What is the rent for a studio at 240 MADISON STREET, Brooklyn, NY, 11216?

Based on recent listing data, rent for a studio at 240 MADISON STREET, Brooklyn, NY, 11216 ranges from $2,210 to $2,990 per month, with a median of $2,600.

What is the rent for a 1-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216?

Based on recent listing data, rent for a 1-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216 ranges from $2,304 to $3,116 per month, with a median of $2,710.

What is the rent for a 2-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216?

Based on recent listing data, rent for a 2-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216 ranges from $2,550 to $3,450 per month, with a median of $3,000.

What is the rent for a 3-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216?

Based on recent listing data, rent for a 3-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216 ranges from $3,179 to $4,301 per month, with a median of $3,740.

What is the rent for a 4-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216?

Based on recent listing data, rent for a 4-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216 ranges from $3,426 to $4,635 per month, with a median of $4,030.

How does rent at 240 MADISON STREET, Brooklyn, NY, 11216 compare to the neighborhood?

Compared to other buildings in the 11216 zip code: 1-bedroom rents are about 18% below the neighborhood median; 2-bedroom rents are about 20% below the neighborhood median; 3-bedroom rents are about 15% below the neighborhood median.

Is 240 MADISON STREET, Brooklyn, NY, 11216 rent stabilized?

Yes, 240 MADISON STREET, Brooklyn, NY, 11216 is rent stabilized with 8 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.

When is the cheapest time to rent at 240 MADISON STREET, Brooklyn, NY, 11216?

Based on historical listing data, February tends to be the most affordable month to sign a lease at 240 MADISON STREET, Brooklyn, NY, 11216, while June is typically the most expensive. Timing your move to February could save approximately 8% compared to peak pricing.

Who is the landlord of 240 MADISON STREET, Brooklyn, NY, 11216?

The registered owner of 240 MADISON STREET, Brooklyn, NY, 11216 is 240 MADISON PARTNERS LLC. You can view their full portfolio of buildings on Lucid Rents.

Is the landlord of 240 MADISON STREET, Brooklyn, NY, 11216 a good landlord?

240 MADISON STREET, Brooklyn, NY, 11216, owned by 240 MADISON PARTNERS LLC, has an overall grade of B (3.9/5) on Lucid Rents. The building has 39 recorded violations. Tenants have left 5 reviews. Check tenant reviews for firsthand experiences.

What is the building rating for 240 MADISON STREET, Brooklyn, NY, 11216?

240 MADISON STREET, Brooklyn, NY, 11216 has an overall grade of B with a score of 3.9 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.

Are there violations or complaints at 240 MADISON STREET, Brooklyn, NY, 11216?

Yes, 240 MADISON STREET, Brooklyn, NY, 11216 has 39 housing violations and 140 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.

What amenities does 240 MADISON STREET, Brooklyn, NY, 11216 have?

240 MADISON STREET, Brooklyn, NY, 11216 offers 3 amenities including Pet Friendly, Good Cause, Rent Stabilized. View the full amenity list on the building page.

Does 240 MADISON STREET, Brooklyn, NY, 11216 allow pets?

240 MADISON STREET, Brooklyn, NY, 11216 lists pet-friendly amenities (Pet Friendly). Contact the building management to confirm current pet policies and any breed or size restrictions.

What schools are near 240 MADISON STREET, Brooklyn, NY, 11216?

There are 10 schools near 240 MADISON STREET, Brooklyn, NY, 11216, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include P.s. K140 (6 min walk), P.s. K140 (6 min walk), P.s. 093 William H. Prescott (9 min walk), Restoration Academy (9 min walk), Uncommon Collegiate Chs (1 min walk), and more.

What public transit is near 240 MADISON STREET, Brooklyn, NY, 11216?

240 MADISON STREET, Brooklyn, NY, 11216 has 4 transit options nearby. The closest include: bus: NOSTRAND AV/FULTON ST (B44-SBS, B44), 0.34 mi away.

Is 240 MADISON STREET, Brooklyn, NY, 11216 safe? What is the crime rate nearby?

