








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 189 Schermerhorn St APT 16C, Brooklyn, NY, 11201 earns from $4,806/mo rent with a $4,209/mo payment. Total monthly income totals $4,806/mo. ROI tracks 13.3% on current figures, and rental yield reads 6.71% at a $860,000 purchase. Equity gained on principal adds $5,549/yr, and 5% annual appreciation supports $237,602 over five years. Five-year ROI reaches 69.03% and total cumulative return in cash sums $195,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,806/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$657 monthly HOA
Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.
| 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 |
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
Date | Event | Price |
|---|---|---|
| 2025-08-26 | Sold | $860,000 |
| 2025-07-12 | Contingent | $850,000 |
| 2025-06-06 | Listed for sale | $850,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $9290.00 | N/A | $83,219 | -4.55% |
| 2023-10-15 | N/A | N/A | $87,182 | 14.77% |
| 2022-10-15 | N/A | N/A | $75,964 | 22.86% |



Listed by: Lauren Gallagher • Daniel Gale Sotheby's International Realty
Mls Name: StreetEasy
Mls ID: #S1775225