NOT LISTED FOR SALE

107 Patchen Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,237,000 - $1,625,000

8 Beds
3 Baths
2,739 Sq Ft
$539/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $1,325,000 $484 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,677/month

263 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • Building Terrace
  • Terrace

About This Home

As of September 2021

Great Investment Opportunity.

Seller ready to make a deal!!

Enjoy City Living In This Stunning Multi Family Townhouse Situated At The Heart Of Desirable Bedstuy. Fully Updated Specious 8 Bedrooms & 3 Full Baths. Skylights Views, New Roof, Luxurious Hardwood Floors Throughout, Modern High End Kitchen With Stainless Steel Appliances. Camera Security And Intercom System. 2 Blocks Away Of J & M Trains. Split Heating And Cooling Systems. Close To Restaurants Bars And Shopping.

Co-Listed By

Mordechai Werde

Compass License #10301210621

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,809

Year Built

  • Built in 1931

Lot Details

  • 1,133

Home Design

  • Pre War Building

Interior Spaces

  • 2,739 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Terrace
  • Lot Dimensions are 18.75 x 60.0

Community Details

  • Stuyvesant Heights Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 1 / 1638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,809

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Cross Street: Gates Avenue/Monroe Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 2739.0
  • Living Area Units: Square Feet
  • Rooms (Total): 17

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 8

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 18.75 x 60.0

Building Info

  • Total Stories: 3
  • Year Built: 1931

Tax Info

  • Tax Block: 1638
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2020
Closed on
Sep 17, 2021
Sold by
Netz Fund 107 Patchen Llc
Bought by
Frankson Nigel W and Nowell Tiffany M
List Price
$1,325,000
Sold Price
$1,325,000
Current Estimated Value
$1,530,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,748
Avg. Annual Appreciation
2.77%
Original Mortgage
$993,750
Outstanding Balance
$908,172
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$568,736

Purchase Details

Closed on
Dec 26, 2017
Sold by
Gurevitch Menachem
Bought by
Netz Fund 107 Patchen Llc

Purchase Details

Closed on
Feb 2, 2016
Sold by
Netz Fund 107 Patchen Llc
Bought by
Gurevitch Menachem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2015
Sold by
107 Patchen Holdings Corp
Bought by
Netz Fund 107 Patchen Llc

Purchase Details

Closed on
Oct 14, 2013
Sold by
Active One Resolution Corp
Bought by
107 Patchen Holdings Corp

Purchase Details

Closed on
Jun 22, 2008
Sold by
Ali Bibi S
Bought by
Active One Resolution Corp

Purchase Details

Closed on
Aug 15, 2007
Sold by
Shaw Jameran
Bought by
Ali Bibi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,250
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2003
Sold by
Galil Llc
Bought by
Blackman Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frankson Nigel W $1,325,000 --
Netz Fund 107 Patchen Llc -- --
Gurevitch Menachem -- --
Netz Fund 107 Patchen Llc $800,000 --
107 Patchen Holdings Corp $375,000 --
107 Patchen Holdings Corp $375,000 --
Active One Resolution Corp -- --
Active One Resolution Corp -- --
Ali Bibi S $790,000 --
Ali Bibi S $790,000 --
Blackman Richard $479,000 --
Blackman Richard $479,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankson Nigel W $993,750
Previous Owner Gurevitch Menachem $5,000
Previous Owner Gurevitch Menachem $960,000
Previous Owner Ali Bibi S $736,250
Previous Owner Blackman Richard $427,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $1,325,000 0.0% $484 / Sq Ft
12/27/2020 12/27/20 For Sale $1,325,000 -- $484 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

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 $4,809 $112,680 $16,080 $96,600
2024 $4,809 $100,740 $16,080 $84,660
2023 $4,825 $109,260 $16,080 $93,180
2022 $4,475 $90,660 $16,080 $74,580
2021 $4,451 $79,980 $16,080 $63,900
2020 $2,087 $72,900 $16,080 $56,820
2019 $4,174 $57,960 $16,080 $41,880
2018 $4,036 $19,800 $5,328 $14,472
2017 $3,808 $18,680 $5,767 $12,913
2016 $3,523 $17,623 $7,345 $10,278
2015 $2,125 $16,626 $10,409 $6,217
2014 $2,125 $16,626 $12,480 $4,146
Source: Public Records

Agents Affiliated with this Home

  • Mordechai Werde

    Seller Co-Listing Agent in 2021

    Mordechai Werde

    Compass

    (347) 401-4033

    3 in this area

    20 Total Sales

    Mordechai Werde
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10833000

Real Estate Board of New York (REBNY)

APN: 01638-0001

New York Kings County Brooklyn 11221 Bed-Stuy

107 Patchen Ave, Brooklyn, NY

This home is located at 107 Patchen Ave, Brooklyn, NY 11221 since 27 December 2020 and is currently estimated at $1,476,908, approximately $539 per square foot. This property was built in 1931. 107 Patchen Ave is a home located in Kings County with nearby schools including P.S. 309 George E. Wibecan Preparatory Academy, Excellence Girls Charter School, and Brooklyn Excelsior Charter School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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