1259 Madison Street
Brooklyn · 11221 · BBL 3033610043 · look up another building
A company took title here in October 22, 2025, for a stated $1.1M.
Most recent filing on this building: a permit, November 7, 2025
1259 Madison Street is a one and two family building in Bushwick, Brooklyn, ZIP 11221. City records date it to 1920 and count 2 apartments. The city's property file lists the owner of record as MTEK GOLD LLC. Its total assessed value is $89K, for the 2026 tax year.
No DHCR registration is on file for this address, which is a gap in the record rather than an answer about 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.
Who owns 1259 Madison Street
The most recent recorded deed is dated Oct 22, 2025, transferring the lot to MTEK GOLD LLC for a stated $1.1M. PulseCities holds 1 recorded deed for this lot. Deeds recorded through September 29, 2026, the most recent day the city has published.
A deed names a party of record. Stated consideration of $0 usually marks a transfer between related parties rather than a sale.
The November 1 report on this block
On the first of every month we email one page about tax block 3361 in Brooklyn, the block 1259 Madison Street is on. It lists what was filed there that month, then where the block stands. As of today, that part reads:
- 5 buildings changed hands in the last twelve months, across 6 recorded deeds.
- The block holds 64 parcels and 167 residential units.
Anything filed on 1259 Madison Street itself comes the next morning.
Sales and ownership history at 1259 Madison Street
| Party recorded | Recorded | Amount |
|---|---|---|
| Battalion Lending LLCASST from BATTALION LENDING LLC | Nov 20, 2025 | |
| MTEK Gold LLCDEED from Private individual | Oct 22, 2025 | $1.1M |
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 1259 Madison Street
The city's Department of Finance assessed this lot at $89K for the 2026 tax year. That works out to $44K 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 1259 Madison Street
No executed eviction is on record at 1259 Madison Street in the citywide marshal file, which runs from April 2024.
Rent stabilization at 1259 Madison Street
No DHCR rent-stabilization registration is on file for 1259 Madison Street in the years PulseCities holds. Absence is not proof: an owner who stops registering leaves the same gap as a building that never had stabilized units. 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 →
Permits filed at 1259 Madison Street
| Work | Filed | Type |
|---|---|---|
| PLMEXISTING TWO-FAMILY HOUSE WITH PLUMBING WORK AT CELLAR, BASEMENT, 1 ST & 2ND FLO | Nov 7, 2025 | AL |
| MECHEXISTING 3 STORY 2 FAMILY WITH MECHANICAL WORK AT CELLAR, BASEMENT, 1ST AND 2ND | Nov 6, 2025 | AL |
| GCEXISTING 2 FAMILY BUILDING WITH INTERIOR RENOVATION WITH PARTITIONWORK AT THE CE | Nov 6, 2025 | AL |
DOB job filings on this lot, past 12 months. Source: NYC DOB job filings, current through October 9, 2026.
311 complaint history at 1259 Madison Street
2 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 1259 Madison Street compares in 11221
PulseCities tracks 9,154 lots in 11221, of which 278 carry an executed eviction from the marshal record, which starts in April 2024, and 631 carry a deed from the shorter ACRIS window. 11221 scores 45.6 out of 100 for displacement pressure, 30 of 177 scored NYC ZIP codes. The full signal breakdown for Bushwick →
Other buildings in this owner network
The Mtek network holds other NYC buildings PulseCities tracks. 8 addresses from that portfolio:
- 301 East 40 StreetEast Flatbush, 11203
- 342 East 55 StreetEast Flatbush, 11203
- 174 Jefferson StreetBushwick, 11206
- 632 Belmont AvenueEast New York, 11207
- 694 Ashford StreetEast New York, 11207
- 724 Chauncey StreetEast New York, 11207
- 793 Hendrix StreetEast New York, 11207
- 117 Cleveland StreetCypress Hills, 11208
Questions about 1259 Madison Street
Who owns 1259 Madison Street?
The most recent deed on file for 1259 Madison Street names MTEK GOLD LLC. Deeds record the party that took title, which is often a holding company rather than the operator managing the building. That deed was recorded Oct 22, 2025.
How much did 1259 Madison Street sell for?
The most recent deed states a consideration of $1.1M, recorded Oct 22, 2025 in ACRIS. Stated consideration is what the parties filed, and it can differ from the economics of the deal.
Have there been evictions at 1259 Madison Street?
No executed eviction at 1259 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 1259 Madison Street rent stabilized?
No DHCR registration for 1259 Madison Street appears in the years PulseCities holds. That is a gap in the registration record rather than an answer about any apartment, and the free rent history from NYS Homes and Community Renewal is what settles it.
What is 1259 Madison Street assessed at for property taxes?
The Department of Finance assessed the lot at $89K 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 1259 Madison Street?
11221 (Bushwick) scores 45.6 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.