








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 111 Nelson St APT 1, Brooklyn, NY, 11231 earns from $8,459/mo rent with a $5,873/mo payment. Total monthly income totals $8,459/mo. ROI tracks 18.72% on current figures, and rental yield reads 8.46% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 98.14% and total cumulative return in cash sums $381,563. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,459/mo property income instead of your personal income.
Condo
Built in 1899
N/A lot
$N/A/sqft
$979 monthly 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 |
|---|---|---|
| 2024-05-02 | Listed for sale | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Nicole Galluccio - Licensed Associate Real Estate Broker • Compass
Mls Name: StreetEasy
Mls ID: #1713905