Kings  »  11221  »  Madison St  »  1118 Madison St

1118 Madison Street, Brooklyn, NY 11221 - Property report

Also known as: 1118 Madison St

Property image for 1118 Madison Street, Brooklyn, NY 11221
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Property type

Over Six Families without Stores (C1)

Year built

1906

Lot sq. ft.

2,667

Sale price

$1,100,000

General information

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Address
Primary address
1118 Madison Street
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03368-0027

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
7,467
Building dimensions
26.67 ft x 70 ft
Buildings on lot
1
Stories
4
Year built
1906
Building material
Sales
Sale date
08/14/2007
Sale price
$1,100,000
Tax
Tax year
2026-2027
Property tax
$15,220
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
26.67 ft x 100 ft
Lot sq. ft.
2,667

Area overview

Walk score
73 /100.  Very Walkable
Transit score
99 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.39 Miles
Closest fire station
0.29 Miles

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

Ownership

Ownership information for 1118 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 1118 Madison Street, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
08/14/2007 $1,100,000 XXXX XXXXXXX XXXXXX XXX XXXXX XXXXXXXXXXX, XXX
08/20/2003 $415,000 XXXXX XXXXXXXXXXX, XXX XXXXX XXXXXXXXXXX, XXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/23/2018 - R
01/10/2018 - D		 Termination of Assign of L&R
(2018012200324002)		 XXXX XXXXXXX XXXXXX XXX XXXXXXX XXXX
01/23/2018 - R
01/10/2018 - D		 Satisfaction of Mortgage
(2018012200324001)		 XXXX XXXXXXX XXXXXX XXX XXXXXXX XXXX
12/05/2017 - R
11/28/2017 - D		 Assignment of Leases and Rents
(2017113000272002)		 XXXX XXXXXXX XXXXXX XXX XXXXXXXXXX XXXX
12/05/2017 - R
11/28/2017 - D		 Mortgage
(2017113000272001)		 XXXX XXXXXXX XXXXXX XXX XXXXXXXXXX XXXX
09/05/2007 - R
08/21/2007 - D		 Satisfaction of Mortgage
(2007082100276001)		 XXXXXX XXXXXXX XXXXXXX XXXX
10/31/2007 - R
08/14/2007 - D		 Assignment of Leases and Rents
(2007083100143004)		 XXXX XXXXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
10/31/2007 - R
08/14/2007 - D		 Mortgage and Consolidation
(2007083100143003)		 XXXX XXXXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
10/31/2007 - R
08/14/2007 - D		 Assignment, Mortgage
(2007083100143002)		 XXXXXX XXXXXXX XXXXXXX XXXX XXXXXXX XXXXXXX XXXXXXX XXXX XXXXXXXXXXX
10/31/2007 - R
08/14/2007 - D		 Deed
(2007083100143001)		 XXXXX XXXXXXXXXXX XXX XXXX XXXXXXX XXXXXX XXX
04/26/2004 - R
12/09/2003 - D		 Agreement
(2004011600692003)		 XXXXX XXXXXXXXXXX XXX XXXXXX XXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1118 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
$15,220
Municipal exemptions
Recent tax assessments
Market value
$2,045,000
Assessed value
$920,250

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 $1,704,000 $766,800 $122,356 12.439% $15,220 $15,220 +2.78%
2024/25 $1,419,600 $638,820 $118,465 12.5% $14,808 $14,808 +7.93%
2023/24 $1,183,000 $532,350 $109,743 12.502% $13,720 $13,720 +10.03%
2022/23 $986,000 $443,700 $101,650 12.267% $12,469 $12,469 +8.28%
2021/22 $789,000 $355,050 $94,120 12.235% $11,516 $11,516 -0.26%
2020/21 $864,000 $388,800 $94,120 12.267% $11,546 $11,546 +1.58%
2019/20 $914,400 $411,480 $91,127 12.473% $11,366 $11,366 +6.76%
2018/19 $1,143,000 $514,350 $84,418 12.612% $10,647 $10,647 +7.05%
2017/18 $1,079,000 $485,550 $78,192 12.719% $9,945 $9,945 +6.55%
2016/17 $863,000 $388,350 $72,400 12.892% $9,334 $9,334 +0.07%
Permits

Permit information for 1118 Madison Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
10/01/2015 Lblvio-low pressure boiler
01/19/2007 Ll6291-local law 62/91 - boilers
03/19/2003 Ll6291-local law 62/91 - boilers

*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
Linden St & Broadway at NW Corner
Station lines
J-Z
Distance (miles)
0.41
View subway map

Access the detailed traffic volume map for 1118 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

Neighbors for 1118 Madison Street, Brooklyn, NY

452 Central Ave, Brooklyn 462 Central Ave, Brooklyn 1120 Madison St, Brooklyn 460 Central Ave, Brooklyn 1108 Madison St, Brooklyn 1100 Madison St, Brooklyn 1090 Madison St, Brooklyn 1086 Madison St, Brooklyn 454 Central Ave, Brooklyn 468 Central Ave, Brooklyn 1092 Madison St, Brooklyn 1088 Madison St, Brooklyn 1104 Madison St, Brooklyn 1098 Madison St, Brooklyn 464 Central Ave, Brooklyn 1106 Madison St, Brooklyn 458 Central Ave, Brooklyn 456 Central Ave, Brooklyn 466 Central Ave, Brooklyn

Nearby ZIP codes for 1118 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 11217, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, 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 1118 Madison Street, Brooklyn, NY 11221?

The development at 1118 Madison Street, Brooklyn, NY 11221 was built in 1906.

What is the total square footage of 1118 Madison Street, Brooklyn, NY 11221?

1118 Madison Street, Brooklyn, NY 11221 has a total of 7,467 square feet.

When was 1118 Madison Street, Brooklyn, NY 11221 last sold and what was the sale price?

1118 Madison Street, Brooklyn, NY 11221 was last sold on 08/14/2007 for $1,100,000.

What is the assessed value of 1118 Madison Street, Brooklyn, NY 11221?

1118 Madison Street, Brooklyn, NY 11221 is currently assessed at $920,250.

What are the property taxes for 1118 Madison Street, Brooklyn, NY 11221?

The property taxes for 1118 Madison Street, Brooklyn, NY 11221 total $15,219.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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