Kings  »  11237  »  Madison St  »  1387 Madison St

1387 Madison Street, Brooklyn, NY 11237 - Property report

Also known as: 1387 Madison St

Property image for 1387 Madison Street, Brooklyn, NY 11237
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Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

2,500

Sale price

$375,000

General information

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Address
Primary address
1387 Madison Street
ZIP code
11237
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03363-0028

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
5,818
Building dimensions
25 ft x 65 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
05/07/2025
Sale price
$375,000
Tax
Tax year
2026-2027
Property tax
$9,012
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.33 Miles
Closest fire station
0.20 Miles

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

Ownership

Ownership information for 1387 Madison Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1387 Madison Street, Brooklyn, NY 11237

Sale date Sale price Buyer name Seller name
05/07/2025 $375,000 XXXXXXX XXXX XXX XXXXXX XX XXXXX XXXXXXX XXX XXXXXXXXX, XXXXXXX XXX XXXXXXXXX, XXX XXX XXXXXXXX, XXXXXXX XXX XXXXX, XXXXXX
02/07/2024 $50,000 XXXXXXX XXXX XXX XXXXXXXX, XXXXX XXXXXXX, XXX XX XXX XXXXXXXX XX XXXX XX XXX, XXXXXXXX XXXXXXX XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/15/2025 - R Initial UCC1
(2025050900972008)		 XXXXXXX XXXX XXX XXXXX X XXXXXXX XXX
05/15/2025 - R
05/07/2025 - D		 Asgn of Asgn of L&R
(2025050900972014)		 XXXXX X XXXXXXX XXX XXXXXXX XXXX X X
05/15/2025 - R
05/07/2025 - D		 Assignment, Mortgage
(2025050900972013)		 XXXXX X XXXXXXX XXX XXXXXXX XXXX X X
05/15/2025 - R
05/07/2025 - D		 Assignment of Leases and Rents
(2025050900972012)		 XXXXXXX XXXX XXX XXXXX X XXXXXXX XXX
05/15/2025 - R
05/07/2025 - D		 Mortgage
(2025050900972011)		 XXXXXXX XXXX XXX XXXXX X XXXXXXX XXX
05/15/2025 - R
05/07/2025 - D		 Asgn of Asgn of L&R
(2025050900972010)		 XXXXX X XXXXXXX XXX XXXXXXX XXXX X X
05/15/2025 - R
05/07/2025 - D		 Assignment, Mortgage
(2025050900972009)		 XXXXX X XXXXXXX XXX XXXXXXX XXXX X X
05/15/2025 - R
05/07/2025 - D		 Assignment of Leases and Rents
(2025050900972007)		 XXXXXXX XXXX XXX XXXXX X XXXXXXX XXX
05/15/2025 - R
05/07/2025 - D		 Mortgage
(2025050900972006)		 XXXXXXX XXXX XXX XXXXX X XXXXXXX XXX
05/15/2025 - R
05/07/2025 - D		 Deed
(2025050900972005)		 XXXXXX XX XXXXX XXXXXXX XXXXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1387 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
$9,012
Municipal exemptions
Recent tax assessments
Market value
$161,000
Assessed value
$72,450

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 $1,024,000 $460,800 $101,963 12.439% $12,683 $12,683 +2.74%
2024/25 $1,280,000 $576,000 $98,764 12.5% $12,346 $12,346 +7.95%
2023/24 $1,162,000 $522,900 $91,480 12.502% $11,437 $11,437 +10.07%
2022/23 $968,000 $435,600 $84,704 12.267% $10,391 $10,391 +8.28%
2021/22 $774,000 $348,300 $78,433 12.235% $9,596 $9,596 -0.26%
2020/21 $849,000 $382,050 $78,433 12.267% $9,621 $9,621 +1.53%
2019/20 $807,000 $363,150 $75,972 12.473% $9,476 $9,476 +6.77%
2018/19 $781,000 $351,450 $70,369 12.612% $8,875 $8,875 +7.09%
2017/18 $719,000 $323,550 $65,157 12.719% $8,287 $8,287 +6.55%
2016/17 $648,000 $291,600 $60,333 12.892% $7,778 $7,778 +0.07%
Permits

Permit information for 1387 Madison Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/23/2026 Alteration
06/12/2026 Alteration CO
04/29/2026 Alteration CO
03/12/2026 Alteration CO
10/29/2025 Alteration CO

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
09/23/2024 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Palmetto St & Wycoff Ave at NE Corner
Station lines
L-M
Distance (miles)
0.129
View subway map

Access the detailed traffic volume map for 1387 Madison Street, Brooklyn, NY 11237 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

Neighbors for 1387 Madison Street, Brooklyn, NY

1379 Madison St, Brooklyn 657 Knickerbocker Ave, Brooklyn 1389 Madison St, Brooklyn 12 Ridgewood Pl, Brooklyn 400 Irving Ave, Brooklyn 1391 Madison St, Brooklyn 1397 Madison St, Brooklyn 1399 Madison St, Brooklyn 1403 Madison St, Brooklyn 408 Woodbine St, Brooklyn 1381 Madison St, Brooklyn 1385 Madison St, Brooklyn 1383 Madison St, Brooklyn 1377 Madison St, Brooklyn 651 Knickerbocker Ave, Brooklyn 655 Knickerbocker Ave, Brooklyn 653 Knickerbocker Ave, Brooklyn 1393 Madison St, Brooklyn 1395 Madison St, Brooklyn 1401 Madison St, Brooklyn

Nearby ZIP codes for 1387 Madison Street, Brooklyn, NY

11101, New York City, NY 11104, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11233, New York City, NY 11238, New York City, NY 11373, New York City, NY 11377, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 1387 Madison Street, Brooklyn, NY 11237?

The development at 1387 Madison Street, Brooklyn, NY 11237 was built in 1931.

What is the total square footage of 1387 Madison Street, Brooklyn, NY 11237?

1387 Madison Street, Brooklyn, NY 11237 has a total of 5,818 square feet.

When was 1387 Madison Street, Brooklyn, NY 11237 last sold and what was the sale price?

1387 Madison Street, Brooklyn, NY 11237 was last sold on 05/07/2025 for $375,000.

What is the assessed value of 1387 Madison Street, Brooklyn, NY 11237?

1387 Madison Street, Brooklyn, NY 11237 is currently assessed at $72,450.

What are the property taxes for 1387 Madison Street, Brooklyn, NY 11237?

The property taxes for 1387 Madison Street, Brooklyn, NY 11237 total $9,012.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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