1151 Brighton Beach Ave APT 6F, Brooklyn, NY, 11235 | 9.37% Rental Yield

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1151 Brighton Beach Ave APT 6F, Brooklyn, NY, 11235 | 9.37% 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 1151 Brighton Beach Ave APT 6F, Brooklyn, NY, 11235 listed at $370,000 pairs $2,890/mo rent with a $1,811/mo payment. Total monthly income runs $2,890/mo. Return on cash invested measures 15.64% in year one, and rental yield registers 9.37% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 83.62% and total cumulative return in cash totals $102,569. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,890/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1937

N/A lot

$N/A/sqft

$856 monthly HOA

More details about the property

Apartment Essentials Address: 1151 Brighton Beach Avenue, Apt. 6-F Brooklyn, New York 11235 Price: $370,000 Bedroom: 1 Bathroom: 1 Maintenance/Carrying Costs: $856.82/month Approximate Square Footage: 800 Sublet Policy Can be sublet from day one. Sublet fees are $71.40/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. Apartment Features Recently renovated large apartment in the heart of Brighton Beach. One block from the ocean. Exposures from living room are west and from the bedroom are south facing Brighton Beach Avenue. Lots of sunlight is coming from both morning and afternoon hours. Hardwood parquet flooring throughout the apartment. There is a long foyer which opens up into the living. Kitchen Quartz countertops, wood cabinets, ceramic backsplash, breakfast table, ceramic tiles, appliances in good condition. The kitchen has a window. The bathroom was gut renovated with tiling to the ceiling, updated bathtub, medicine cabinet, vanity and toilet. The bathroom has a window. Two closets in the apartment. Extras: 1. Baseboard moldings. 2. New frames, doors, and locksets. 3. Radiator covers. 4. Updated lighting fixtures. Building and Neighborhood Features A) Live in super and porter. B) Art-deco style lobby. C) Newly renovated hallways, cameras on every floor. D) No Laundry room facilities. E) 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). F) 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