








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 135 Ocean Pkwy APT 10B, Brooklyn, NY, 11218 priced at $635,000 converts $4,657/mo rent into after a $3,108/mo obligation. Total monthly income equals $4,657/mo. Return on cash invested prints 15.56% in year one, and rental yield reads 8.8% against a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation compiles into $175,439 by year five. Five-year ROI reaches 82.64% and total cumulative return in cash sums $172,640. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,657/mo property income covering a $3,108/mo payment, not borrower’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
$1,200 monthly HOA
Neighborhood data shown for ZIP Code: 11218, Brooklyn, NY area.
| 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 |
Residential
24,072
Single Family
6,875
Multi-Family
17,197
Businesses
1,595
Date | Event | Price |
|---|---|---|
| 2024-06-10 | Listed for sale | $635,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-08-13 | N/A | N/A | N/A | N/A |
| 2019-08-13 | N/A | N/A | N/A | N/A |
| 2018-08-13 | $525508.00 | N/A | $5,087,250 | 9.30% |



Listed by: Barbara Puccia - Licensed Real Estate Broker • Barbara Puccia Realty LLC
Mls Name: StreetEasy
Mls ID: #1721468