The 11216 zip code where 240 MADISON STREET, Brooklyn, NY, 11216 is located had 3,212 crime incidents in the past 2 years, including 266 violent crimes, 1,051 property crimes, and 1,895 quality-of-life incidents. Check the neighborhood report card for 11216 for full details.

When was 240 MADISON STREET, Brooklyn, NY, 11216 built and how many units does it have?

240 MADISON STREET, Brooklyn, NY, 11216 was built in 1899, has 4 floors, contains 8 total units.

What do tenants say about living at 240 MADISON STREET, Brooklyn, NY, 11216?

240 MADISON STREET, Brooklyn, NY, 11216 has 3 tenant reviews with an average rating of 4.0 out of 5. 0 out of 3 reviewers would recommend this building.

240 MADISON STREET — Rent Intelligence for Bedford-Stuyvesant, NYC

Bedford-Stuyvesant · Brooklyn, NY, 11216

Built 18994 floors8 unitsBBL 3018230021

Current rent range

$2,210 – $4,635 / mo

5 bedroom bands tracked · sampled from recent listings · rent stabilized

Leave a review

★★★★★4.25 reviews

Verified reviews2MOwned by240 MADISON PARTNERS LLC3 bldgs

240 MADISON STREET

Brooklyn, NY, 11216

240 MADISON STREET is a prewar 1899 building, 8 units in Bedford-Stuyvesant, NYC. Owned by 240 MADISON PARTNERS LLC. Public records show 50 open violations, 140 311 complaints on file. Rent stabilization on file covers 8 units (registered 2024). Lucid Rents has 5 verified tenant reviews on this building.

HPD violations39last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews54.2 ★ avg

Rent-stab units8DHCR records

Building age127 ybuilt 1899

311 complaints140last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Brooklyn · March 2026

Studio

$2,600/mo

1 BR

$2,710/mo

2 BR

$3,000/mo

3 BR

$3,740/mo

4 BR

$4,030/mo

This building is rent stabilized — actual rents typically trade below neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

February

Most expensive

June

JFMAMJJASOND

Potential savings: ~8% by timing your move to February.

Rent vs. area median Brooklyn

Studio

This building: $2,210 – $2,990

—Area: —

1 BR

This building: $2,304 – $3,116

18% belowArea: $3,306

2 BR

This building: $2,550 – $3,450

20% belowArea: $3,756

3 BR

This building: $3,179 – $4,301

15% belowArea: $4,400

4 BR

This building: $3,426 – $4,635

—Area: —

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Brooklyn

Studio

$2,600

$2,210 – $2,990

1 Bed

$3,306

$3,306

2 Bed

$3,756

$3,756

3 Bed

$4,400

$4,400

4 Bed

$4,030

$3,426 – $4,635

Range (P25 – P75)MedianBased on recent listings in Brooklyn

01 / 09

Rental intelligence.

02 / 10

Neighborhood risks.

within 0.75 mi

145 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

brownfields, industrial zones, sanitation

Block-level

4134

311 noise, rats, bedbug history

Sources: NYC DHS · DOB · 311 · DSNY · FDNY · NYS DCJS · NYS DECSee full report

02 / 10

Neighborhood risks.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Worsening

HPDTop Violations

39 total

Door/Lock
10
Paint/Plaster
8
Smoke/CO Detector
6
Pest Infestation
4
Water Leak
3

311Top Complaints

140 total

Noise - Residential
69
Request Large Bulky Item Collection
7
Noise - Street/Sidewalk
6
UNSANITARY CONDITION
6
GENERAL
6

