








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Brooklyn at 118 Union St APT 6C, Brooklyn, NY, 11231 offers $7,258/mo rent that, after a $5,624/mo payment. Total monthly income is $7,258/mo. Return on cash invested measures 17.51% in year one, and rental yield stands at 7.58% at a $1,149,000 entry. Equity gained on principal adds $7,414/yr while 5% annual appreciation compounds into $317,448 by year five. Five-year ROI records 91.1% and total cumulative return in cash reaches $339,151. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,258/mo property income versus a $5,624/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$471 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 |
|---|---|---|
| 2024-07-25 | Listed for sale | $1,149,000 |
| 2017-07-25 | Sold | $885,000 |
| 2017-05-05 | Pending sale | $795,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-11 | N/A | N/A | $60,977 | 8.47% |
| 2022-08-11 | N/A | N/A | $56,218 | 8.13% |
| 2021-08-11 | N/A | N/A | $51,991 | 0.74% |



Listed by: Sarah Riegle - Licensed Associate Real Estate Broker • Compass
Mls Name: StreetEasy
Mls ID: #1726922