# 174 Madison Steet, Brooklyn

Condominium · 4 units · built 2023 · Block 1822, Lot 7504.

On Umarelli: https://umarelli.org/nyc/3018227504/174-madison-steet

More construction in Bedford-Stuyvesant: https://umarelli.org/nyc/brooklyn/bedford-stuyvesant.md

Every lot on block 1822: https://umarelli.org/nyc/brooklyn/1822.md

## 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.

## 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.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology