116 Madison Street, Brooklyn, NY 11216

116 Madison Street, Brooklyn, NY 11216 is a 3-story walk-up apartment building, built in 1910, with 3 residential units, on a 2,000 sq ft lot. The city's 2027 market value is $1,889,000. It last sold on 07/31/2025 for $3,191,500. City records list 42 violations, 5 mortgages and 2 sales for this lot.

1. 2027City market value set at $1,889,000
2. 07/31/2025Sold for $3,191,500
3. 2023Building altered
4. 1910Building completed

Address

116 Madison Street

Borough

Brooklyn

Zip code

11216

Block & lot

01990-0028

BBL

3019900028

Condo number

—

Community district

303

School district

13

Council district

36

Historic district

—

Owner

Locked. Included in the full report.Unlock owner name for free

Property type

Walk-up apartments (C0)

Square feet

3,040 sq ft

Building dimensions

Locked. Included in the full report.

Stories

3

Year built

1910

Year altered

2023

Residential units

3

Total units

3

Buildings on lot

1

Lot sq ft

2,000

Lot dimensions

20 ft x 100 ft

Zoning

Locked. Included in the full report.

FAR

Locked. Included in the full report.

Buildable area

Locked. Included in the full report.

Market value

$1,889,000

Tax year

2027

Last sale date

07/31/2025

Last sale price

$3,191,500

Tax amount

Locked. Included in the full report.

Loan amount

Locked. Included in the full report.

• Pre-foreclosureAny open foreclosure case on the lot: plaintiff, filing date, case type and court status.
• Owner & contacts· 8 people and companiesOwner of record is a companyOwner of record, deed owners, mailing address, registered officers and managing agent, permit applicants.
• Sales history· 2 salesEvery priced sale on the lot, with unit and building class at the time of sale.
• Financials· 5 mortgagesOpen mortgages, lenders, loan amounts, recording and maturity dates, estimated equity.
• Tax· 5 years of assessmentsAnnual tax bill, tax class and assessment history by roll year.
• Permits· 10 permitsBuilding permit filings, job types, status and estimated cost.
• DevelopmentZoning districts, residential, commercial and facility FAR, unused air rights.
• Violations· 42 violationsOpen and closed housing and building violations with balances due.

When was 116 Madison Street built?

116 Madison Street was built in 1910 and altered in 2023, according to the city's lot file.

How many units does 116 Madison Street have?

116 Madison Street has 3 units across 3 stories.

When did 116 Madison Street last sell?

It last sold on 07/31/2025 for $3,191,500, according to the city's recorded sales.

What is 116 Madison Street worth?

The city's 2027 market value for 116 Madison Street is $1,889,000. That is the city's assessment estimate, not an appraisal or an asking price.

Who owns 116 Madison Street?

Create a free Hercules account to see the owner of record for 116 Madison Street. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

• 1119 Bedford AvenuePlace of assembly (P3) · 65,000 sq ft
• 143 Monroe StreetTwo family dwelling (B3) · 2,880 sq ft
• 141a Monroe StreetTwo family dwelling (B2) · 3,328 sq ft
• 1141 Bedford AvenueVacant land (V1) · —
• 1133 Bedford AvenueMixed residence and store (S1) · 2,700 sq ft
• 1131 Bedford AvenueStore building (K4) · 2,700 sq ft
• 1129 Bedford AvenueStore building (K4) · 2,700 sq ft
• 1127 Bedford AvenueMixed residence and store (S9) · 3,700 sq ft

City market value and tax year

Market value is the city's estimate for tax purposes. This is not a current sale price or an appraisal.

Valuation tax year: 2027

Recorded sale

Latest recorded sale date: 07/31/2025

Refresh dates are not available in this preview. The tax year and sale date describe the records, not when Hercules last refreshed them.

Product facts · Market value, assessed value and sale price explained