554 MADISON STREET
554 MADISON STREET is a Class B3 (two-family converted) building in Brooklyn (BBL 3016440036) built in 1901, with 2 residential units across 2 floors.
The building is in NYC community district 303, council district 36, zoning district R6B, on a 2,000-square-foot lot with a building footprint of 2,520 square feet.
The current registered owner of record per NYC PLUTO is CHOKSHI, NEETI.
The most recent ACRIS deed transfer for this BBL was recorded on May 26, 2021 when PULASKI BRICKS LLC conveyed the property to CHOKSHI, NEETI; GUPTA, NAVIN for $2.30M. The transaction was financed with a $1.84M mortgage from Ridgewood Savings Bank.
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- R6B
- Lot size:
- 2,000 sqft
- Building area:
- 2,520 sqft
- Floors:
- 2
- Assessed value:
- $95K
- Community district:
- 303
- Council district:
- 36
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 554 MADISON STREET
Who owns 554 MADISON STREET?
The current registered owner of record for 554 MADISON STREET per NYC PLUTO is CHOKSHI, NEETI. The most recent ACRIS deed transfer for this BBL was recorded on May 26, 2021 when the property was conveyed to CHOKSHI, NEETI; GUPTA, NAVIN. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 554 MADISON STREET last sold?
The most recent ACRIS deed transfer for 554 MADISON STREET was recorded on May 26, 2021, when PULASKI BRICKS LLC conveyed the property to CHOKSHI, NEETI; GUPTA, NAVIN for $2.30M. The transaction was financed with a $1.84M mortgage from Ridgewood Savings Bank.
How many HPD violations does 554 MADISON STREET have?
No open HPD housing-maintenance code violations are on record for 554 MADISON STREET. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 554 MADISON STREET?
NYC Department of Finance assesses 554 MADISON STREET at $95K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 554 MADISON STREET and what does that mean?
554 MADISON STREET is NYC building class B3 — Two-family converted. A two-family dwelling that was converted from a one-family. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.