149 Lafayette Ave APT 2ABrooklynNY11238








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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 149 Lafayette Ave APT 2A, Brooklyn, NY, 11238 offers a 4.01% rental yield on a $1,250,000 purchase with $4,177/mo rent. 93% in year one. Equity gained on principal adds $8,066/yr while 5% annual appreciation supports $345,352 over five years. Portfolio math shows five-year ROI at 24.2% and total cumulative return in cash at $98,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,177/mo property income against a $6,118/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1930
N/A lot
$N/A/sqft
$1,040 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Housing Distribution
Address Breakdown
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $1,250,000 |
| 2019-07-15 | Sold | $1,050,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-04-30 | N/A | N/A | N/A | N/A |
| 2019-04-30 | N/A | N/A | N/A | N/A |
| 2018-04-30 | N/A | N/A | $398,104 | 8.00% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: Cooperative
- Year Built: 1930
- Architectural Style: N/A
- Building Area: 0
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: Hardwood
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: N/A
HOA & Fees
- HOA Fee: $1,040 monthly
- Association Fee: $1,040 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Maintenance
Utilities
- Utilities: N/A
- 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: Debra Bondy • Compass
Mls Name: StreetEasy
Mls ID: #S1768105








