235 Adams St APT 6A, Brooklyn, NY, 11201 | 8.42% Rental Yield

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235 Adams St APT 6A, Brooklyn, NY, 11201 | 8.42% 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 235 Adams St APT 6A, Brooklyn, NY, 11201 listed at $310,000 pairs $2,175/mo rent with a $1,517/mo payment. Total monthly income runs $2,175/mo. Return on cash invested measures 9.44% in year one, and rental yield registers 8.42% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 51.6% and total cumulative return in cash totals $53,023. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,175/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in N/A

N/A lot

$N/A/sqft

$1,002 monthly HOA

More details about the property

This apartment can be shown with 24 hour's notice in addition to scheduled open house hours. Contact the listing agents directly for a viewing. This is the largest studio line in Concord Village, at almost 500 square feet! This amazing apartment is ready for your special touch. It is freshly painted, featuring a large kitchen just waiting for your personal touch, and gleaming wood flooring. With east and southern exposures, morning light is plentiful. You will also have a very generous living space which can easily be arranged to accommodate a separate sleeping and living area. Concord Village amenities include well-maintained green space surrounding the complex, community garden, 24-hour doormen; fitness center; laundry room; shared roof deck; kids play room and garden, community room, on site management office, 2 live in supers and a full maintenance staff to ensure the community is running smoothly. There are also bicycle rooms, storage rooms, and parking on site (wait list for all three). Pets are allowed (1 dog per apartment), and there is an on-site dog run. A short distance from Brooklyn Heights, DUMBO and Downtown and with easy access to the A/C, F, R, 2/3, 4/5 trains, various bus lines and multiple Citi Bike stations this home checks off all of the boxes! Will be shown by appointment .Contact us to see this beauty before its gone!

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