Patrick Germain
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66 Patchen Avenue , Brooklyn, NY 11221

$3,180,000
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Patrick Germain
Call: (917) 364-1036
Text: (917) 364-1036

New to the Market
BEDS0 BATHS MLS#1011513
STATUSActive PROPERTY TYPECommercial - SCHOOLBrooklyn 16
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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

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 patrickgermain.laffey.com today.

Property Features

Property Type: Commercial -
Basement: Full, Partially Finished, Storage Space
Basement: Yes
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
Days on Site: 6
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

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Preferred Communication Method

Listed By / Shown By

Listing By

Agency Name: Sany Realty Group LLC
Agency Contact: 718-799-0726

Shown By

Agent Name: Patrick Germain
Agent Phone: (917) 364-1036
Agency Title: Laffey Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/17/2026. The listing information on this page last changed on 06/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/17/2026 12:00:09 AM EST) or OneKey MLS (last updated Tue 06/16/2026 11:53:24 PM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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