New York City  »  11229  »  Kings Hwy  »  2425 Kings Hwy

Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 - Property report

Also known as: 1511 E 24th St

Property image for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1932

Lot sq. ft.

51,000

Sale price

$260,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Madison Gardens
Primary address
Madison Gardens - 2425 Kings Highway
Alternate address(es)
1511 E 24th St
1525-1551 E 24th St
2401-2431 Kings Hwy
Show all
ZIP code
11229
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
06771-0013

Owner

Find out who owns Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
135,000
Building dimensions
155 ft x 162 ft
Buildings on lot
2
Stories
6
Year built
1932
Sales
Sale date
07/05/2012
Sale price
$260,000 - M
Tax
Tax year
2026-2027
Property tax
$440,056
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
137
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Bedford Avenue (wide)
East 24 Street (narrow)
Kings Highway (wide)
Distance to wide street
Lot dimensions
266.58 ft x 302.67 ft
Lot sq. ft.
51,000

Area overview

Walk score
89 /100.  Very Walkable
Transit score
88 /100.  Excellent Transit
Bike score
0 /100.  Minimal Bike Infrastructure
School district
22
Community district
14
Closest police station
1.06 Miles
Closest fire station
0.52 Miles

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

Units for Madison Gardens - 2425 Kings Highway, Brooklyn, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 13
Unit 137 10/11/2012
Unit 1A
Unit 24E 07/15/2022
Unit 3C
Unit A1
Unit A16 12/14/2016
Unit A17 10/26/2007
Unit A18
Unit A19 09/14/2012 850
Unit A23 04/27/2022
Unit A5
Unit B10 06/27/2018
Unit B1
Unit B11
Unit B14
Unit B16 03/03/2010
Unit B17 05/29/2007
Unit B18 02/15/2018 1,300
Unit B19 12/23/2020 900
Unit B2 09/27/2011
Unit B22 07/05/2012 1,100
Unit B24
Unit B3 01/03/2017
Unit B4 10/25/2017
Unit B5 03/01/2006
Unit B8,PK
Unit B8,PK
Unit B8 03/07/2007
Unit C14 04/13/2018
Unit C20
Unit C2
Unit C23 10/02/2017
Unit C3 01/07/2025 870
Unit C5 02/22/2015
Unit C6
Unit C7 06/27/2023
Unit D14 03/23/2017
Unit D15 08/24/2023
Unit D17 11/03/2008
Unit D19,PK13 05/17/2019
Unit D19,PK13
Unit D19
Unit D20 01/10/2017
Unit D2 10/21/2020
Unit D22
Unit D23 09/07/2018
Unit D27
Unit D5 07/13/2022
Unit D7 07/02/2007
Unit D9 11/01/2016
Unit E10 06/18/2021
Unit E1 11/22/2004
Unit E14
Unit E16 01/23/2024
Unit E20 07/06/2017
Unit E22 08/29/2019
Unit E24 11/21/2016
Unit E4 05/16/2017
Unit E8-E9 08/24/2023
Unit E8 01/03/2008
Unit E9 01/03/2008
Unit F18 09/16/2025
Unit F5 07/13/2018
Unit F8,F9
Unit F8
Unit F9 05/31/2005
Unit PK13
Unit PK13
Unit PK15
Unit PK15
Unit PK26 06/26/2013
Unit PK26
Unit PK27 06/26/2013
Unit PK27
Unit PK6
Ownership

Ownership information for Madison Gardens - 2425 Kings Highway, Brooklyn, NY

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

Sales history for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229

Sale date Sale price Buyer name Seller name
07/05/2012 $260,000 XXXXXXXXX, XXXX XXX XXXXXXXXX, XXXXXXXX XXXXX, XXXXX
11/03/2008 $170,000 XXXXXXXXX, XXXXXXX XXXXXXXX, XXXXXXX
12/05/2007 $287,000 XXXXXXXX, XXXXX XXX XXXXXXXX, XXXXXXX XXXXXXX, XXXXXXX XXX XXXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/06/2022 - R UCC3 Continuation
(2022060600038001)		 XXXX XXXXX XXX XXXXXX XXXX XXXXXXX XXXX
05/17/2019 - R UCC3 Termination
(2019051500158001)		 XXXXXXX XXXXXXX XXX XXXX XX XX
06/23/2017 - R Initial UCC1
(2017062300318001)		 XXXX XXXXX XXX XXXXXX XXXX XXXXXXX XXXX
06/28/2017 - R
06/15/2017 - D		 Agreement
(2017062700763002)		 XXXX XXXXX XXX XXXXXX XXXX XXXXXXX XXXX
06/28/2017 - R
06/15/2017 - D		 Mortgage
(2017062700763001)		 XXXX XXXXX XXX XXXXXX XXXX XXXXXXX XXXX
08/06/2012 - R Initial Coop UCC1
(2012080201321001)		 XXXX XXXXXXX XXXXX XXXXXXXX XXXXXXXX XXX XXX XXXXX XXXXX XXX
07/23/2012 - R
07/05/2012 - D		 Both RPTT and RETT
(2012071800931001)		 XXXXX XXXXX XXXXXXXXX XXXX
11/21/2011 - R
09/27/2011 - D		 Both RPTT and RETT
(2011101900969001)		 XXXXXXX XXXXXX XXXXXXXX XXXXXXX X XXXXXX XXXXXXX
10/02/2009 - R UCC3 Assignment
(2009092800633001)		 XXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXX
11/06/2008 - R
11/03/2008 - D		 Both RPTT and RETT
(2008110300829001)		 XXXXXXXX XXXXXXX XXXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Madison Gardens - 2425 Kings Highway, 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
$440,056
Municipal exemptions
Recent tax assessments
Market value
$9,696,000
Assessed value
$4,363,200

