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Brooklyn / Bedford-Stuyvesant (East) / 11221

651 MADISON STREET

Boro3
Block1641
Lot55
BBL3016410055
Class C6
Residential units
32
Units in total
32
Storeys
4
Year built
1931
Last alteration on file
1992
Recorded transfers
9 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
24 Feb 2026$40,000C-6SINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Feb 2026$40,000B7SINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Jan 2026$40,000B5SINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Jan 2026$40,000D8SINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Oct 2025$40,000B8SINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Aug 2025$40,000B-2SINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Aug 2025$80,000B-3SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jul 2025$40,000A-5SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jul 2025$40,000B-4SINGLE RESIDENTIAL COOP UNITRPTT&RET
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20264$40,000$40,000$40,000
20255$40,000$40,000$80,000
02

The building on the lot

Section through the lot

LOT 8,000 SQ FT4
Drawn from PLUTO: 4 storeys, 28,800 sq ft of building on 8,000 sq ft of lot, an average floor plate covering 90% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
8,000 sq ft
Building area
28,800 sq ft
Residential area
28,800 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.6
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$133,650
Assessed total value
$963,450
Exempt value
$512,474
Assessed per residential unit
$30,108

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
C6WALK-UP COOPERATIVE
Neighbourhood
Bedford-Stuyvesant (East)
ZIP code
11221
Community district
Brooklyn 3
Council district
36
Coordinates
40.687204, -73.931004
05

Other buildings in Bedford-Stuyvesant (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
88 CHAUNCEY STREETD128719742-
721 WILLOUGHBY AVENUED626719761-
VERNON AVENUED626719760-
942 DEKALB AVENUED324819620-
FULTON STREETD124819800-
95 MARCUS GARVEY BLVDD323419510-
1100 MYRTLE AVENUERM23320220-
FULTON STREETD1213-0-
75 LEWIS AVENUED720520210-
510 QUINCY STREETD719219740-
113 LEWIS AVENUED318719640-
281 MARCUS GARVEY BLVDD117519723-

Every building on file in Bedford-Stuyvesant (East)