Attention investors, contractors and value-add buyers! This spacious Brooklyn property presents an exceptional opportunity to restore and reposition a classic property with tremendous upside. Currently occupied and utilized as a two-family, the property offers potential for a three-family configuration, subject to verification of legal use, zoning, permits and all applicable NYC approvals. Property is being sold strictly AS-IS. Seller will make no repairs or representations regarding future use. With the right renovation plan, this property offers substantial potential for increased rental income, long-term appreciation or resale. Bring your contractor, your architect and your vision, this is an opportunity to restore a property with character and unlock its full potential. Property brochure available upon request with actual photos of the interior. Cash Only!
In contract
$1,250,000
183 Patchen Ave, Brooklyn, NY 11233
5beds
2,496sqft
Multi Family
Built in 1899
-- sqft lot
$1,248,600 Zestimate®
$501/sqft
$-- HOA
What's special
- 47 days
- 382
- 27
Zillow last checked:
Listing updated:
Listed by:
Peoples Realty & Associates 516-447-1575,
Chrystina Peoples
Source: StreetEasy,MLS#: S1848811
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has fireplace: No
Interior area
- Total structure area: 2,496
- Total interior livable area: 2,496 sqft
Property
Details
- Parcel number: 016630009
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1899
Community & HOA
Community
- Subdivision: Stuyvesant Heights
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $501/sqft
- Tax assessed value: $1,740,000
- Annual tax amount: $3,697
- Date on market: 9/21/2026
Estimated market value
$1,248,600
$1.19M - $1.31M
$4,519/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2026 | Contingent | $1,250,000$501/sqft |
Source: StreetEasy #S1848811 Report a problem | ||
| 10/20/2026 | Pending sale | $1,250,000$501/sqft |
Source: | ||
| 10/10/2026 | Price change | $1,250,000+0%$501/sqft |
Source: | ||
| 9/21/2026 | Listed for sale | $1,249,999$501/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,697 +4.4% | $104,400 -1.5% |
| 2024 | $3,540 | $106,020 +3.9% |
| 2023 | -- | $102,000 +22.2% |
| 2022 | -- | $83,460 -8.8% |
| 2021 | -- | $91,560 -2.6% |
| 2020 | $3,286 +5.7% | $93,960 +11.9% |
| 2019 | $3,109 +1.2% | $84,000 +471.9% |
| 2018 | $3,073 +7.9% | $14,688 +5.1% |
| 2017 | $2,848 +6.2% | $13,971 +1.9% |
| 2016 | $2,681 | $13,712 +6% |
| 2015 | $2,681 +68.7% | $12,938 +5.7% |
| 2014 | $1,590 | $12,240 |
| 2013 | -- | $12,240 +5.1% |
| 2012 | -- | $11,643 +1.9% |
| 2011 | -- | $11,427 +6% |
| 2010 | -- | $10,782 +5.7% |
| 2009 | -- | $10,200 |
| 2008 | -- | $10,200 +5.1% |
| 2007 | -- | $9,703 +1.9% |
| 2006 | -- | $9,523 +6% |
| 2005 | -- | $8,985 +5.7% |
| 2004 | -- | $8,500 |
| 2003 | -- | $8,500 +5.1% |
| 2002 | -- | $8,086 +1.9% |
| 2001 | -- | $7,936 +6% |
| 2000 | -- | $7,488 |
Find assessor info on the county website







