66 Patchen Avenue • Brooklyn, NY 11221

$3,180,000 • Beds: 0 • Baths: • Sq. Feet: 0 • MLS ID: 1011513 • Subdivision: • School Dist: Brooklyn 16
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 View this listing at: http://www.laffey.com/lid=187383751

Property Features

  • Taxes: $14,579
  • Basement: Yes
  • Exterior: Brick
  • Lot Size: 0.07 Acres
  • Heating: Electric,ENERGY STAR Qualified Equipment
  • Cooling: Electric,ENERGY STAR Qualified Equipment,Multi Uni
  • Year Built: 1931
  • Water: Public
  • Sewer: Public Sewer
  • Stories: 4.0
  • Units: 8
  • On Market Date: 2026-06-10
  • Appliances: Dishwasher,Gas Cooktop,Gas Oven,Microwave,Refrigerator,Stainless Steel Appliance(s)
  • Basement: Full,Partially Finished,Storage Space
  • Building Area Total: 8800
  • Cap Rate: 7
  • Flooring: Wood
  • Separate Electric Meters: 9
  • Separate Gas Meters: 8
  • Parcel Number: 01627-0050
  • Parking Features: On Street
  • Property Attached Y/N: 1
  • Rental Term: Monthly
  • Utilities: Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected
  • Seller Concession: Yes

School Information

  • 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
Printed June 11, 2026

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