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 $9,306,000 $4,187,700 $3,701,001 12.439% $469,310 $413,306 +2.92%
2024/25 $9,141,000 $4,113,450 $3,576,213 12.5% $456,491 $401,569 +4.46%
2023/24 $8,474,000 $3,813,300 $3,459,386 12.502% $442,927 $384,416 +4.60%
2022/23 $8,131,000 $3,658,950 $3,324,640 12.267% $418,118 $367,494 +12.25%
2021/22 $6,869,000 $3,091,050 $3,005,433 12.235% $378,190 $327,375 -14.35%
2020/21 $7,962,000 $3,582,900 $3,115,852 12.267% $394,713 $382,222 +5.11%
2019/20 $7,929,000 $3,568,050 $2,915,465 12.473% $376,162 $363,646 +6.33%
2018/19 $6,981,000 $3,141,450 $2,711,576 12.612% $357,891 $341,984 +5.00%
2017/18 $6,778,000 $3,050,100 $2,560,733 12.719% $339,120 $325,700 +5.96%
2016/17 $6,102,000 $2,745,900 $2,384,304 12.892% $322,964 $307,384 +6.59%
Permits

Permit information for Madison Gardens - 2425 Kings Highway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/31/2025 Alteration
07/26/2022 Alteration
08/21/2019 Alteration
12/19/2014 Alteration type 2
12/18/2014 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
06/05/2026 A
06/05/2026 C
03/31/2026 A

*Most recent HPD violations on record for this property.

Neighborhood

Madison residential market stats

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

Median sale price

$930,000

63.2% Y-o-Y

Median price/sq. ft.

$681

37% Y-o-Y

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
15th St & Kings Hwy at NE Corner
Station lines
B-Q
Distance (miles)
0.513
View subway map

Access the detailed traffic volume map for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 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. 197 The Kings Highway Academy 6 Yes Public PK, K-5 963 0.11
P.S. 197 The Kings Highway Academy 6 Yes Public PK, K-5 963 0.11
Bais Uvi Grieding NR No Private PK, K-4 50 0.17
Bais Uvi Grieding NR No Private PK, K-4 50 0.17
Ha'or Beacon School NR No Private 1-8 50 0.27
Yeshiva Derech Hatorah NR No Private PK-11 254 0.27
Yeshiva Derech Hatorah NR No Private PK-11 254 0.27
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Andries Hudde School 3 Yes Public 6-8 423 0.75
Ha'or Beacon School NR No Private 1-8 50 0.27
Yeshiva Derech Hatorah NR No Private PK-11 254 0.27
Yeshiva Ahavas Torah NR No Private PK-8 160 0.32
Reach For The Stars Learning Center NR No Private 24 0.33
Yeshiva Toras Emes Kaminetz Elementary School NR No Private PK, K-8 281 0.34
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
James Madison High School 5 Yes Public 9-12 3,630 0.20
Yeshiva Derech Hatorah NR No Private PK-11 254 0.27
Yeshiva Ohr Yisrael NR No Private 9-12 54 0.30
Yeshiva Ohr Yisrael NR No Private 9-12 54 0.32
Reach For The Stars Learning Center NR No Private 24 0.33
Shaare Torah High School-Girls NR No Private PK, K-12 0 0.48

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for Madison Gardens - 2425 Kings Highway, Brooklyn, NY

3692 Bedford Ave, Brooklyn 3620 Bedford Ave, Brooklyn 2316 Avenue O, Brooklyn 1513 E 23rd St, Brooklyn 1521 E 23rd St, Brooklyn 2405 Avenue P, Brooklyn 2410 Kings Hwy, Brooklyn 2404 Avenue O, Brooklyn 1523 E 23rd St, Brooklyn 2424 Kings Hwy, Brooklyn 2414 Kings Hwy, Brooklyn 1517 E 23rd St, Brooklyn 1525 E 23rd St, Brooklyn 1531 E 23rd St, Brooklyn 1515 E 23rd St, Brooklyn 2421 Avenue P, Brooklyn 2417 Avenue P, Brooklyn 2411 Avenue P, Brooklyn 2401 Avenue P, Brooklyn 1581 E 24th St, Brooklyn

Nearby ZIP codes for Madison Gardens - 2425 Kings Highway, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11234, New York City, NY 11235, New York City, NY 11236, New York City, NY 11239, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229?

The development at Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 was built in 1932.

What is the total square footage of Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229?

Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 has a total of 135,000 square feet.

When was Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 last sold and what was the sale price?

Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 was last sold on 07/05/2012 for $260,000.

What is the assessed value of Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229?

Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 is currently assessed at $4,363,200.

What are the property taxes for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229?

The property taxes for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 total $486,800.

How many residential units does this building have?

This building has 137 residential unit(s).

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