205 15th St APT A6, Brooklyn, NY, 11215 | 4.01% Rental Yield

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205 15th St APT A6, Brooklyn, NY, 11215 | 4.01% 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 205 15th St APT A6, Brooklyn, NY, 11215 offers a 4.01% rental yield on a $1,195,000 purchase with $3,993/mo rent. Equity gained on principal adds $7,711/yr while 5% annual appreciation supports $330,156 over five years. Portfolio math shows five-year ROI at 29.56% and total cumulative return in cash at $114,446. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,993/mo property income against a $5,849/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1925

N/A lot

$N/A/sqft

$648 monthly HOA

More details about the property

This two-bedroom, two-bath condo is the one youve been waiting for set in a beautifully converted industrial building with 15-foot ceilings, and your own private terrace overlooking the Manhattan skyline. The sun-soaked living room has soaring ceilings and a wall of 8-foot windows that create an open, bright atmosphere. The newly updated kitchen is designed for both form and function, with sleek cabinetry, stainless steel appliances, and a Liebherr refrigerator. The spacious king-sized primary suite features a reach-in closet and an en suite bath. The second bedroom includes built in shelving and could be used as a secondary bedroom or home office. Theres a brand new full-size washer and dryer tucked into the second bathroom for ultimate convenience. Located next to a gym and just around the corner from 5th Avenue's buzzing restaurant and shopping scene, youre moments from the F and R trains with easy access to the Q, N, B, and D express lines. This is Park Slope living with city energy and downtown convenience dont miss it!

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