242 Madison Street, Brooklyn

Apartment building · 8 units · built c. 1899 · Block 1823, Lot 23.

Building permits

No building permits on file for this lot.

Property taxes

Assessment
$1,206,900
2026–27 tax
$17,712
Market value (city estimate)
$2,682,000
Taxable value
$142,392
Assessed land
$12,600
Assessed improvements
$1,194,300

Zoning

R6B: floor area ratio 3.34 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

Open-market sales since 2016, from the Department of Finance’s sales files.

Landmarks

Part of Bedford Historic District (Historic District).

More construction in Bedford-Stuyvesant

Every lot on block 1823

Umarelli: construction in New York City and Jersey City