1116 Madison Street, Brooklyn
Apartment building · 10 units · built 2024 · Block 3368, Lot 25.
Building permits
- New Building — Residential, filed Jun 15, 2022, estimated cost $1.8M, 1 unit, 4 stories, described as “Proposed 4 story 10 family residential building. Obtain new certificate of occupancy.”
- Alteration, filed Sep 26, 2024, estimated cost $5K, described as “Installation of pipe scaffold with NB APPLICATION#B00735747. No change in use, egress or occupancy.”
- Alteration, filed Aug 23, 2024, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
Property taxes
- Assessment
- $644,400
- 2026–27 tax
- $63,893
- Market value (city estimate)
- $1,432,000
- Taxable value
- $513,649
- Assessed land
- $132,750
- Assessed improvements
- $511,650
Zoning
R6: floor area ratio 2.96 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.
Recent sales
- Dec 9, 2019: $499,999
Open-market sales since 2016, from the Department of Finance’s sales files.
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
Permits Filed for 1116 Madison Street in Bushwick, Brooklyn, New York YIMBY, Jul 5, 2022.