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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
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Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229 2
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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
Estimated property tax $444,971

Lot & Building Information for 2425 Kings Highway, Brooklyn

Lot sq. ft. 51,000
Lot dimensions 266.58 ft x 302.67 ft
Property type Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sqft 135,000
Building dimensions 155 ft x 162 ft
Buildings on lot 2
Stories 6
Year built 1932
Frontage(s) Kings Highway (narrow)
East 24 Street (narrow)
Bedford Avenue (wide)
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Zoning & Use for 2425 Kings Highway, Brooklyn

Zoning
Residential units (DOF) 137
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


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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Floor area ratio (FAR) for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229, 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 Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229, including DOB violations, ECB violations, HPD violations and 311 complaints.

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

What is the year built & the total sq. ft. for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229?

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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Property owner name for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229
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Building contacts for Madison Gardens - 2425 Kings Highway, Brooklyn, NY 11229
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 2425 Kings Highway, Brooklyn

Create a free account to view the complete sales history for 2425 Kings Highway, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/05/2012 $260,000
11/03/2008 $170,000
12/05/2007 $287,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 2425 Kings Highway, 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
06/06/2022 - R UCC3 Continuation
(2022060600038001)
05/17/2019 - R UCC3 Termination
(2019051500158001)
06/23/2017 - R Initial UCC1
(2017062300318001)
06/15/2017 - D
06/28/2017 - R
Agreement
(2017062700763002)
06/15/2017 - D
06/28/2017 - R
Mortgage
(2017062700763001)
08/06/2012 - R Initial Coop UCC1
(2012080201321001)
07/05/2012 - D
07/23/2012 - R
Both RPTT and RETT
(2012071800931001)
09/27/2011 - D
11/21/2011 - R
Both RPTT and RETT
(2011101900969001)
10/02/2009 - R UCC3 Assignment
(2009092800633001)
11/03/2008 - D
11/06/2008 - R
Both RPTT and RETT
(2008110300829001)
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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:

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.

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
12/18/2014 Alteration type 2
02/06/2012 Alteration type 2
10/05/2011 Alteration type 2
08/10/2009 Alteration type 3
07/28/2009 Alteration type 3
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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.

Median Sale Price
$667,500
-20.3% YoY
Median Price/Sqft
$743
3.7% YoY
Brooklyn Median Sale Price
$885,000
2.5% YoY

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

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