1098 Madison Street, Brooklyn
Apartment building · 8 units · built 2017 · Block 3368, Lot 18.
Building permits
- Alteration, filed Apr 16, 2019, estimated cost $1K, described as “Installation of sidewalk shed in accordance with nycc 2014 chapter 33. No change in egress, use, or occupancy”
- Alteration, filed Sep 4, 2018, estimated cost $5K, described as “Installation of support scaffold in accordance with nycc chapter 33. No change in egress, use, or occupancy.”
Property taxes
- Assessment
- $674,550
- 2026–27 tax
- $1,207
- Market value (city estimate)
- $1,499,000
- Taxable value
- $9,703
- Assessed land
- $90,000
- Assessed improvements
- $584,550
Tax breaks
- 421-a exemption, through Jun 30, 2056, about $82,700 a year below the full tax.
Zoning
R6: floor area ratio 2.93 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- Bushwick Neighborhood Plan (City Planning 2019K0199): Completed. This is an application for a 300-block section of Bushwick, Brooklyn, Community District 4 to create a thriving and inclusive Bushwick through preservation and creation of affordable housing, targeted investments in neighborhood…
In the news
Affordable Housing Units Still Available at 1098 Madison Street in Bushwick, Brooklyn, New York YIMBY, Jun 23, 2021.