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242 Patchen Avenue, Brooklyn, NY 11233 Property Information

Also known as: 431 Decatur St, Brooklyn, NY 11233

242 Patchen Avenue, Brooklyn, NY 11233 Property Information

Also known as: 431 Decatur St, Brooklyn, NY 11233

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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242 Patchen Avenue, Brooklyn, NY 11233 1
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Address

Primary address 242 Patchen Avenue
Secondary address 431 Decatur St
Neighborhood Bedford-Stuyvesant
Zip code 11233
Borough Brooklyn
Block & lot 01677-0047

Sales & Tax Overview for 242 Patchen Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 11/02/2006
Purchase price $5,015,292 - M
Tax class

Lot & Building Information for 242 Patchen Avenue, Brooklyn

Lot sq. ft. 2,500
Lot dimensions 25 ft x 100 ft
Property type Walk-up Apartment - Over Six Families with Stores (C7)
Building sqft 9,000
Building dimensions 25 ft x 90 ft
Buildings on lot 1
Stories 4
Year built 1910
Year last altered 1993
Construction type
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Zoning & Use for 242 Patchen Avenue, Brooklyn

Zoning
Residential units (DOF) 7
Regulatory status Rent stabilized
Stabilized units 8
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 16
Community district 3
Closest police station 0.46 Miles
Closest fire station 0.51 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 242 Patchen Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 242 Patchen Avenue, Brooklyn, NY 11233, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 242 Patchen Avenue, Brooklyn, NY 11233, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 431 Decatur St, Brooklyn, NY 11233

About 242 Patchen Avenue, Brooklyn

How many sq. ft. does 242 Patchen Avenue, Brooklyn, NY 11233 have & what is the price per sq. ft?

This Walk-up Apartment - Over Six Families with Stores (C7) located at 242 Patchen Avenue, Brooklyn, NY 11233 has a total of 9,000 square feet and a current price per square foot of $557.

What is the year built & the current market value of 242 Patchen Avenue, Brooklyn, NY 11233?

242 Patchen Avenue, Brooklyn, NY 11233 was built in 1910 and has a current tax assessor's market value of $2,165,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 242 Patchen Avenue, Brooklyn

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Property owner name for 242 Patchen Avenue, Brooklyn, NY 11233
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Building contacts for 242 Patchen Avenue, Brooklyn, NY 11233
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 242 Patchen Avenue, Brooklyn

Create a free account to view the complete sales history for 242 Patchen Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/02/2006 $5,015,292

Title Documents for 242 Patchen Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
04/03/2008 - R
03/17/2008 - D
Agreement
(2008032500386001)
11/22/2006 - R
11/02/2006 - D
Satisfaction of Mortgage
(2006110600288010)
11/22/2006 - R
11/02/2006 - D
Satisfaction of Mortgage
(2006110600288009)
11/22/2006 - R
11/02/2006 - D
Satisfaction of Mortgage
(2006110600288008)
11/22/2006 - R
11/02/2006 - D
Satisfaction of Mortgage
(2006110600288007)
11/22/2006 - R
11/02/2006 - D
Termination of Assign of L&R
(2006110600288006)
11/22/2006 - R
11/02/2006 - D
Agreement
(2006110600288005)
11/22/2006 - R
11/02/2006 - D
Release
(2006110600288004)
11/22/2006 - R
11/02/2006 - D
Agreement
(2006110600288003)
11/22/2006 - R
11/02/2006 - D
Mortgage
(2006110600288002)
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R: Recorded date
D: Document date

Property Taxes for 242 Patchen Avenue, Brooklyn

Access detailed property tax data for 242 Patchen Avenue, Brooklyn, NY 11233. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $34,757
Tax assessor's market value: $2,165,000
Assessed value: $974,250

Assessment History for 242 Patchen Avenue, Brooklyn

Here's the assessment & property tax history for 242 Patchen Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $1,804,000 $811,800 $258,722 12.439% $32,182 $32,182 +7.47%
2024/25 $1,503,600 $676,620 $239,558 12.5% $29,945 $29,945 -0.02%
2023/24 $1,253,000 $563,850 $239,558 12.502% $29,950 $29,950 +5.18%
2022/23 $1,044,000 $469,800 $232,132 12.267% $28,476 $28,476 +8.28%
2021/22 $835,300 $375,885 $214,938 12.235% $26,298 $26,298 +7.72%

Permits for 242 Patchen Avenue, Brooklyn

The complete history of permits filed for 242 Patchen Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
02/25/2005 Alteration type 1
02/25/2005 Alteration type 1
09/30/1999 Alteration type 1
03/31/1999 Alteration type 1
04/19/1996 Alteration type 2
08/17/1992 Alteration type 2
04/21/1992 Alteration type 2
03/26/1992 Alteration type 2
02/08/1991 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Utica Ave & Fulton St at NW Corner
Station lines A-C
Distance (miles) 0.281
View subway map

Neighbors for 242 Patchen Avenue, Brooklyn

Here are the neighbors for 242 Patchen Avenue, Brooklyn, NY 11233.

Address Square feet Purchase date Purchase price
423 Decatur St, Brooklyn 2,535 10/27/2022
421 Decatur St, Brooklyn 2,415 01/15/2013 $789,000
419 A Decatur St, Brooklyn 2,343 12/31/2014
490 Mac Donough St, Brooklyn 2,584 08/19/2024 $1,999,000
488 Mac Donough St, Brooklyn 2,712 06/01/2015
484 Mac Donough St, Brooklyn 2,106 03/04/2006
427 Decatur St, Brooklyn 2,439 01/22/2019
425 Decatur St, Brooklyn 2,355 09/28/1998
506 Mac Donough St, Brooklyn 17,300
494 Mac Donough St, Brooklyn 3,450 01/27/2017 $1,200,000
492 Mac Donough St, Brooklyn 2,584 06/02/1999
482 Mac Donough St, Brooklyn 2,420 03/01/1984
419 Decatur St, Brooklyn 2,343 03/26/2018 $1,100,000
496 Mac Donough St, Brooklyn 3,640 07/12/2017
429 Decatur St, Brooklyn 2,625 04/23/2026 $2,525,000
486 Mac Donough St, Brooklyn 2,106 04/19/2007
480 A Mac Donough St, Brooklyn 2,332 01/16/2026 $1,825,000
415 Decatur St, Brooklyn 2,463 04/19/2025
425 A Decatur St, Brooklyn 2,391 12/26/1981
417 Decatur St, Brooklyn 2,343 02/19/1980
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