122 Prospect Park SW APT 10BrooklynNY11218
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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
Investment Highlights
Investment property for sale in Brooklyn at 122 Prospect Park SW APT 10, Brooklyn, NY, 11218 listed at $1,180,000 pairs $5,153/mo rent with a $5,776/mo payment. Total monthly income runs $5,153/mo. Return on cash invested measures 10.33% in year one, and rental yield registers 5.24% at a $1,180,000 basis. Equity gained on principal adds $7,614/yr, and annual property appreciation at 5% supports $326,012 by year five. Five-year ROI tracks 52.59% and total cumulative return in cash totals $201,056. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,153/mo property income relative to a $5,776/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
N/A lot
$N/A/sqft
$470 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11218, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,624 (100%) |
| Owner Occupied HU | 7,691 (27.8%) |
| Renter Occupied HU | 17,935 (64.9%) |
| Vacant Housing Units | 1,998 ( 7.2%) |
| Median Home Value | $1,054,643 |
| Average Home Value | $1,154,933 |
Housing Distribution
Address Breakdown
Residential
24,072
Single Family
6,875
Multi-Family
17,197
Businesses
1,595
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-13 | Listed for sale | $1,180,000 |
| 2025-06-04 | Listing removed | $1,299,000 |
| 2025-04-01 | Price change | $1,299,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-16 | $4596.00 | N/A | $61,602 | 6.26% |
| 2023-06-16 | N/A | N/A | $57,972 | 8.47% |
| 2022-06-16 | N/A | N/A | $53,447 | 6.71% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1990
- Architectural Style: N/A
- Building Area: 845
- Living Area: 845 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Ductless/Split
- Cooling: Central Air - Split
- Flooring: Carpet, Ceramic Tile, Granite, Marble, Parquet, Tile
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: 1 Space
HOA & Fees
- HOA Fee: $470 monthly
- Association Fee: $470 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Sewer Connected, Water Connected
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Antoinette Oddo • Ben Bay Realty Co
Mls Name: BNYMLS
Mls Provider:
Mls ID: #489590
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.