$1,125,000
OPEN SUN 3PM - 4PM $70K PRICE DROP

Estimated payment $6,652/month

Total Views 3,192
5 Beds
4 Baths
2,025 Sq Ft
$556 Price per Sq Ft

Highlights

  • Wood Flooring
  • Central Air
  • No Heating
  • Private Yard

About This Home

103A Patchen Ave. is the perfect trifecta of versatility, opportunity, and affordability for an end-user, investor, or both! Delivered vacant, this property allows for immediate occupancy or renovation without the hassle of tenant relocation.

Currently configured as a two-family home consisting of a one-bedroom with a private backyard and a four-bedroom, three-bathroom duplex, the property offers flexible use as a three-story single-family residence or can be easily restored to its original layout: a two-bedroom, two-bathroom duplex and a three-bedroom, two-bathroom duplex.

In total, the property features five bedrooms and four full bathrooms. Originally, the first apartment was a two-bedroom, two-bathroom duplex with a primary ensuite bedroom located upstairs. The upper apartment was configured as a three-bedroom, two-bathroom duplex. A washer/dryer hook-up is available in the walk-in closet on the third floor.

Each of the two existing units has its own private entrance, generously-sized living and bedroom areas, and open kitchens with full-sized stainless steel appliances. Both units are equipped with central heating and cooling systems. Enter the upper apartment from the parlor floor, which includes the living room, a kitchen with an adjacent bathroom, and another bedroom with an ensuite bathroom. The top floor offers three additional bedrooms and a full bathroom. The stairwell between the first and second floors is currently closed off but can be reopened to connect the levels.

Located on a quiet residential block in Stuyvesant Heights, 103A Patchen Ave. is just around the corner from P.O. Reinaldo Salgado Playground and community garden. Passionfruit Coffee shop is only a block away, Blink Fitness is two blocks away, and the J & Z subway lines are a short three-block stroll. Bed-Stuy continues to be a prime area for investment and long-term value, with a vibrant community and strong potential for property appreciation.

This home is priced to sell and will not last!

Listing Agent

James Hawver

Compass License #10401388030 Listed on: 05/02/2025

Compass

Co-Listing Agent

Sean Brewer

Compass License #10301208496

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,828

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 18.750000x60.000000
  • Private Yard

Home Design

  • Triplex

Interior Spaces

  • 2,025 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air
  • No Heating

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 01638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,828

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Entry Level: 1
  • Structure Type: Multi Family, Townhouse, Triplex
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Walk-In Closet(s)
  • Appliances: Refrigerator
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2025.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft, Private Yard
  • Property Condition: Good Condition

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 18.750000x60.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 2005

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01638
  • Tax Lot: 3
  • Tax Annual: 6828.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,837 $62,580 $14,520 $48,060
2024 $6,837 $73,620 $14,520 $59,100
2023 $6,914 $90,300 $14,520 $75,780
2022 $4,931 $72,780 $14,520 $58,260
2021 $5,546 $79,800 $14,520 $65,280
2020 $2,671 $66,720 $14,520 $52,200
2019 $4,567 $53,040 $14,520 $38,520
2018 $5,783 $28,368 $7,946 $20,422
2017 $5,577 $27,360 $9,222 $18,138
2016 $5,310 $26,561 $11,159 $15,402
2015 $3,113 $25,058 $15,786 $9,272
2014 $3,113 $23,640 $16,140 $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $1,125,000 -5.9% $556 / Sq Ft
05/02/2025 05/02/25 For Sale $1,195,000 +34.4% $590 / Sq Ft
04/20/2022 04/20/22 Off Market $889,000 -- --
12/28/2016 12/28/16 Sold $889,000 -18.4% --
11/28/2016 11/28/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $1,090,000 -- --
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed $889,000 --
Deed $630,000 --
Deed $630,000 --
Deed $410,000 --
Deed $410,000 --
Foreclosure Deed $320,000 --
Foreclosure Deed $320,000 --
Deed $650,000 --
Deed $650,000 --
Deed $40,000 --
Deed $40,000 --
Deed $50,000 --
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $666,750 Purchase Money Mortgage
Previous Owner $89,900 Unknown
Previous Owner $410,000 New Conventional
Previous Owner $97,500 No Value Available
Previous Owner $520,000 Purchase Money Mortgage
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20020794

Real Estate Board of New York (REBNY)

APN: 01638-0003