








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 1949 W 11th St, Brooklyn, NY, 11223 offers a 3.15% rental yield on a $1,799,999 purchase with $4,722/mo rent. 35% in year one. Equity gained on principal adds $11,615/yr while 5% annual appreciation supports $497,307 over five years. Portfolio math shows five-year ROI at 25.34% and total cumulative return in cash at $147,779. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,722/mo property income against a $8,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
N/A 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 |
|---|---|---|
| 2025-07-22 | Listed for sale | $1,799,999 |
| 2025-07-22 | Listing removed | $1,800,000 |
| 2025-06-06 | Price change | $1,800,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-23 | $9236.00 | N/A | $79,860 | -15.87% |
| 2023-07-23 | N/A | N/A | $94,920 | 0.57% |
| 2022-07-23 | N/A | N/A | $94,380 | 15.41% |



Listed by: Michelle Zhang • Remax Edge
Mls Name: StreetEasy
Mls ID: #S1782450