488 Madison Street, Brooklyn
Condominium · 2 units · built c. 1901 · Block 1644, Lot 7503.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $195,600
- 2026–27 tax
- $12,380
- Market value (city estimate)
- $3,260,000
- Taxable value
- $62,388
- Assessed land
- $23,280
- Assessed improvements
- $172,320
- Condo units with their own tax lots
- 2
Zoning
R6B: floor area ratio 2.66 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
- May 23, 2019: $925,000, Apt 1
- Nov 27, 2018: $1,595,000, Apt 2
Open-market sales since 2016, from the Department of Finance’s sales files.