New York City  »  11229  »  Madison Pl  »  1851 Madison Pl

1851 Madison Place, Brooklyn, NY 11229 - Property report

Also known as: 1851 Garage Madison Pl

Property image for 1851 Madison Place, Brooklyn, NY 11229
static Mapbox map

Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Year built

1925

Lot sq. ft.

3,100

Sale price

$780,000

General information

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Address
Primary address
1851 Madison Place
Alternate address(es)
1851 Garage Madison Pl
ZIP code
11229
Neighborhood
Marine Park
Borough
Brooklyn
Block & lot
08473-0017

Owner

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Building
Property type
Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sq. ft.
1,795
Building dimensions
20 ft x 30 ft
Buildings on lot
2
Stories
3
Year built
1925
Building material
Frame
Exterior wall
Aluminum/Vinyl
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
01/31/2014
Sale price
$780,000
Tax
Tax year
2026-2027
Property tax
$9,315
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Madison Place (narrow)
Nearest wide street
Marine Parkway
Distance to wide street
Lot dimensions
31 ft x 100 ft
Lot sq. ft.
3,100

Area overview

Walk score
81 /100.  Very Walkable
Transit score
81 /100.  Excellent Transit
Bike score
68 /100.  Bikeable
School district
22
Community district
18
Closest police station
1.31 Miles
Closest fire station
0.48 Miles

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Ownership information for 1851 Madison Place, Brooklyn, NY

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

Sales history for 1851 Madison Place, Brooklyn, NY 11229

Sale date Sale price Buyer name Seller name
01/31/2014 $780,000 XXXXXXXXXX, XXXXXXX XXX XXXXXXXXXX, XXXXX XXXXXXXX, XXXXXX
02/19/2003 $169,000 XXXXXXXX, XXXXXX XXXXXXXX, XXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/02/2026 - R Initial UCC1
(2026032700684003)
XX XXXXXXXXXX XXXXXXXX XXX X X XXXXXXX XXX
04/02/2026 - R
03/15/2026 - D
Sundry Agreement
(2026032700684002)
XX XXXXXXXXXX XXXXXXXX XXX X X XXXXXXX XXX
04/02/2026 - R
03/15/2026 - D
Deed
(2026032700684001)
XXXXXXXXXX XXXXXXX XX XXXXXXXXXX XXXXXXXX XXX
10/14/2025 - R
09/10/2025 - D
Mortgage and Consolidation
(2025101300390001)
XXXXXXXXX XXXXX XXXXXX XXX
08/05/2024 - R
07/02/2024 - D
Mortgage and Consolidation
(2024080500465001)
XXXXXXXXXX XXXXXXX XXXXXX XXX
12/18/2023 - R
09/27/2023 - D
Mortgage
(2023121300965002)
XXXXXXXXXX XXXXXXX XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
12/18/2023 - R
09/27/2023 - D
Mortgage and Consolidation
(2023121300965001)
XXXXXXXXXX XXXXXXX XXXXXX XXX
05/16/2023 - R
03/02/2023 - D
Mortgage
(2023051600164002)
XXXXXXXXXX XXXXXXX XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
05/16/2023 - R
03/02/2023 - D
Mortgage and Consolidation
(2023051600164001)
XXXXXXXXXX XXXXXXX XXXXXX XXX
09/27/2018 - R
09/10/2018 - D
Assignment, Mortgage
(2018092601150001)
XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX XXX XXXX XXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1851 Madison Place, 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
$9,315
Municipal exemptions
Recent tax assessments
Market value
$1,214,000
Assessed value
$72,840

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 $1,226,000 $73,560 $46,937 19.843% $9,314 $9,314 +3.19%
2024/25 $1,018,000 $61,080 $44,940 20.085% $9,026 $9,026 +6.00%
2023/24 $1,115,000 $66,900 $42,398 20.085% $8,516 $8,516 +1.59%
2022/23 $1,054,000 $63,240 $41,274 20.309% $8,382 $8,382 +7.33%
2021/22 $1,156,000 $69,360 $39,122 19.963% $7,810 $7,810 -5.12%
2020/21 $1,040,000 $62,400 $39,114 21.045% $8,232 $8,232 +3.84%
2019/20 $916,000 $54,960 $37,450 21.167% $7,927 $7,927 +7.25%
2018/19 $781,000 $46,860 $35,332 20.919% $7,391 $7,391 +5.42%
2017/18 $826,000 $49,560 $34,395 20.385% $7,011 $7,011 +7.58%
2016/17 $680,000 $40,800 $32,602 19.991% $6,517 $6,517 +2.26%

Permit information for 1851 Madison Place, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
-
Station lines
B-Q
Distance (miles)
0.976

Access the detailed traffic volume map for 1851 Madison Place, 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. 222 Katherine R Snyder 8 Yes Public K-5 673 0.33
Marine Park Day School NR No Private PK, 2, 4 0 0.29
Marine Park Day School NR No Private PK, 2, 4 0 0.29
Good Shepherd School NR No Private PK-8 258 0.32
Good Shepherd School NR No Private PK-8 258 0.32
Yeshiva Ahavas Torah NR No Private PK-8 160 0.35
P.S. 207 Elizabeth G Leary 8 No Public PK, K-8 896 0.56
P.S. 207 Elizabeth G Leary 8 No Public PK, K-8 896 0.56
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 278 Marine Park 7 Yes Public 6-8 1,076 0.15
Good Shepherd School NR No Private PK-8 258 0.32
Yeshiva Ahavas Torah NR No Private PK-8 160 0.35
Ha'or Beacon School NR No Private 1-8 50 0.47
Yeshiva Derech Hatorah NR No Private PK-11 254 0.55
P.S. 207 Elizabeth G Leary 8 No Public PK, K-8 896 0.56
Sarah Dabah School NR No Private PK, K-8 93 0.62
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 0.50
Yeshiva Ohr Yisrael NR No Private 9-12 54 0.37
Yeshiva Ohr Yisrael NR No Private 9-12 54 0.43
Yeshiva Derech Hatorah NR No Private PK-11 254 0.55
Zvi Dov Roth Academy Of Yeshiva Rambam NR No Private 9-12 67 0.68
Lev Bais Yaakov NR No Private K-12 599 0.85

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

Frequently asked questions

What is the year built for 1851 Madison Place, Brooklyn, NY 11229?

The development at 1851 Madison Place, Brooklyn, NY 11229 was built in 1925.

What is the total square footage of 1851 Madison Place, Brooklyn, NY 11229?

1851 Madison Place, Brooklyn, NY 11229 has a total of 1,795 square feet.

When was 1851 Madison Place, Brooklyn, NY 11229 last sold and what was the sale price?

1851 Madison Place, Brooklyn, NY 11229 was last sold on 01/31/2014 for $780,000.

What is the assessed value of 1851 Madison Place, Brooklyn, NY 11229?

1851 Madison Place, Brooklyn, NY 11229 is currently assessed at $72,840.

What are the property taxes for 1851 Madison Place, Brooklyn, NY 11229?

The property taxes for 1851 Madison Place, Brooklyn, NY 11229 total $9,315.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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