Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 Property Information
Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Building name | Madison Gardens |
| Primary address | Madison Gardens - 2425 Kings Highway |
| Secondary address | 1511 E 24th St |
| Neighborhood | Midwood |
| Zip code | 11229 |
| Borough | Brooklyn |
| Block & lot | 06771-0013 |
Sales & Tax Overview for 2425 Kings Highway, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 07/05/2012 |
| Purchase price | $260,000 |
| Tax class | Register |
| Estimated property tax | $444,971 |
Lot & Building Information for 2425 Kings Highway, Brooklyn
| Lot sq. ft. | 51,000 |
| Lot dimensions | |
| Property type | Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
|
| Building sqft | 135,000 |
| Building dimensions | |
| Buildings on lot | 2 |
| Stories | 6 |
| Year built | 1932 |
| Frontage(s) | Kings Highway (narrow) East 24 Street (narrow) Bedford Avenue (wide) |
Area Overview
| School district | 22 |
| Community district | 14 |
| Closest police station | 1.06 Miles |
| Closest fire station | 0.52 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 2425 Kings Highway, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 1511 E 24th St, Brooklyn, NY 11229
- 1525-1551 E 24th St, Brooklyn, NY 11229
- 3636-3648 Bedford Ave, Brooklyn, NY 11229
- 2401-2431 Kings Hwy, Brooklyn, NY 11229
About 2425 Kings Highway, Brooklyn
Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 was built in 1932 and has a total of 135,000 square feet.
What is the assessed value of Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 and the property tax paid?Assessed at $4,187,700, the tax amount paid for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 is $460,367. For the next year, the tax amount for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 is estimated at $444,971.
When was Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 last sold and what was the last sale price?Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 was last sold in 07/05/2012 for $260,000.
How many residential units does this building have?This building has 137 residential unit(s).
Ownership Information for 2425 Kings Highway, Brooklyn
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Past Sales & Property History for 2425 Kings Highway, Brooklyn
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*Here are the three most recent sales for this property.
Title Documents for 2425 Kings Highway, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 2425 Kings Highway, Brooklyn
Access detailed property tax data for Madison Gardens - Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $413,542 |
| Estimated property tax: | $444,971 |
| Tax assessor's market value: | $9,306,000 |
| Assessed value: | $4,187,700 |
| Exemptions granted by city: | Register |
Assessment History for 2425 Kings Highway, Brooklyn
Here's the assessment & property tax history for 2425 Kings Highway, 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 | $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% |
Permits for 2425 Kings Highway, Brooklyn
The complete history of permits filed for 2425 Kings Highway, 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.
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Midwood Residential Market Stats
Access a detailed real estate market overview of Midwood so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Midwood and compare it to other neighborhoods in Brooklyn.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 5 (See more on map) |
Transportation
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Distance to Subway
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| Closest station | 15th St & Kings Hwy at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | B-Q | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.513 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Kings Hy/Bedford Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.031 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schools
Nearest elementary schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| 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 |
Nearest middle schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| 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 |
Nearest high schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| 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 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 2425 Kings Highway, Brooklyn
Here are the neighbors for Madison Gardens - Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 3692 Bedford Ave, Brooklyn | 76,422 | 01/10/2007 | $820,713 |
| 3620 Bedford Ave, Brooklyn | 62,000 | 12/29/2023 | |
| 2316 Avenue O, Brooklyn | 1,955 | 12/26/1980 | |
| 1513 E 23rd St, Brooklyn | 1,280 | 06/21/2022 | $170,000 |
| 1521 E 23rd St, Brooklyn | 1,280 | 03/05/2026 | $899,000 |
| 2405 Avenue P, Brooklyn | 3,078 | 01/15/2014 | |
| 2410 Kings Hwy, Brooklyn | 52,200 | 03/29/1999 | |
| 2404 Avenue O, Brooklyn | 3,052 | 05/13/1966 | |
| 1523 E 23rd St, Brooklyn | 1,280 | 06/11/2019 | |
| 2424 Kings Hwy, Brooklyn | 37,800 | 09/22/1989 | |
| 2414 Kings Hwy, Brooklyn | 3,795 | 08/22/2017 | $1,150,000 |
| 1517 E 23rd St, Brooklyn | 1,280 | 12/01/2017 | |
| 1525 E 23rd St, Brooklyn | 1,280 | 09/13/2010 | $472,000 |
| 1531 E 23rd St, Brooklyn | 1,280 | 10/23/2025 | $880,000 |
| 1515 E 23rd St, Brooklyn | 1,280 | 02/22/2021 | $765,000 |
| 2421 Avenue P, Brooklyn | 3,087 | 07/07/2022 | $1,350,000 |
| 2417 Avenue P, Brooklyn | 2,943 | 02/28/2019 | |
| 2411 Avenue P, Brooklyn | 2,943 | 07/12/2022 | $1,224,000 |
| 2401 Avenue P, Brooklyn | 3,123 | 02/07/2019 | $975,000 |
| 1581 E 24th St, Brooklyn | 22,000 | 01/02/2012 |