10002 4th Ave APT 5A, Brooklyn, NY, 11209 | 4.68% Rental Yield

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10002 4th Ave APT 5A, Brooklyn, NY, 11209 | 4.68% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Brooklyn at 10002 4th Ave APT 5A, Brooklyn, NY, 11209 offers a 4.68% rental yield on a $999,000 purchase with $3,896/mo rent. 03% in year one. Equity gained on principal adds $6,446/yr while 5% annual appreciation supports $276,005 over five years. Portfolio math shows five-year ROI at 40.43% and total cumulative return in cash at $132,890. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,896/mo property income against a $4,890/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2008

N/A lot

$N/A/sqft

$520 monthly HOA

More details about the property

Modern Elegance with Iconic Views High-Floor 2-Bedroom at the CENTO Welcome to your dream home at the coveted CENTO Condominium an exclusive boutique residence offering style, comfort, and unbeatable convenience in the heart of Bay Ridge. Perched on a high floor, this beautifully maintained, never-before-rented 2-bedroom, 2-bath condo is the perfect blend of contemporary design and luxury living. Property Highlights: Spacious open-concept layout with expansive living and dining areas Floor-to-ceiling windows that bathe the home in natural light and frame gorgeous bridge and park views Oversized private terrace perfect for morning coffee or evening sunsets Immaculate Brazilian hardwood floors throughout Sleek chefs kitchen with modern finishes In-unit washer/dryer, video intercom, and central air Deeded outdoor parking space and private basement storage unit Building Features: Boutique 18-unit building with an elevator and full gym Secure access and well-maintained common areas Extremely low common charges and property taxes Location Perks: Steps from Shore Road parks, Bay Ridge Promenade, and John Paul Jones Park Easy access to the R train, express buses to Manhattan, and multiple local bus lines Surrounded by top-rated public and private schools, trendy eateries, and shopping This home is a true gem in one of Brooklyns most desirable neighborhoods. Whether you're seeking tranquility, urban convenience, or modern comforts, you'll find it all here. Come experience the CENTO difference schedule your private showing today and make this exceptional residence your own.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11209, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	33,347 (100%)
Owner Occupied HU	10,175 (30.5%)
Renter Occupied HU	21,237 (63.7%)
Vacant Housing Units	1,935 ( 5.8%)
Median Home Value	$1,072,126
Average Home Value	$1,081,829