# 637 Madison Street, Brooklyn

Condominium · 8 units · built 2022 · Block 1641, Lot 7502.

On Umarelli: https://umarelli.org/nyc/3016417502/637-madison-street

More construction in Bedford-Stuyvesant: https://umarelli.org/nyc/brooklyn/bedford-stuyvesant.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $775,352
- 2026–27 tax: $65,144
- Market value (city estimate): $1,723,000
- Taxable value: $622,545
- Assessed land: $87,751
- Assessed improvements: $687,601
- Condo units with their own tax lots: 8

## Tax breaks

- Co-op and condo abatement, with no end date, a $12,294 credit this tax year.

## Zoning

R6B: floor area ratio 2.29 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 17, 2025: $695,000, Apt 2R
- Mar 14, 2025: $785,000, Apt 4F
- Oct 25, 2024: $545,000, Apt 1F
- Sep 12, 2024: $889,000, Apt 1R
- Sep 6, 2024: $599,000, Apt 2F
- Aug 5, 2024: $649,000, Apt 3F
- Jul 30, 2024: $695,000, Apt 2R
- Jul 25, 2024: $640,000, Apt 3R
- Jul 25, 2024: $819,000, Apt 4R

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Permits Filed for 637 Madison Street in Bed-Stuy, Brooklyn](https://newyorkyimby.com/2022/08/permits-filed-for-637-madison-street-in-bed-stuy-brooklyn.html), New York YIMBY, Aug 29, 2022.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology