387 Madison Street, Brooklyn
Two-family · built c. 1910 · Block 1820, Lot 63.
Building permits
- Alteration, filed May 26, 2021, estimated cost $51K, described as “Provide plumbing system throughout the four-story with cellar building.”
- Alteration, filed Mar 3, 2021, estimated cost $526K, described as “Convert existing four (4) dwelling units to two (2) dwelling units. Interior renovation on cel, bas, 001-003 fl.”
Property taxes
- Assessment
- $155,160
- 2026–27 tax
- $13,076
- Market value (city estimate)
- $2,586,000
- Taxable value
- $65,895
- Assessed land
- $16,380
- Assessed improvements
- $138,780
Zoning
R6B: floor area ratio 2.08 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
- Apr 22, 2022: $3,199,000
- Apr 9, 2021: $1,250,000
Open-market sales since 2016, from the Department of Finance’s sales files.