174 Madison Steet, Brooklyn
Condominium · 4 units · built 2023 · Block 1822, Lot 7504.
Building permits
- Alteration, filed Sep 28, 2023, estimated cost $25K, described as “Filing for temporary supported scaffolding. No change in use, egress or occupancy.”
- Alteration, filed Sep 28, 2023, estimated cost $6K, described as “Filing for temporary sidewalk shed. No change in use, egress or occupancy.”
- Alteration, filed Apr 4, 2023, estimated cost $300K, described as “Proposed new 4-story with penthouse 4 unit residential building. Structural work in conjunction with alt 1 job # 321191571”
- Alteration, filed Sep 2, 2022, estimated cost $50K, described as “Excavation, shoring for new 4-story with penthouse 4 unit residential building . Soe work in conjunction with architectural job #321191571 and structural & foundation job #B00782909-I1.”
- Alteration, filed Aug 31, 2020, estimated cost $1K, described as “Install temporary fence for this new building application.”
Property taxes
- Assessment
- $562,501
- 2026–27 tax
- $48,342
- Market value (city estimate)
- $1,250,000
- Taxable value
- $471,071
- Assessed land
- $78,750
- Assessed improvements
- $483,751
- Condo units with their own tax lots
- 4
Tax breaks
- Co-op and condo abatement, with no end date, a $10,254 credit this tax year.
Zoning
R6B: floor area ratio 2.26 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
- Jul 18, 2025: $1,650,000, Apt 3B
- Apr 30, 2025: $1,462,500, Apt 3A
- Apr 23, 2025: $1,675,000, Apt 1
- Apr 10, 2025: $1,490,000, Apt 2
Open-market sales since 2016, from the Department of Finance’s sales files.