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198 Madison Street, Brooklyn, NY 11216

Two family dwelling (B3) · BBL 3018220047

3,200 sq ft2 res units3 storiesBuilt 1910
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Summary

198 Madison Street, Brooklyn, NY 11216 is a 3-story two-family home, built in 1910, with 2 residential units, on a 2,000 sq ft lot. The city's 2027 market value is $1,690,000. It last sold on 10/15/2025 for $3,100,000. City records list 5 violations, 15 mortgages and 2 sales for this lot.

History

Dated from city records. Deeds, mortgages, permits and violations are in the full report.

  1. 2027City market value set at $1,690,000
  2. 10/15/2025Sold for $3,100,000
  3. 2024Building altered
  4. 1910Building completed

Property

Address
198 Madison Street
Borough
Brooklyn
Zip code
11216
Block & lot
01822-0047
BBL
3018220047
Condo number
—
Community district
303
School district
13
Council district
36
Historic district
—
Owner

Building

Property type
Two family dwelling (B3)
Square feet
3,200 sq ft
Building dimensions
Stories
3
Year built
1910
Year altered
2024
Residential units
2
Total units
2
Buildings on lot
1

Lot and zoning

Lot sq ft
2,000
Lot dimensions
20 ft x 100 ft
Zoning
FAR
Buildable area

Value, sale and loans

Market value is the city's assessment estimate, not a sale price or appraisal.

Market value
$1,690,000
Tax year
2027
Last sale date
10/15/2025
Last sale price
$3,100,000
Tax amount
Loan amount

In the full report

Unlock once to open every section for this property.

Questions

When was 198 Madison Street built?
198 Madison Street was built in 1910 and altered in 2024, according to the city's lot file.
How many units does 198 Madison Street have?
198 Madison Street has 2 units across 3 stories.
When did 198 Madison Street last sell?
It last sold on 10/15/2025 for $3,100,000, according to the city's recorded sales.
What is 198 Madison Street worth?
The city's 2027 market value for 198 Madison Street is $1,690,000. That is the city's assessment estimate, not an appraisal or an asking price.
Who owns 198 Madison Street?
Create a free Hercules account to see the owner of record for 198 Madison Street. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

Nearby properties

Record dates

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: 10/15/2025

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

Research guides

Free$9.99 value · 9 sections · from official city records

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  • Owner & contacts · 5 contactsOwner of record, deed owners, LLC officers, mailing address and managing agent.
  • Mortgages & lenders · 15 mortgagesEvery recorded mortgage, lender, loan amount and maturity date.
  • Sales history · 2 salesEvery priced sale on the lot, with buyers, sellers and dates.
  • Comparable salesRecent nearby sales to sanity-check value.
  • Tax & assessments · 5 yearsAnnual tax bill, tax class, assessed and market value by year.
  • Zoning & air rightsZoning districts, FAR and the buildable square feet left on the lot.
  • Permits · 6 permitsBuilding permit filings, job types, status, cost and applicants.
  • Violations · 5 violationsOpen and closed housing and building violations with balances due.
  • Pre-foreclosure & distressForeclosure filings, tax-lien list status and other distress signals.