316 Patchen Avenue

Owner: Mordechai Schwimmer

Debt: March 31, 2026, $10.4 million

Built: 1930

Renovated: 2015

SF: 5,800

Dwelling units: 8

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 3

Transactions:

• Mordechai Schwimmer borrowed $10.4 million from Goldman Sachs for 316 Patchen Avenue, 1689 Sterling Place, 664 Rutland Road, and 668 Rutland Road, Bedford Stuyvesant, Brooklyn on March 31, 2026.

Development:

• Mordechai Schwimmer filed major alteration job 321171094 for 5,312 sqft R-2 building with 8 apartments in Bedford Stuyvesant, Brooklyn, on July 14, 2015.

• Issac Assyag filed major alteration job 301149601 for RES building with 4 apartments in Bedford Stuyvesant, Brooklyn, on March 21, 2001.

• Mordechai Schwimmer filed alteration job 321168259 for RES building with 4 apartments in Bedford Stuyvesant, Brooklyn, on July 21, 2015.

Violations:

According to city public data, the properties have received four housing violations and $900 in OATH penalties in the last year.