135 28th Ave APT 2A, Brooklyn, NY, 11214 | 6.25% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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135 28th Ave APT 2A, Brooklyn, NY, 11214 | 6.25% 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

Total monthly income runs $3,530/mo, and a $3,318/mo payment. Purchase price stands at $678,000, and rental yield measures 6.25% with $3,530/mo rent. Return on cash invested shows 14.7% in year one, and 5% annual appreciation builds toward $187,319 over five years. Five-year ROI reaches 75.5% and total cumulative return in cash records $168,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,530/mo property income covering a $3,318/mo payment rather than investor’s personal income.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

Enter into this extra-spacious 2-bedroom, 2-bathroom condominium in one of Brooklyn's most sought-after neighborhoods, Gravesend. The unit sits on the 2nd floor of 4 4-story building built in 2007. This impressive unit boasts about 1,100 sq ft of living space. All rooms are bright and airy and feature a balcony. Enormously sized windowed eat-in kitchen offers custom-built cabinets and stainless-steel appliances. It boasts ample counter space and storage ideal for cooking and entertaining. The heart of the home is the large living room, highlighted by a beautiful stone accent wall with a built-in electric fireplace, creating a warm and cozy atmosphere for relaxing and entertaining. Primary suite features an en-suite bathroom with a stall shower, spacious closets, and a balcony. Beautiful parquet floors are throughout. The unit was recently upgraded with ductless split-system AC and an updated stackable washer/dryer. A bonus: the property now includes a newly installed charging station for Tesla (or other electric vehicles) a valuable and eco-friendly upgrade for todays driver. Parking spot is included in the price. This condo blends modern amenities with timeless charm, offering the best indoor and outdoor living. Super low maintenance! Hurry! The package is great for the right price! All conveniences are within a short distance.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,434 (100%)
Owner Occupied HU	10,119 (28.6%)
Renter Occupied HU	23,064 (65.1%)
Vacant Housing Units	2,251 ( 6.4%)
Median Home Value	$988,547
Average Home Value	$1,082,264