1120 Brighton Beach Ave APT 1J, Brooklyn, NY, 11235 | 9.56% Rental Yield

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1120 Brighton Beach Ave APT 1J, Brooklyn, NY, 11235 | 9.56% 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 1120 Brighton Beach Ave APT 1J, Brooklyn, NY, 11235 offers a 9.56% rental yield on a $175,000 purchase with $1,394/mo rent. 2% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 91.63% and total cumulative return in cash at $53,155. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,394/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1935

N/A lot

$N/A/sqft

$356 monthly HOA

More details about the property

Apartment Essentials Address: 1120 Brighton Beach Avenue, Apt. 1-J Brooklyn, New York 11235 Price: $175,000 Bedroom: 0 Bathroom: 1 Maintenance/Carrying Costs: $356.06/month Approximate Square Footage: 300 Sublet Policy Can be sublet with board approval. Sublet fees are $29.67/month It is ok for children to purchase for their parents, for parents to purchase for their children, for children to purchase for their grandparents, investors welcome. Flexible board approval. Financing is available for qualified buyers through a preferred lender. Apartment Features Small one room studio apartment in the heart of Brighton Beach and one block from the Ocean. Hardwood parquet flooring throughout the apartment. Kitchen Combined with living room and in original condition. Bathroom The bathroom has original tiling and finishes and contains a walk-in shower. The bathroom has a window. Three windows in the living room area all facing the interior of the parking garage. This is a pre-war building and includes 9.5 feet high ceilings throughout the apartment. Building and Neighborhood Features A) Live in super and porter B) Art-deco style lobby C) Newly renovated hallways, cameras on every floor D) Laundry room facilities E) Storage room facilities F) Parking garage may be available for $250 per month G) Beautiful landscaping throughout the complex H) The cooperative is centrally located in Brighton Beach with convenient access to food shopping, restaurants, public transportation (B, Q trains, B1, B49 bus) and major highways (Belt Parkway). I) Considered one of the best premiere residential cooperative buildings in Brighton Beach

Neighborhood Data

Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,528 (100%)
Owner Occupied HU	12,309 (34.6%)
Renter Occupied HU	21,027 (59.2%)
Vacant Housing Units	2,192 ( 6.2%)
Median Home Value	$818,168
Average Home Value	$852,087