DOBTop Filings

11 total

DOB Violations
11

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(5 units)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class CVIOLATION DISMISSEDOct 24, 2025
HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 2B, 2nd STORY, 1st APARTMENT FROM EAST AT SOUTH
Class BVIOLATION DISMISSEDOct 24, 2025
§ 27-2045(B)(1)(B) HMC, § 12-06, § 12-07, § 12-09 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH APPLICABLE LAW AND RULES MISSING IN THE ENTIRE APARTMENT LOCATED AT APT 2B, 2nd STORY, 1st APARTMENT FROM EAST AT SOUTH
Class CVIOLATION DISMISSEDOct 24, 2025
§ 27-2070 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF GAS TO THE FIXTURES COOKING STOVE IN THE ENTIRE APARTMENT LOCATED AT APT 2B, 2nd STORY, 1st APARTMENT FROM EAST AT SOUTH
Class CVIOLATION DISMISSEDOct 23, 2025
HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 4A, 4th STORY, 1st APARTMENT FROM WEST AT NORTH
Class BVIOLATION DISMISSEDOct 23, 2025
§ 27-2005 ADM CODE REPAIR THE ROOF SO THAT IT WILL NOT LEAK AT CEILING IN THE BATHROOM LOCATED AT APT 4A, 4th STORY, 1st APARTMENT FROM WEST AT NORTH

See all 39 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

4.2 /5

★ ★ ★ ★ ★

5 reviews

5★

20%

4★

80%

3★

2★

1★

Unit 1A Pros: My unit was renovated and management was somewhat responsive Cons: First year I lived here landlords illegally tried to raise rent (it’s rent stabilized) Also had a flooding issue and they wouldn’t reim…

positiveOct 2024

Anonymous

Unit 2B Pros: Always clean, seemed new, things looked good when we moved in, friendly neighbors in their early-mid 20s, heat and air (almost) always work but maintenance fixes quickly. Oven didn’t work when we moved in…

positiveJul 2022

Anonymous

Pros: Building is fairly updated, nothing special Cons: Cabinets, hinges etc. falling off. The building property managers reply to in-app requests within a day or two, but the actual repairs don't happen quickly. Occasi…

positiveJul 2022

Anonymous

View all 5 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

3 amenities

PET FRIENDLY

Pet Friendly

OTHER

Good Cause
Rent Stabilized

04 / 09

Building amenities.

05 / 10

The landlord.

240 MADISON PARTNERS LLC

Portfolio of 3 buildingsHead officer: MOSHE DUESTCHMail: 1049 EAST 15TH STREET, Brooklyn, NY, 11230

Portfolio-level grade reflects the landlord's buildings across NYC, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

3.9

avg score / 5

B+

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

1899Building constructed8 units · 4 floors
now240 MADISON PARTNERS LLCOwner of record per HPD registration · manages 3 buildings · registration active through 2026-09-01.

05 / 09

The landlord.

06 / 10

Crime & safety.

11216 · last 12 months

Safety & Crime

Above averageSafety score · last 12 months

NYPD CompStat · updated weekly

LAST 12 MONTHS · 11216

Violent266

Property1,051

Quality-of-life1,895

Total incidents3,212

07 / 10

About this area.

Bedford-Stuyvesant · 11216

240 MADISON STREET · Brooklyn · 40.685° N, -73.949° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby7 min

7 schools nearby6 min

Nearby Transit

BUS

NOSTRAND AV/FULTON STB44-SBSB44
0.3 mi7 min
FULTON ST/MARCY AVB25
0.4 mi8 min
FULTON ST/BROOKLYN AVB25
0.4 mi8 min
BROOKLYN AV/FULTON STB43
0.4 mi9 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

P.s. K140K-8
0.3 mi6 min
P.s. K140K-8
0.3 mi6 min
P.s. 093 William H. PrescottElementary
0.4 mi9 min
Restoration AcademyMiddle School
0.4 mi9 min

CHARTER SCHOOLS

Uncommon Collegiate ChsCharter
0.1 mi1 min
Uncommon Collegiate Charter High SchoolCharter
0.1 mi2 min
Uncommon Bed-Stuy West Charter School NycK-12
0.3 mi6 min

PRIVATE SCHOOLS

Talmud Torah D'nitraElementary
0.4 mi9 min
Brooklyn Waldorf SchoolElementary
0.5 mi9 min
Co-Op SchoolElementary
0.5 mi11 min

The neighborhood

Bedford-Stuyvesant

Bed-Stuy is Brooklyn's brownstone capital — block after block of stunning Victorian and Romanesque row houses, many beautifully restored. The neighborhood's Black cultural heritage runs deep (Biggie grew up here), and the restaurant scene on Tompkins and Lewis Avenues has exploded.

