








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 7B, Brooklyn, NY, 11201 earns from $5,033/mo rent with a $4,160/mo payment. Total monthly income totals $5,033/mo. ROI tracks 17.3% on current figures, and rental yield reads 7.11% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 89.48% and total cumulative return in cash sums $250,222. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,033/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Heather McMaster • Corcoran
Mls Name: StreetEasy
Mls ID: #S1795315