Brooklyn / Bedford-Stuyvesant (East) / 11221
12 PATCHEN AVENUE
What has sold here
Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 31 Jul 2023 | $1,950,000 | - | APARTMENT BUILDING | RPTT&RET |
| 11 Jul 2013 | $1,104,371 | - | APARTMENT BUILDING | RPTT |
| 15 Mar 2007 | $439,650 | - | APARTMENT BUILDING | RPTT |
- RPTT&RET
- BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
- RPTT
- NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2023 | 1 | $1,950,000 | - | - |
| 2013 | 1 | $1,104,371 | - | - |
| 2007 | 1 | $439,650 | - | - |
The building on the lot
Section through the lot
Assessment
Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.
Classification and location
Other buildings in Bedford-Stuyvesant (East)
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 88 CHAUNCEY STREET | D1 | 287 | 1974 | 2 | - |
| 721 WILLOUGHBY AVENUE | D6 | 267 | 1976 | 1 | - |
| VERNON AVENUE | D6 | 267 | 1976 | 0 | - |
| 942 DEKALB AVENUE | D3 | 248 | 1962 | 0 | - |
| FULTON STREET | D1 | 248 | 1980 | 0 | - |
| 95 MARCUS GARVEY BLVD | D3 | 234 | 1951 | 0 | - |
| 1100 MYRTLE AVENUE | RM | 233 | 2022 | 0 | - |
| FULTON STREET | D1 | 213 | - | 0 | - |
| 75 LEWIS AVENUE | D7 | 205 | 2021 | 0 | - |
| 510 QUINCY STREET | D7 | 192 | 1974 | 0 | - |
| 113 LEWIS AVENUE | D3 | 187 | 1964 | 0 | - |
| 281 MARCUS GARVEY BLVD | D1 | 175 | 1972 | 3 | - |