8,172buildings tracked4.3avg LucidIQ$3,306median 1BR

62,373population$93kmedian income75%renters

BrownstonesHistoricCulturalFoodieCommunity Feel

Explore Bedford-Stuyvesant

Neighborhood overview

Bedford-Stuyvesant→

Vibe · top buildings · landlords · schools · transit

Crime in 11216

See full breakdown→

Incident type · 6-month trend · vs. New York City average

Rent trends in Bedford-Stuyvesant

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Carroll Gardens· 0.1 mi Prospect Heights· 0.39 mi Fort Greene· 0.97 mi Park Slope· 1.09 mi Crown Heights· 1.18 mi

Browse all NYC neighborhoods

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

Year built1899

Floors4

Total units8

Rent-stab units8

ClassC1

BBL3018230021

189019001910192019301940195019601970198019902000201020202030

1899

Building constructed

8 units · 4 floors · class C1

2024

Rent stabilization on file

8 stabilized units registered.

now

Current owner: 240 MADISON PARTNERS LLC

Portfolio includes 3 buildings.

Recent Activity

20 events

311MEDIUMMay 29, 2026
PLUMBING — WATER SUPPLY
311MEDIUMMay 29, 2026
PLUMBING — WATER SUPPLY
311MEDIUMApr 1, 2026
Noise - Residential — Banging/Pounding
311MEDIUMDec 26, 2025
Noise - Residential — Banging/Pounding
311MEDIUMDec 26, 2025
Noise - Residential — Banging/Pounding
311MEDIUMDec 4, 2025
Noise - Residential — Loud Talking
311MEDIUMNov 29, 2025
Noise - Residential — Banging/Pounding
311MEDIUMNov 10, 2025
Noise - Residential — Loud Talking
311MEDIUMOct 29, 2025
APPLIANCE — REFRIGERATOR
311MEDIUMOct 29, 2025
DOOR/WINDOW — DOOR

07 / 09

History of the building.

10 / 10

Frequently asked questions.

