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1388 Madison Street, Brooklyn, NY 11237 Property Information

1388 Madison Street, Brooklyn, NY 11237 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1388 Madison Street, Brooklyn, NY 11237 1
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Address

Primary address 1388 Madison Street
Neighborhood Bushwick
Zip code 11237
Borough Brooklyn
Block & lot 03371-0016

Sales & Tax Overview for 1388 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 05/31/2018
Purchase price $1,325,000
Tax class
Estimated property tax $5,075

Lot & Building Information for 1388 Madison Street, Brooklyn

Lot sqft 2,000
Lot dimensions 20 ft x 100 ft
Building class Three Families (C0) i
Building sqft 2,200
Building dimensions 20 ft x 55 ft
Buildings on lot 1
Stories 2
Structure type Row
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1910
Frontage(s) Madison Street (narrow)
Nearest wide street Myrtle Avenue
Distance to wide street
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Zoning & Use for 1388 Madison Street, Brooklyn

Zoning
Residential units (DOF) 3
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4
Closest police station 0.37 Miles
Closest fire station 0.22 Miles

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

Other Property Data for 1388 Madison Street, Brooklyn

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Floor area ratio (FAR) for 1388 Madison Street, Brooklyn, NY 11237, 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 1388 Madison Street, Brooklyn, NY 11237, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 1388 Madison Street, Brooklyn

What is the year built & the total sq. ft. for 1388 Madison Street, Brooklyn, NY 11237?

1388 Madison Street, Brooklyn, NY 11237 was built in 1910 and has a total of 2,200 square feet.

What is the assessed value of 1388 Madison Street, Brooklyn, NY 11237 and the property tax paid?

Assessed at $57,780, the tax amount paid for 1388 Madison Street, Brooklyn, NY 11237 is $5,075. For the next year, the tax amount for 1388 Madison Street, Brooklyn, NY 11237 is estimated at $5,075.

When was 1388 Madison Street, Brooklyn, NY 11237 last sold and what was the last sale price?

1388 Madison Street, Brooklyn, NY 11237 was last sold in 05/31/2018 for $1,325,000.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 1388 Madison Street, Brooklyn

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Property owner name for 1388 Madison Street, Brooklyn, NY 11237
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Building contacts for 1388 Madison Street, Brooklyn, NY 11237
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 1388 Madison Street, Brooklyn

Create a free account to view the complete sales history for 1388 Madison Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/31/2018 $1,325,000

Title Documents for 1388 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
05/31/2018 - D
06/11/2018 - R
Mortgage
(2018060500653002)
05/31/2018 - D
06/11/2018 - R
Deed
(2018060500653001)
05/10/2011 - D
07/15/2011 - R
Life Estate Deed
(2011061001062001)
11/29/2004 - D
04/18/2005 - R
Deed
(2005040601267001)
04/23/2002 - D
05/06/2002 - R
Deed
(3470008404247)
04/20/1990 - R Satisfaction of Mortgage
(3890001533489)
06/17/1982 - R Deed
(3970000914897)
04/02/1973 - R Deed
(37330062301441)
04/22/1969 - R Assignment, Mortgage
(36930032801428)
04/22/1969 - R Mortgage
(36930032801423)
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R: Recorded date
D: Document date

Property Taxes for 1388 Madison Street, Brooklyn

Access detailed property tax data for 1388 Madison Street, Brooklyn, NY 11237. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $5,076
Estimated property tax: $5,075
Tax assessor's market value: $963,000
Assessed value: $57,780

Assessment History for 1388 Madison Street, Brooklyn

Here's the assessment & property tax history for 1388 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 $963,000 $57,780 $25,580 19.843% $5,076 $5,076 -0.21%
2024/25 $1,133,000 $67,980 $25,326 20.085% $5,087 $5,087 +6.00%
2023/24 $1,001,000 $60,060 $23,893 20.085% $4,799 $4,799 +4.68%
2022/23 $909,000 $54,540 $22,572 20.309% $4,584 $4,584 +7.71%
2021/22 $944,000 $56,640 $21,317 19.963% $4,256 $4,256 -5.13%

Permits for 1388 Madison Street, Brooklyn

The complete history of permits filed for 1388 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.

No recorded permits for this property.

Bushwick Residential Market Stats

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

Median Sale Price
$775,000
-0.9% YoY
Median Price/Sqft
$921
2.3% 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 Palmetto St & Wycoff Ave at NE Corner
Station lines L-M
Distance (miles) 0.137
View subway map
Bus Routes
Name Ridgewood Pl/Madison St
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. 106 Edward Everett Hale 2 Yes Public PK, K-5 356 0.29
P.S. 106 Edward Everett Hale 2 Yes Public PK, K-5 356 0.29
Bushwick Ascend Charter School 7 No Charter K-8 799 0.27
Robert E Peary School NR No Public PK, K-9 572 0.29
Robert E Peary School NR No Public PK, K-9 572 0.29

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 291 Roland Hayes 3 Yes Public 6-8 267 0.28
All City Leadership Secondary School 8 No Public 6-12 421 0.15
Bushwick Ascend Charter School 7 No Charter K-8 799 0.27
Robert E Peary School NR No Public PK, K-9 572 0.29
St. Brigid School NR No Private PK-8 228 0.30

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Bushwick School for Social Justice 2 No Public 9-12 272 0.10
Academy Of Urban Planning 5 No Public 9-12 403 0.10
Academy for Environmental Leadership 2 No Public 9-12 275 0.10
Brooklyn School For Math And Research NR No Public 9-12 333 0.10
All City Leadership Secondary School 8 No Public 6-12 421 0.15

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 1388 Madison Street, Brooklyn

Here are the neighbors for 1388 Madison Street, Brooklyn, NY 11237.

Address Square feet Purchase date Purchase price
1497 Putnam Ave, Brooklyn 3,300 02/16/1971
1382 Madison St, Brooklyn 2,700 09/18/2020 $1,300,000
1372 Madison St, Brooklyn 2,700 08/11/2005 $545,000
1394 Madison St, Brooklyn 3,300 05/16/2023 $1,225,000
399 Irving Ave, Brooklyn 3,300 02/10/2010
1400 Madison St, Brooklyn 1,600 08/10/2011 $275,000
1370 Madison St, Brooklyn 2,700 04/25/2000
1386 Madison St, Brooklyn 2,200 05/11/2005 $435,000
1390 Madison St, Brooklyn 3,300 09/16/2016 $1,250,000
1402 Madison St, Brooklyn 1,600 04/19/2006 $153,000
1392 Madison St, Brooklyn 3,300 05/07/2002
1505 Putnam Ave, Brooklyn 2,750 04/11/2006 $593,600
1368 Madison St, Brooklyn 2,700 04/03/1992
1503 Putnam Ave, Brooklyn 3,300 03/13/2015
1501 Putnam Ave, Brooklyn 3,300 04/01/2019 $690,000
1499 Putnam Ave, Brooklyn 3,300 01/31/1991
1384 Madison St, Brooklyn 3,850 08/29/2016
1378 Madison St, Brooklyn 2,700 06/15/2018
1376 Madison St, Brooklyn 2,700 10/09/2002
401 Irving Ave, Brooklyn 3,300 06/18/2025 $1,180,000
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