240 Madison Street
Brooklyn · 11216 · BBL 3018230021 · look up another building
New York State found a tenant here was charged above the legal rent.
Most recent filing on this building: a violation, October 27, 2025
240 Madison Street is a multi-family walk-up in Bedford-Stuyvesant, Brooklyn, ZIP 11216. City records date it to 1899 and count 8 apartments. The city's property file lists the owner of record as 240 MADISON PARTNERS LLC. Its total assessed value is $1.2M, for the 2026 tax year.
DHCR registration lists 8 rent-stabilized units here in 2023, but that is the building and not your apartment. The state will send you your own rent history free, and it is the only binding answer on what you should be paying.
Know the month this building changes
Most buildings here are quiet. Two filings a year is normal, so most months there's nothing to report on 240 Madison Street and we'll say so. The point is the month we do
Sales and ownership history at 240 Madison Street
| Party recorded | Recorded | Amount |
|---|---|---|
| Jpmorgan Chase Bank NaASST from US BANK NATIONAL ASSOCIATION | Aug 31, 2026 |
Deeds and assignments recorded in ACRIS, one row per document. Amount is the stated consideration; $0 often marks a non-arms-length transfer. An assignment moves a lender's paper and is not a sale. Source: NYC ACRIS, current through September 29, 2026.
Taxes and assessed value for 240 Madison Street
The city's Department of Finance assessed this lot at $1.2M for the 2026 tax year. That works out to $151K per residential unit. Assessed value is what the city taxes, not what the building would sell for, and the two routinely differ by a wide margin. The bill itself turns on the tax class rate and on any exemptions or abatements attached to the lot, neither of which is published here.
No executed evictions at 240 Madison Street
No executed eviction is on record at 240 Madison Street in the citywide marshal file, which runs from April 2024.
Rent stabilization at 240 Madison Street
DHCR registration records list 8 rent-stabilized units at this building in 2023, the most recent year PulseCities holds. Registration is building-level and does not settle the status of any single apartment; the rent history does. Checking your own apartment starts with the free rent history from the state. That is the only binding answer, and it takes time to come back. While you wait, you can get an email when the record here moves: a deed, an eviction, a permit or a violation filed on this building. How to check rent-stabilized status →
The state found an overcharge at 240 Madison Street
New York State ruled in a tenant's favor on 1 rent overcharge case at 240 Madison Street. A granted case means DHCR examined what a tenant was actually charged and found it above the legal rent. The case was filed in 2020. A finding covers the apartment that brought it, not the whole building, and the ones nobody filed on leave no record at all.
From a DHCR response to a freedom of information request, reference D000320-050126, covering cases closed between January 2021 and April 2026. Filing years are decoded from the docket number. A static listing with no update schedule.
Open code violations at 240 Madison Street
HPD and DOB inspectors have written 39 violations against this building, of which 0 remain unresolved. That is more than 9 in 10 buildings its size in 11216.
Classes run A (non-hazardous) to C (immediately hazardous); DOB class I carries a vacate order. Source: NYC HPD violations, current through October 10, 2026.
Violation history at 240 Madison Street
| Violation | Issued | Class |
|---|---|---|
| Repair, replace or provide an approved and operational carbon monoxide detecting device, installed in accordan…Violation Dismissed | Oct 27, 2025 | B |
| Abate the infestation consisting of roaches in the entire apartmentViolation Dismissed | Oct 27, 2025 | C |
| Provide an adequate supply of gas to the fixtures cooking stove in the entire apartmentViolation Dismissed | Oct 27, 2025 | C |
| Replace or repair the self-closing doors that is missing or defective hinge in the entranceViolation Closed | Oct 27, 2025 | C |
| Repair the roof so that it will not leak at ceiling in the bathroomViolation Dismissed | Oct 27, 2025 | B |
| Repair the broken or defective plastered surfaces and paint in a uniform color at ceiling in the bathroomViolation Dismissed | Oct 27, 2025 | B |
| Abate the infestation consisting of mice in the entire apartmentViolation Dismissed | Oct 27, 2025 | C |
| Abate the nuisance consisting of key operated lock at door leading to 2nd means of egress in the 6th room from…Violation Dismissed | Oct 27, 2025 | B |
The 8 most recent violations written against this building, newest first. Each row is the inspector's own wording with the statute citation removed. Source: NYC HPD violations, current through October 10, 2026.
311 complaint history at 240 Madison Street
25 complaints in the past 12 months
NYC 311 housing and building complaints logged for this address. Source: NYC 311, current through October 10, 2026.
How 240 Madison Street compares in 11216
PulseCities tracks 6,076 lots in 11216, of which 217 carry an executed eviction from the marshal record, which starts in April 2024, and 434 carry a deed from the shorter ACRIS window. 11216 scores 51.8 out of 100 for displacement pressure, 15 of 177 scored NYC ZIP codes. The full signal breakdown for Bedford-Stuyvesant →
Other buildings on this block
The city's files carry a record for 8 other addresses on tax block 1823 in Brooklyn. They run in lot order, which is roughly the order you would walk them:
- 399 Nostrand AvenueBedford-Stuyvesant, 11216
- 397 Nostrand AvenueBedford-Stuyvesant, 11216
- 395 Nostrand AvenueBedford-Stuyvesant, 11216
- 393 Nostrand AvenueBedford-Stuyvesant, 11216
- 385 Nostrand AvenueBedford-Stuyvesant, 11216
- 242 Madison StreetBedford-Stuyvesant, 11216
- 244 Madison StreetBedford-Stuyvesant, 11216
- 246 Madison StreetBedford-Stuyvesant, 11216
Questions about 240 Madison Street
Who owns 240 Madison Street?
The city's property file lists 240 MADISON PARTNERS LLC as the owner of record for 240 Madison Street. No deed for this lot appears in the ACRIS records PulseCities holds, so that name comes from the tax roll rather than from a recorded transfer.
Has 240 Madison Street changed hands recently?
No deed for 240 Madison Street appears in the ACRIS records PulseCities holds. That means no transfer has been published for this lot in the current window, not that the building has never been sold.
Have there been evictions at 240 Madison Street?
No executed eviction at 240 Madison Street appears in the NYC evictions dataset, which PulseCities holds from April 2024 forward. Executed evictions are the end of the process, so a building with none may still have active housing court cases.
Is 240 Madison Street rent stabilized?
DHCR registrations list 8 stabilized units at this building in 2023. Registration is building-level, so it does not settle whether one apartment is stabilized. The free rent history from NYS Homes and Community Renewal does.
Has anyone won a rent overcharge case at 240 Madison Street?
Yes. New York State granted 1 rent overcharge case at this address, meaning DHCR found a tenant had been charged above the legal rent. A granted case covers the apartment that brought it rather than the building, and only apartments whose tenants filed appear at all. The figures come from a freedom of information response covering cases closed between January 2021 and April 2026.
What is 240 Madison Street assessed at for property taxes?
The Department of Finance assessed the lot at $1.2M for the 2026 tax year. That is the figure the city taxes rather than a sale price, and the bill depends on the tax class rate and on any exemptions on the lot.
What is the displacement risk around 240 Madison Street?
11216 (Bedford-Stuyvesant) scores 51.8 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: LLC acquisition rate, permit intensity, 311 complaint volume, executed evictions, and serious HPD violations. It describes the area around the building, not the building itself.
Look up another building
Sourced from NYC public records: ACRIS deeds, DOB permits, the NYC evictions dataset, and 311. Records reflect what agencies have published and can lag events.