

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Bushwick South residential market stats

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

Median sale price

—

Median price/sq. ft.

—

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

Linden St & Broadway at NW Corner

Station lines

J-Z

Distance (miles)

0.212

View subway map

Access the detailed traffic volume map for 975 Madison Street, Brooklyn, NY 11221 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. 299 Thomas Warren Field School	3	Yes	Public	PK, K-5	197	0.13
P.S. 299 Thomas Warren Field School	3	Yes	Public	PK, K-5	197	0.13
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.27
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.27
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.28
P.S. 309 George E Wibecan Preparatory Academy	4	No	Public	PK, K-5	150	0.28
P.S. 309 George E Wibecan Preparatory Academy	4	No	Public	PK, K-5	150	0.28
Brooklyn Excelsior Charter School	6	No	Charter	K-8	610	0.30
P.S. 75 Mayda Cortiella	3	No	Public	PK, K-5	215	0.31
P.S. 75 Mayda Cortiella	3	No	Public	PK, K-5	215	0.31

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 291 Roland Hayes	3	Yes	Public	6-8	267	0.50
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.27
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.28
Brooklyn Excelsior Charter School	6	No	Charter	K-8	610	0.30
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.38
Achievement First North Brooklyn Prep Charter School	7	No	Charter	K-8	851	0.39
Evergreen Middle School-Urban Exploration	4	No	Public	6-8	342	0.47
P.S. 45 Horace E Greene	5	No	Public	PK, K-8	491	0.51
Excellence Boys Charter School Of Bedford Stuyvesa	6	No	Charter	K-8	472	0.53
Jhs 383 Philippa Schuyler	7	No	Public	5-8	822	0.60

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Brooklyn High School Law And Tech	3	No	Public	9-12	549	0.10
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.28
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.38
Bushwick Community High School	2	No	Public	9-12	86	0.50
Math, Eng, Science Academy Charter High	5	No	Charter	9-12	515	0.50
Bushwick Leaders High School For Academic Excellence	3	No	Public	9-12	370	0.60
Academy for Environmental Leadership	2	No	Public	9-12	275	0.65
Brooklyn School For Math And Research	NR	No	Public	9-12	333	0.65
Bushwick School for Social Justice	2	No	Public	9-12	272	0.65
Academy Of Urban Planning	5	No	Public	9-12	403	0.65

Neighbors for 975 Madison Street, Brooklyn, NY

967 Madison St, Brooklyn 979 Madison St, Brooklyn 971 Madison St, Brooklyn 963 Madison St, Brooklyn 987 Madison St, Brooklyn 1116 Bushwick Ave, Brooklyn 969 Madison St, Brooklyn 965 Madison St, Brooklyn 983 Madison St, Brooklyn 1122 Bushwick Ave, Brooklyn 989 Madison St, Brooklyn 1120 Bushwick Ave, Brooklyn 973 Madison St, Brooklyn 1118 Bushwick Ave, Brooklyn 981 Madison St, Brooklyn 1112 Bushwick Ave, Brooklyn 961 Madison St, Brooklyn 1114 Bushwick Ave, Brooklyn 985 Madison St, Brooklyn

Frequently asked questions

What is the year built for 975 Madison Street, Brooklyn, NY 11221?

The development at 975 Madison Street, Brooklyn, NY 11221 was built in 1994.

What is the total square footage of 975 Madison Street, Brooklyn, NY 11221?

975 Madison Street, Brooklyn, NY 11221 has a total of 2,100 square feet.

When was 975 Madison Street, Brooklyn, NY 11221 last sold and what was the sale price?

975 Madison Street, Brooklyn, NY 11221 was last sold on 10/04/2023 for $999,999.

What is the assessed value of 975 Madison Street, Brooklyn, NY 11221?

975 Madison Street, Brooklyn, NY 11221 is currently assessed at $59,460.

What are the property taxes for 975 Madison Street, Brooklyn, NY 11221?

The property taxes for 975 Madison Street, Brooklyn, NY 11221 total $7,201.

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.