240 Madison Street, Brooklyn
Apartment building · 8 units · built c. 1899 · Block 1823, Lot 21.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,206,900
- 2026–27 tax
- $2,463
- Market value (city estimate)
- $2,682,000
- Taxable value
- $99,785
- Assessed land
- $12,600
- Assessed improvements
- $1,194,300
Tax breaks
- J-51 exemption, through Jun 30, 2029, about $5,091 a year below the full tax.
- J-51 abatement, through Jun 30, 2035, a $9,949 credit this tax year.
Zoning
R6B: floor area ratio 3.28 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.
Landmarks
Part of Bedford Historic District (Historic District).