








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


Rental property for sale in Brooklyn at 100 Ocean Pkwy APT 3J, Brooklyn, NY, 11218 priced at $550,000 converts $3,073/mo rent into after a $2,692/mo obligation. Total monthly income equals $3,073/mo. Return on cash invested prints 10.94% in year one, and rental yield reads 6.7% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 57.26% and total cumulative return in cash sums $103,606. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,073/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
$775 monthly HOA
Neighborhood data shown for ZIP Code: 11218, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,624 (100%) |
| Owner Occupied HU | 7,691 (27.8%) |
| Renter Occupied HU | 17,935 (64.9%) |
| Vacant Housing Units | 1,998 ( 7.2%) |
| Median Home Value | $1,054,643 |
| Average Home Value | $1,154,933 |
Residential
24,072
Single Family
6,875
Multi-Family
17,197
Businesses
1,595
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $550,000 |
| 2015-07-13 | Sold | $495,000 |
| 2015-05-14 | Pending sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-04-26 | N/A | N/A | N/A | N/A |
| 2009-04-26 | N/A | N/A | N/A | N/A |
| 2008-04-26 | N/A | N/A | N/A | N/A |



Listed by: Mary Larosa Lederer • Brooklyn Real Inc
Mls Name: StreetEasy
Mls ID: #S1767279