174 15th St, Brooklyn, NY, 11215 | ROI: 1.51%

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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174 15th St, Brooklyn, NY, 11215 | ROI: 1.51% | Ziffy

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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

Investment property for sale in Brooklyn at 174 15th St, Brooklyn, NY, 11215 projects strong ROI of 1.51%. Rental yield 1.9%. With 5% annual appreciation, the property builds $966,985 in value over five years. Equity growth combined delivers a projected five-year ROI of 4.73%, translating into $53,610 in total cumulative return on $1,134,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Single Family

Built in 1931

N/A lot

$N/A/sqft

No HOA

More details about the property

*An Investors Dream with Fantastic Cash Flow* Amiri NYC is pleased to offer for sale the building 174 15th in prime South Park Slope. Consisting of 5 stories (including the basement), each floor includes two massive 2-bedroom apartments with fantastic natural light for a total of eight residential units. Each apartment is close to 1,000 SF. Laundry machines were installed recently to provide optimal convenience for the residents. The building is turn-key and fully occupied with major improvements and renovations being completed on a regular basis since 2019 including covering from oil to gas, installing new meters, updating gas lines, roof replacement, and unit renovations. This opportunity is rare. Please contact Behzad for full building details. Located in prime South Park Slope, on 15th street between 5th and 4th Avenues, it doesnt get more convenient thank this. Cafes, restaurants, gyms (Blink and Harbor Fitness on the corner) groceries, shopping, parks and transportation are mere blocks away. *Building Summary:* - Lot size: 31 x 105 Semi-detached - 5 Stories (including basement) - Building size 27 x 90 - Building SF: 8,400 (overbuilt) - Residential Units: 8 - Average Residential Size 1,000 - FAR 2

Neighborhood Data

Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	31,113 (100%)
Owner Occupied HU	10,260 (33.0%)
Renter Occupied HU	18,447 (59.3%)
Vacant Housing Units	2,406 ( 7.7%)
Median Home Value	$1,666,185
Average Home Value	$1,587,839