








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Brooklyn at 1 1st Pl APT 7, Brooklyn, NY, 11231 at $799,000 posts ROI 12.73% with from $3,730/mo rent. Total monthly income equals $3,730/mo. Return on cash invested measures 12.73% and rental yield reads 5.6% at the current $799,000. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 by year five. Five-year ROI prints 64.97% and total cumulative return in cash totals $170,790. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,730/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11231, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,446 (100%) |
| Owner Occupied HU | 4,101 (23.5%) |
| Renter Occupied HU | 12,031 (69.0%) |
| Vacant Housing Units | 1,314 ( 7.5%) |
| Median Home Value | $1,765,973 |
| Average Home Value | $1,624,888 |
Residential
15,312
Single Family
3,858
Multi-Family
11,454
Businesses
1,468
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Laura Maggio • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1799846