# 240 Madison Street, Brooklyn

Apartment building · 8 units · built c. 1899 · Block 1823, Lot 21.

On Umarelli: https://umarelli.org/nyc/3018230021/240-madison-street

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

Every lot on block 1823: https://umarelli.org/nyc/brooklyn/1823.md

## 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).

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