189 Bridge St APT 10A, Brooklyn, NY, 11201 | 7.49% Rental Yield

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189 Bridge St APT 10A, Brooklyn, NY, 11201 | 7.49% 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

Investment property for sale in Brooklyn at 189 Bridge St APT 10A, Brooklyn, NY, 11201 with 5% annual appreciation on a $900,000 basis while $5,616/mo rent supports operations. 33% in year one. Equity gained on principal adds $5,808/yr, and five-year appreciation sums $248,653 alongside rental yield of 7.49%. Five-year ROI measures 80.05% and total cumulative return in cash totals $237,036. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,616/mo property income versus a $4,405/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2006

N/A lot

$N/A/sqft

$772 monthly HOA

More details about the property

Welcome to 189 Bridge Street 10A, a high-floor perch in the heart of Brooklyn, NY. This one-bedroom, one and half-bathroom apartment is a haven of modern luxury and convenience, offering breathtaking open city views from its high floor location and not one, but two private balconies. Step inside to a spacious living area, where oversized windows invite abundant natural light and showcase the stunning cityscape. The chef's kitchen is a culinary enthusiast's dream, outfitted with top-of-the-line appliances including a Sub Zero refrigerator, Viking stovetop, and Bosch dishwasher. For added convenience, this home features a vented washer and dryer, ensuring laundry day is a breeze. The 1.5 baths provide additional comfort and convenience, with stylish fixtures and finishes. Beyond the walls of this residence, the community environment offers a vibrant mix of amenities including common outdoor space and a well equiped gym. You'll find an array of restaurants, shops, and parks within close proximity, perfect for those who love city living. This property at 189 Bridge Street 10A is more than just a place to live - it's a lifestyle. Whether you're a culinary enthusiast, a lover of city views, or someone who values convenience and luxury, this apartment is ready to welcome you home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	38,878 (100%)
Owner Occupied HU	10,690 (27.5%)
Renter Occupied HU	23,599 (60.7%)
Vacant Housing Units	4,589 (11.8%)
Median Home Value	$1,369,636
Average Home Value	$1,410,575