What is the rent for a studio at 240 MADISON STREET, Brooklyn, NY, 11216?
Based on recent listing data, rent for a studio at 240 MADISON STREET, Brooklyn, NY, 11216 ranges from $2,210 to $2,990 per month, with a median of $2,600.
What is the rent for a 1-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216?
Based on recent listing data, rent for a 1-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216 ranges from $2,304 to $3,116 per month, with a median of $2,710.
What is the rent for a 2-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216?
Based on recent listing data, rent for a 2-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216 ranges from $2,550 to $3,450 per month, with a median of $3,000.
What is the rent for a 3-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216?
Based on recent listing data, rent for a 3-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216 ranges from $3,179 to $4,301 per month, with a median of $3,740.
What is the rent for a 4-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216?
Based on recent listing data, rent for a 4-bedroom at 240 MADISON STREET, Brooklyn, NY, 11216 ranges from $3,426 to $4,635 per month, with a median of $4,030.
How does rent at 240 MADISON STREET, Brooklyn, NY, 11216 compare to the neighborhood?
Compared to other buildings in the 11216 zip code: 1-bedroom rents are about 18% below the neighborhood median; 2-bedroom rents are about 20% below the neighborhood median; 3-bedroom rents are about 15% below the neighborhood median.
Is 240 MADISON STREET, Brooklyn, NY, 11216 rent stabilized?
Yes, 240 MADISON STREET, Brooklyn, NY, 11216 is rent stabilized with 8 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.
When is the cheapest time to rent at 240 MADISON STREET, Brooklyn, NY, 11216?
Based on historical listing data, February tends to be the most affordable month to sign a lease at 240 MADISON STREET, Brooklyn, NY, 11216, while June is typically the most expensive. Timing your move to February could save approximately 8% compared to peak pricing.
Who is the landlord of 240 MADISON STREET, Brooklyn, NY, 11216?
The registered owner of 240 MADISON STREET, Brooklyn, NY, 11216 is 240 MADISON PARTNERS LLC. You can view their full portfolio of buildings on Lucid Rents.
Is the landlord of 240 MADISON STREET, Brooklyn, NY, 11216 a good landlord?
240 MADISON STREET, Brooklyn, NY, 11216, owned by 240 MADISON PARTNERS LLC, has an overall grade of B (3.9/5) on Lucid Rents. The building has 39 recorded violations. Tenants have left 5 reviews. Check tenant reviews for firsthand experiences.
What is the building rating for 240 MADISON STREET, Brooklyn, NY, 11216?
240 MADISON STREET, Brooklyn, NY, 11216 has an overall grade of B with a score of 3.9 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Are there violations or complaints at 240 MADISON STREET, Brooklyn, NY, 11216?
Yes, 240 MADISON STREET, Brooklyn, NY, 11216 has 39 housing violations and 140 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
What amenities does 240 MADISON STREET, Brooklyn, NY, 11216 have?
240 MADISON STREET, Brooklyn, NY, 11216 offers 3 amenities including Pet Friendly, Good Cause, Rent Stabilized. View the full amenity list on the building page.
Does 240 MADISON STREET, Brooklyn, NY, 11216 allow pets?
240 MADISON STREET, Brooklyn, NY, 11216 lists pet-friendly amenities (Pet Friendly). Contact the building management to confirm current pet policies and any breed or size restrictions.
What schools are near 240 MADISON STREET, Brooklyn, NY, 11216?
There are 10 schools near 240 MADISON STREET, Brooklyn, NY, 11216, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include P.s. K140 (6 min walk), P.s. K140 (6 min walk), P.s. 093 William H. Prescott (9 min walk), Restoration Academy (9 min walk), Uncommon Collegiate Chs (1 min walk), and more.
What public transit is near 240 MADISON STREET, Brooklyn, NY, 11216?
240 MADISON STREET, Brooklyn, NY, 11216 has 4 transit options nearby. The closest include: bus: NOSTRAND AV/FULTON ST (B44-SBS, B44), 0.34 mi away.
Is 240 MADISON STREET, Brooklyn, NY, 11216 safe? What is the crime rate nearby?
The 11216 zip code where 240 MADISON STREET, Brooklyn, NY, 11216 is located had 3,212 crime incidents in the past 2 years, including 266 violent crimes, 1,051 property crimes, and 1,895 quality-of-life incidents. Check the neighborhood report card for 11216 for full details.
When was 240 MADISON STREET, Brooklyn, NY, 11216 built and how many units does it have?
240 MADISON STREET, Brooklyn, NY, 11216 was built in 1899, has 4 floors, contains 8 total units.
What do tenants say about living at 240 MADISON STREET, Brooklyn, NY, 11216?
240 MADISON STREET, Brooklyn, NY, 11216 has 3 tenant reviews with an average rating of 4.0 out of 5. 0 out of 3 reviewers would recommend this building.

09 / 09

Frequently asked questions.

10 / 10

NYC-specific insights.

Rent stabilization and seismic safety

Rent stabilizationProtected

DHCR registration & tenant protections

Yes

rent stabilized

stabilized units

2024

since

Stabilized units have annual rent-increase caps set by the Rent Guidelines Board and lease-renewal rights.

09 / 10

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08 / 09

Similar buildings nearby.

Embed this building’s record

Drop this scorecard into a tenant guide, blog post, or wiki. It updates itself as new violations are filed.

<iframe src="https://lucidrents.com/embed/building/088e43d2-0eaf-4827-8e98-0ea462775d8f" width="100%" height="220" style="border:1px solid #e2e8f0;border-radius:12px" title="240 MADISON STREET, Brooklyn, NY, 11216 — LucidRents building record" loading="lazy"></iframe>

Building record last updated September 26, 2026. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.