NOT LISTED FOR SALE

174 Patchen Ave Unit 2 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,578,000 - $2,179,000

2 Beds
1 Bath
800 Sq Ft
$2,300/Sq Ft Est. Value

About This Home

As of September 2021

This newly renovated two-bedroom one bath apartment in Stuyvesant Heights is conveniently located near Gates Avenue J/Z and Utica Avenue station A/C. This 800 square foot home offers an open kitchen and living room area, and its large windows welcome a wealth of natural light. The classically styled kitchen is equipped with stainless steel appliances and has ample cabinetry. The bathroom follows similar design lines and features well-crafted subway tiled walls and floors. Both bedrooms provide an abundance of sunlight and storage space.

There are several parks nearby; including Fulton park, which features a dog run. This property is located near several establishments including L'Antagoniste, which is a French restaurant serving high-end traditional dishes as well as new and old world wines. A few blocks away Casablanca cocktail lounge and The Wilky offer a wide array of drinks and snacks for your evening entertainment. Morning coffee can be found down the street at Manny's or at nearby at Zabka coffee or Milk & Pull Bed-Stuy. With the nearest grocery store a short two blocks, this up-and-coming neighborhood can't be beaten.

Last Agent to Rent the Property

Tali Berzak

Compass License #10301209148 Listed on: 09/15/2021

Compass

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,466

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Property Available on 9/15/21
  • Legal Lot and Block 50 / 1657

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,466

Year Built

Built in 1899

Lot Details

0

Rental Info

  • Available Date: 2021-09-15

Listing Details

  • Cross Street: Jefferson Avenue/Hancock Street
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • New Construction: No
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1657
  • Tax Lot: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2018
Sold by
Owie Uyinmwen T
Bought by
Palazzo Christopher
Current Estimated Value
$1,840,135

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
Outstanding Balance
$838,895
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$890,192

Purchase Details

Closed on
May 27, 2011
Sold by
718 Development Group Llc
Bought by
Owie Uyinmwen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,540
Interest Rate
4.81%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2010
Sold by
Pape Christopher
Bought by
718 Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2008
Sold by
Harbour Charles
Bought by
Pape Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Palazzo Christopher $1,200,000 --
Owie Uyinmwen T $569,000 --
718 Development Group Llc $148,000 --
Pape Christopher $730,000 --
Harbour Charles $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palazzo Christopher $465,000
Open Palazzo Christopher $960,000
Closed Palazzo Christopher $120,000
Previous Owner Owie Uyinmwen T $554,540
Previous Owner 718 Development Group Llc $160,000
Previous Owner Pape Christopher $584,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Rented -- -- --
08/30/2020 08/30/20 Under Contract -- -- --
01/25/2019 01/25/19 For Rent $2,250 -- --
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 $8,466 $98,520 $15,000 $83,520
2024 $8,466 $99,000 $15,000 $84,000
2023 $8,076 $121,500 $15,000 $106,500
2022 $7,738 $98,700 $15,000 $83,700
2021 $7,962 $76,200 $15,000 $61,200
2020 $3,895 $86,880 $15,000 $71,880
2019 $7,348 $89,340 $15,000 $74,340
2018 $6,755 $33,139 $5,006 $28,133
2017 $6,585 $32,302 $7,698 $24,604
2016 $6,302 $31,526 $10,143 $21,383
2015 $1,600 $31,526 $10,453 $21,073
2014 $1,600 $30,779 $10,732 $20,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10509841

Real Estate Board of New York (REBNY)

APN: 01657-0050