MLS#1011513
STATUSActive
PROPERTY TYPECommercial -
SCHOOLBrooklyn 16
Property Description
Investor Delight! This updated 4 Story Brick 8 Unit Multi-family is between Bushwick & Bedford Stuyvesant near J & Z subway station. It contains 22 bedrooms and 13 bathrooms, all occupied with 5 free-market rent and 3 Rent Stabilized units, 5 of the free-market was Fully Gut Renovated & New Roof around 2018, also the common area was updated, new intercom system, new kitchen, dishwasher & new separate AC/Heat systems . This Is High Income Building, around 7% Cap Rate return, Yearly Income $265,640, Expenses $42,800 , and NOI $222,340. Building Size:30X73.33
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Full, Partially Finished, Storage Space
Cooling: Electric, ENERGY STAR Qualified Equipment, Multi Uni
Heating: Electric, ENERGY STAR Qualified Equipment
Home Style: Mid Rise
Lot Size: 0.07 Acres
Stories: 4.0
Taxes: $14,579
Year Built: 1931
Feature Descriptions
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
Building Area Total: 8800
Cap Rate: 7
Exterior: Brick
Flooring: Wood
On Market Date: 2026-06-10
Parcel Number: 01627-0050
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 9
Separate Gas Meters: 8
Sewer: Public Sewer
Units: 8
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Water: Public
Local Schools
High School: Boys And Girls High School
Middle School: Madiba Prep Middle School
Elementary School: Ps 309 George E Wibecan Prep
School District: Brooklyn 16
Listed By / Shown By
Listing By
Agency Name: Sany Realty Group LLC
Agency Contact: 718-799-0726
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
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66 Patchen Avenue | MLS# 1011513
This commercial property located at 66 Patchen Avenue , Brooklyn, NY 11221 is currently listed for sale with an asking price of $3,180,000. Patchen Avenue is located within the Brooklyn 16 school district. Search Brooklyn real estate on www.coldwellbankerchoice.com today.