586 Madison Street, Brooklyn
Apartment building · 5 units · built c. 1931 · Block 1645, Lot 13.
Building permits
- Alteration, filed Oct 6, 2022, estimated cost $175K, described as “Interior renovation and conversion of existing class"B" apartment building to class "A" apartment building. No change in bulk or egress.”
- Alteration, filed Oct 6, 2022, estimated cost $28K, described as “Replacement of all existing Plumbing Fixtures on existing roughing in basement, 1st, 2nd and 3rd floors, removal of 8-Gas ranges and install 8-electric ranges and 8-electric water heaters at exist 8-apart building in conjunction with Alt…”
Property taxes
- Assessment
- $251,550
- 2026–27 tax
- $8,150
- Market value (city estimate)
- $559,000
- Taxable value
- $65,520
- Assessed land
- $13,050
- Assessed improvements
- $238,500
Zoning
R6B: floor area ratio 1.35 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.