








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 1155 Ocean Ave APT 2J, Brooklyn, NY, 11230 offers a 7.23% rental yield on a $849,000 purchase with $5,113/mo rent. 31% in year one. Equity gained on principal adds $5,478/yr while 5% annual appreciation supports $234,563 over five years. Portfolio math shows five-year ROI at 59.65% and total cumulative return in cash at $166,628. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,113/mo property income against a $4,155/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1931
N/A lot
$N/A/sqft
$1,480 monthly HOA
Neighborhood data shown for ZIP Code: 11230, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,949 (100%) |
| Owner Occupied HU | 8,697 (28.1%) |
| Renter Occupied HU | 20,273 (65.5%) |
| Vacant Housing Units | 1,979 ( 6.4%) |
| Median Home Value | $998,288 |
| Average Home Value | $1,138,275 |
Residential
30,459
Single Family
8,234
Multi-Family
22,225
Businesses
1,883
Date | Event | Price |
|---|---|---|
| 2025-09-16 | Listed for sale | $849,000 |
| 2025-07-29 | Listing removed | $849,000 |
| 2025-07-07 | Price change | $849,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-09-17 | N/A | N/A | N/A | N/A |
| 2009-09-17 | N/A | N/A | N/A | N/A |
| 2008-09-17 | N/A | N/A | N/A | N/A |



Listed by: Michele Silverman • Corcoran
Mls Name: StreetEasy
Mls ID: #S1790507