








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


Investment property for sale in Brooklyn at 1707 W 4th St, Brooklyn, NY, 11223 offers a 3.29% rental yield on a $1,988,000 purchase with $5,447/mo rent. 79% in year one. Equity gained on principal adds $12,828/yr while 5% annual appreciation supports $549,248 over five years. Portfolio math shows five-year ROI at 27.66% and total cumulative return in cash at $178,172. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,447/mo property income against a $9,730/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
2,650 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11223, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,920 (100%) |
| Owner Occupied HU | 9,651 (30.2%) |
| Renter Occupied HU | 20,192 (63.3%) |
| Vacant Housing Units | 2,077 ( 6.5%) |
| Median Home Value | $1,073,206 |
| Average Home Value | $1,146,126 |
Residential
23,793
Single Family
11,075
Multi-Family
12,718
Businesses
2,108
Date | Event | Price |
|---|---|---|
| 2024-08-11 | Listed for sale | $1,988,000 |
| 2018-09-06 | Listing removed | $2,000 |
| 2018-08-26 | Listed for rent | $2,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $104,460 | 4.31% |
| 2022-02-13 | N/A | N/A | $100,140 | 10.46% |
| 2021-02-13 | N/A | N/A | $90,660 | -9.52% |



Listed by: Michelle J. Zhang • RE/MAX Edge
Mls Name: BNYMLS
Mls Provider:
Mls ID: #485193
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.