577 Madison Street, Brooklyn
Condominium · 6 units · built c. 1901 · Block 1640, Lot 7501.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $485,999
- 2026–27 tax
- $19,906
- Market value (city estimate)
- $1,080,000
- Taxable value
- $205,696
- Assessed land
- $7,200
- Assessed improvements
- $478,799
- Condo units with their own tax lots
- 6
Tax breaks
- Co-op and condo abatement, with no end date, a $5,680 credit this tax year.
Zoning
R6B: floor area ratio 2.36 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 28, 2019: $480,000, Apt 1A
- May 10, 2019: $935,000, Apt 2B
- Apr 29, 2019: $770,000, Apt 2A
- Oct 17, 2018: $415,000, Apt 4A
- Sep 20, 2018: $807,300, Apt 4B
- Sep 17, 2018: $915,406, Apt 1B
Open-market sales since 2016, from the Department of Finance’s sales files.