198 Madison Street, Brooklyn
Two-family · built c. 1910 · Block 1822, Lot 47.
Building permits
- Alteration, filed May 16, 2024, estimated cost $149K, described as “Interior renovation of cellar, basement, 1ST, 2ND & 3RD floor of exist. 3 story building. Demolition work and construction work as per plan. Install new HVAC, partition, flooring, ceiling and painting throughout, no change in egress, use,…”
- Alteration, filed Jul 8, 2022, estimated cost $120K, described as “Provide temporary shoring and bracing along party-wall due to partial collapse of 200 Madison Street. and as directed by FDNY full vacate ordedr under DOB violation # 050922CERRJ01”
Property taxes
- Assessment
- $101,400
- 2026–27 tax
- $6,292
- Market value (city estimate)
- $1,690,000
- Taxable value
- $31,707
- Assessed land
- $14,700
- Assessed improvements
- $86,700
Zoning
R6B: floor area ratio 1.60 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 15, 2025: $3,100,000
- Apr 22, 2024: $1,385,000
Open-market sales since 2016, from the Department of Finance’s sales files.