NY Property Records
581 Madison Street
581 Madison Street
Brooklyn · Kings County · 11221
02 · Walk-Up AptsSold $1,600,000 · Nov 2020 ↗
Owner of record
Owner581 Madison Street LLC
Assessment · 2025 roll
Land assessed$72,000
Total assessed$468,000
Est. annual tax$15,005 (2027, excl. special districts)
Building
StyleFive to Six Families
Year built1931
Living area3,150 sq ft
Lot
Size0.05 acres (GIS)
Frontage × depth20 × 100 ft
Lot sq ft2,000
Zoning
DistrictR6B
FAR1.58 built · 2.0 max residential · 2.0 max facility
Zoning map17a
Recorded documents · 22
ASSIGNMENT, MORTGAGE
Aug 13, 2025
assignor/old lender LLC, Series 29908; Mortgage Electronic Registration Systems, Inc,, As +1
assignee/new lender Individual Capacity But Solely As Trustee; Of Hof Grantor Trust I +1
View on ACRIS ↗
MORTGAGE
$1,220,000
Feb 28, 2022
mortgagor/borrower 581 Madison Street LLC
mortgagee/lender Loan Funder LLC, Series 29908; Mers As Nominee
View on ACRIS ↗
AGREEMENT
$2,700,000
Feb 28, 2022
party 1 581 Madison Street LLC
party 2 Loan Funder LLC, Series 29908; Mers As Nominee
View on ACRIS ↗Show all 22
ASSIGNMENT OF LEASES AND RENTS
$2,700,000
Feb 28, 2022
assignor 581 Madison Street LLC
assignee Loan Funder LLC, Series 29908; Mers As Nominee
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Feb 28, 2022
assignor/old lender Lending Assets LLC
assignee/new lender Loan Funder LLC, Series 29908; Mers As Nominee
View on ACRIS ↗
MORTGAGE
$310,000
Oct 15, 2021
mortgagor/borrower 581 Madison Street LLC
mortgagee/lender Lending Assets LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Oct 15, 2021
assignor/old lender Ny Tower Capital LLC
assignee/new lender Lending Assets LLC
View on ACRIS ↗
AGREEMENT
$1,480,000
Oct 15, 2021
party 1 581 Madison Street LLC
party 2 Lending Assets LLC
View on ACRIS ↗
RELEASE
Oct 15, 2021
party 1 Webster Business Credit Corporation
party 2 Ny Tower Capital LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Oct 15, 2021
party one Ny Tower Capital LLC
party two 581 Madison Street LLC
View on ACRIS ↗
MORTGAGE
$449,181
Apr 5, 2021
mortgagor/borrower 581 Madison Street LLC
mortgagee/lender Ny Tower Capital LLC
View on ACRIS ↗
AGREEMENT
$1,170,000
Apr 5, 2021
party 1 581 Madison Street LLC
party 2 Ny Tower Capital LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Apr 5, 2021
assignor/old lender Ny Tower Capital LLC
assignee/new lender Webster Business Credit Corporation
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$1,170,000
Apr 5, 2021
assignor 581 Madison Street LLC
assignee Ny Tower Capital LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Apr 5, 2021
assignor/old lender Ragin, Febbie; Ragin, Herbert
assignee/new lender Ny Tower Capital LLC
View on ACRIS ↗
CORRECTION MORTGAGE
$1,601,483
Apr 5, 2021
mortgagor/borrower 581 Madison Street LLC
mortgagee/lender Ragin, Febbie; Ragin, Herbert
View on ACRIS ↗
DEED
$1,600,000
Dec 21, 2020
grantor/seller Ragin, Febbie; Ragin, Herbert
grantee/buyer 581 Madison Street LLC
View on ACRIS ↗
MORTGAGE
$1,601,483
Dec 21, 2020
mortgagor/borrower 581 Madison Street LLC
mortgagee/lender Ragin, Febbie; Ragin, Herbert
View on ACRIS ↗
MORTGAGE
May 16, 1980
mortgagor/borrower Ragin Febbie; Ragin Herbert
mortgagee/lender Thompson Zelphia
View on ACRIS ↗
DEED
May 16, 1980
grantor/seller Thompson Zelphia
grantee/buyer Ragin Febbie; Ragin Herbert
View on ACRIS ↗
DEED
Dec 4, 1972
grantor/seller Inniss Alexander B; Inniss Irene A
grantee/buyer Thompson Zelphia
View on ACRIS ↗
MORTGAGE
Dec 4, 1972
mortgagor/borrower Thompson Zelphia
mortgagee/lender Inniss Alexander B; Inniss Irene A
View on ACRIS ↗DOB violations — total 1 · open 1 · dismissed 0
Gas Piping - LL152
Active
Jan 8, 2026
BIS ↗DOB complaints — total 1 · open 0 · closed 1
HPD violations — total 12 · open 11 · closed 1
A · Non-hazardous
Open
May 5, 2026
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.G
HPD ↗
I · Order to correct
Open
Nov 20, 2025
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗
A · Non-hazardous
Open
Jun 10, 2025
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.G
HPD ↗Show all 12
I · Order to correct
Open
Nov 27, 2024
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗
A · Non-hazardous
Open
Apr 10, 2024
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.G
HPD ↗
I · Order to correct
Open
Nov 21, 2023
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗
A · Non-hazardous
Open
Mar 23, 2023
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.G
HPD ↗
I · Order to correct
Open
Nov 10, 2022
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗
A · Non-hazardous
Open
Feb 25, 2022
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.G
HPD ↗
I · Order to correct
Open
Feb 25, 2022
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗
A · Non-hazardous
Open
Apr 12, 2021
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.G
HPD ↗
I · Order to correct
Closed
Oct 18, 2018
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗Deed & identifiers
SBL3016400067
SWIS610100
Parcel ID6101003016400067
Who owns 581 Madison Street?
581 Madison Street, Brooklyn is owned by 581 Madison Street LLC per the 2025 NYS assessment roll. It last sold for $1,600,000 in Nov 2020.
Nearby on Madison Street
Public record, NYS tax roll 2025. Values are the assessor's, not an appraisal. Provided for informational purposes only — accuracy and completeness are not warranted or guaranteed; verify against official sources before relying on it. Disclaimer · Request redaction
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