Kings  »  11221  »  Madison St  »  982 Madison St

982 Madison Street, Brooklyn, NY 11221 - Property report

Also known as: 982 Madison St

Property image for 982 Madison Street, Brooklyn, NY 11221
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Property type

Elevator Apartment - Fireproof without Stores (D3)

Year built

2017

Lot sq. ft.

5,625

Sale price

$2,500,000

General information

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Address
Primary address
982 Madison Street
Alternate address(es)
984 Madison St
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03366-0028

Owner

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Building
Property type
Elevator Apartment - Fireproof without Stores (D3)
Building sq. ft.
14,745
Buildings on lot
1
Stories
5
Year built
2017
Building material
Sales
Sale date
07/13/2016
Sale price
$2,500,000 - M
Tax
Tax year
2026-2027
Property tax
$697
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
18
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
56.25 ft x 100 ft
Lot sq. ft.
5,625

Area overview

Walk score
88 /100.  Very Walkable
Transit score
95 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.28 Miles
Closest fire station
0.54 Miles

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

Ownership

Ownership information for 982 Madison Street, Brooklyn, NY

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

Sales history for 982 Madison Street, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
07/13/2016 $2,500,000 XXX XXXXXXX XXXXX XXX XXX XXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/22/2026 - R UCC3 Assignment
(2026042100861009)		 XXX XXXXXXX XXXXX XXX XXX XXXXXXXXXX XXX
04/22/2026 - R UCC3 Assignment
(2026042100861006)		 XXX XXXXXXX XXXXX XXX XXX XXX X XXX
04/22/2026 - R UCC3 Assignment
(2026042100861003)		 XXX XXXXXXX XXXXX XXX XXX XXXXXXXXXX XXX
04/22/2026 - R
02/12/2026 - D		 Asgn of Asgn of L&R
(2026042100861008)		 XXX XXXXXXXXXX XXX XX XXXXXXX XXX XXX XXXXXXX XX XXX XXXXXXXXXX
04/22/2026 - R
02/12/2026 - D		 Assignment, Mortgage
(2026042100861007)		 XXX XXXXXXXXXX XXX XX XXXXXXX XXX XXX XXXXXXX XX XXX XXXXXXXXXX
04/22/2026 - R
02/12/2026 - D		 Asgn of Asgn of L&R
(2026042100861005)		 XXX XXX X XXX XXX XXXXXXXXXX XXX
04/22/2026 - R
02/12/2026 - D		 Assignment, Mortgage
(2026042100861004)		 XXX XXX X XXX XXX XXXXXXXXXX XXX
12/19/2025 - R
12/16/2025 - D		 Satisfaction of Mortgage
(2025121600757001)		 XXX XXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXXX
12/03/2025 - R UCC3 Termination
(2025120200933001)		 XXX XXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXXX
12/04/2025 - R
12/01/2025 - D		 Termination of Assign of L&R
(2025120200111001)		 XXX XXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 982 Madison Street, 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
$697
Municipal exemptions
Recent tax assessments
Market value
$2,807,000
Assessed value
$1,263,150

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 $2,755,000 $1,239,750 $5,605 12.439% $140,454 $697 -0.49%
2024/25 $2,673,000 $1,202,850 $5,605 12.5% $139,084 $701 -0.02%
2023/24 $2,492,000 $1,121,400 $5,605 12.502% $132,182 $701 +1.92%
2022/23 $2,350,000 $1,057,500 $5,605 12.267% $124,901 $688 -99.43%
2021/22 $2,276,000 $1,024,200 $991,782 12.235% $121,345 $121,345 +1.91%
2020/21 $2,572,000 $1,157,400 $970,686 12.267% $119,074 $119,074 +174.13%
2019/20 $829,600 $373,320 $348,251 12.473% $43,437 $43,437 +361.11%
2018/19 $274,000 $123,300 $74,692 12.612% $9,420 $9,420 +413.95%
2017/18 $91,000 $40,950 $17,433 10.514% $1,833 $1,833 +77.89%
2016/17 $86,000 $38,700 $9,744 10.574% $1,030 $1,030 +110.35%
Permits

Permit information for 982 Madison Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/13/2019 Alteration
09/17/2019 Alteration
03/26/2019 Subdivision: condo
09/12/2018 Alteration
08/08/2018 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
12/01/2021 E-elevator
10/23/2020 E-elevator

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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
-

Subway & traffic

Closest station
Linden St & Broadway at NW Corner
Station lines
J-Z
Distance (miles)
0.244
View subway map

Access the detailed traffic volume map for 982 Madison Street, Brooklyn, NY 11221 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

Neighbors for 982 Madison Street, Brooklyn, NY

1167 Putnam Ave, Brooklyn 429 Wilson Ave, Brooklyn 328 Palmetto St, Brooklyn 647 Knickerbocker Ave, Brooklyn 1258 Madison St, Brooklyn 976 Madison St, Brooklyn 960 Madison St, Brooklyn 435 Wilson Ave, Brooklyn 1297 Putnam Ave, Brooklyn 332 Palmetto St, Brooklyn 1114 Madison St, Brooklyn 336 Palmetto St, Brooklyn 330 Palmetto St, Brooklyn 1239 A Putnam Ave, Brooklyn 974 Madison St, Brooklyn 962 Madison St, Brooklyn 334 Palmetto St, Brooklyn

Nearby ZIP codes for 982 Madison Street, Brooklyn, NY

11101, New York City, NY 11104, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 982 Madison Street, Brooklyn, NY 11221?

The development at 982 Madison Street, Brooklyn, NY 11221 was built in 2017.

What is the total square footage of 982 Madison Street, Brooklyn, NY 11221?

982 Madison Street, Brooklyn, NY 11221 has a total of 14,745 square feet.

When was 982 Madison Street, Brooklyn, NY 11221 last sold and what was the sale price?

982 Madison Street, Brooklyn, NY 11221 was last sold on 07/13/2016 for $2,500,000.

What is the assessed value of 982 Madison Street, Brooklyn, NY 11221?

982 Madison Street, Brooklyn, NY 11221 is currently assessed at $1,263,150.

What are the property taxes for 982 Madison Street, Brooklyn, NY 11221?

The property taxes for 982 Madison Street, Brooklyn, NY 11221 total $697.

How many residential units does this building have?

This building has 18 residential unit(s).

Disclaimer

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