# 1116 Madison Street, Brooklyn

Apartment building · 10 units · built 2024 · Block 3368, Lot 25.

On Umarelli: https://umarelli.org/nyc/3033680025/1116-madison-street

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

## 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.

## Recent sales

- Dec 9, 2019: $499,999

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

## 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

[Permits Filed for 1116 Madison Street in Bushwick, Brooklyn](https://newyorkyimby.com/2022/07/permits-filed-for-1116-madison-street-in-bushwick-brooklyn.html), New York YIMBY, Jul 5, 2022.

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