NOT LISTED FOR SALE

214 Patchen Ave Brooklyn, NY 11233

Bed-Stuy Neighborhood

Estimated Value: $1,561,000 - $2,275,000

1 Bed
1 Bath
2,440 Sq Ft
$800/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $950,000 $389 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $11,017/month

33 Days on Market

About This Home

As of July 2021

20 x 45 Two Family Brick home in need of a complete gut renovation sitting on a 20 x 80 lot with R6B zoning and FAR up to 3,200 sq ft. There is currently a full vacate order due to an interior collapse of the roof and floor joists from the 1st and 2nd floors to the basement. *** Building, lot and zoning/FAR information obtained from PropertyShark.

Last Agent to Sell the Property

Joseph Dima

Corcoran Group License #10301216039 Listed on: 03/19/2021

Corcoran Group

Co-Listed By

Josiane Lysius

Corcoran Group License #10301203463

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,576

Year Built

  • Built in 1899

Lot Details

  • 1,612

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • 2-Story Property
  • Lot Dimensions are 80.0 x 20.0

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,576

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Macon Street & Mac Donough Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Rooms (Total): 1

Beds/Baths

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

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 80.0 x 20.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 1672

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Skyline 555 Llc
Bought by
Islam Mohammed
Current Estimated Value
$1,952,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,379,339
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$424,794

Purchase Details

Listed on
Mar 19, 2021
Closed on
Jul 26, 2021
Sold by
Steglich Elsa L
Bought by
Skyline 555 Llc
Seller's Agent
Joseph Dima
Corcoran Group
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.25%
Original Mortgage
$800,000
Interest Rate
2.9%
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
Islam Mohammed -- --
Islam Mohammed -- --
Skyline 555 Llc $850,000 --
Skyline 555 Llc $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Mohammed $1,400,000
Closed Islam Mohammed $1,400,000
Previous Owner Skyline 555 Llc $1,250,000
Previous Owner Skyline 555 Llc $800,000
Previous Owner Steglich Elsa L $290,000
Previous Owner Steglich Elsa L $230,000
Previous Owner Steglich Elsa L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $950,000 0.0% $389 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $950,000 -- $389 / 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 $4,576 $110,040 $19,980 $90,060
2024 $4,576 $105,180 $19,980 $85,200
2023 $4,627 $104,760 $19,980 $84,780
2022 $4,291 $85,740 $19,980 $65,760
2021 $4,478 $66,180 $19,980 $46,200
2020 $3,359 $55,320 $19,980 $35,340
2019 $3,972 $43,980 $19,980 $24,000
2018 $3,870 $18,987 $5,536 $13,451
2017 $3,652 $17,914 $4,635 $13,279
2016 $3,545 $17,733 $6,196 $11,537
2015 $2,038 $16,744 $8,775 $7,969
2014 $2,038 $15,823 $9,957 $5,866
Source: Public Records

Agents Affiliated with this Home

  • Joseph Dima

    Seller's Agent in 2021

    Joseph Dima

    Corcoran Group

    (917) 923-0120

    16 in this area

    51 Total Sales

    Section Image
  • Josiane Lysius

    Seller Co-Listing Agent in 2021

    Josiane Lysius

    Corcoran Group

    (917) 817-8944

    15 in this area

    49 Total Sales

    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10707062

Real Estate Board of New York (REBNY)

APN: 01672-0045

New York Kings County Brooklyn 11233 Bed-Stuy

214 Patchen Ave, Brooklyn, NY

This home is located at 214 Patchen Ave, Brooklyn, NY 11233 since 19 March 2021 and is currently estimated at $1,952,026, approximately $800 per square foot. This property was built in 1899. 214 Patchen Ave is a home located in Kings County with nearby schools including P.S. 262 El Hajj Malik El Shabazz Elementary School, Excellence Boys Charter School Academy, and Excellence Girls Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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