# 1098 Madison Street, Brooklyn

Apartment building · 8 units · built 2017 · Block 3368, Lot 18.

On Umarelli: https://umarelli.org/nyc/3033680018/1098-madison-street

More construction in Bushwick: https://umarelli.org/nyc/brooklyn/bushwick.md

## 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](https://newyorkyimby.com/2021/06/affordable-housing-units-still-available-at-1098-madison-street-in-bushwick-brooklyn.html), New York YIMBY, Jun 23, 2021.

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