2475 W 16th St APT 17F, Brooklyn, NY, 11214 | $436/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2475 W 16th St APT 17F, Brooklyn, NY, 11214 | $436/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1000 sft

2475 W 16th St APT 8B, Brooklyn, NY, 11214

2 Bed
1 Bath
1000 sft

2475 W 16th St APT 9E, Brooklyn, NY, 11214

2 Bed
2 Bath
1276 sft

95 Reynolds Ct, Matawan, NJ, 07747

2 Bed
2 Bath
1016 sft

181 Norwood Ave, Laurence Harbor, NJ, 08879

Nearby investment properties with comparable prices

3 Bed
2 Bath
1360 sft

100 Neilly Court #100, Old Bridge, NJ, 08857

4 Bed
2 Bath
2039 sft

40 Church Street, Keyport, NJ, 07735

4 Bed
1 Bath
1260 sft

114 Pine Island Ter, Keyport, NJ, 07735

2 Bed
1 Bath
716 sft

24 Marscher Pl, Staten Island, NY, 10309

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Brooklyn at 2475 W 16th St APT 17F, Brooklyn, NY, 11214 listed at $420,000 pairs $3,241/mo rent with a $2,056/mo payment to leave $436/mo cash flow. Total monthly income runs $3,241/mo, and annual cash flow reaches $5,232/yr on $139,230 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 9.26% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 123.62% and total cumulative return in cash totals $172,111. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,241/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1963

N/A lot

$N/A/sqft

No HOA

More details about the property

A Beautifully Renovated 2-Bedroom Co-op with Stunning Ocean Views , Welcome to this absolutely beautiful, top-quality renovation of a two-bedroom, one-bath co-op located in a prime Bath Beach neighborhood. This home offers a perfect blend of modern luxury and comfortable living with breathtaking water views enjoy both sunrise and sunset right from your private terrace! Step inside to find an open-concept kitchen with all brand-new appliances, including a modern dishwasher, stove, and refrigerator. The stylish breakfast bar and dining area flow seamlessly into a spacious living room filled with natural light from newly installed windows and a new terrace door.The bathroom has been completely upgraded with elegant marble floors, sliding glass doors, and high-end finishes. Both bedrooms feature custom closets, new hardwood floors, new windows, and new built-in A/C units, offering total comfort and modern style.This well-maintained building provides 24-hour security, a live-in super, lobby lounge, laundry room, storage space, and assigned parking.Conveniently located near the D train, schools, parks, and 86th Street shopping, this home offers the perfect balance of peace, comfort, and city convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,434 (100%)
Owner Occupied HU	10,119 (28.6%)
Renter Occupied HU	23,064 (65.1%)
Vacant Housing Units	2,251 ( 6.4%)
Median Home Value	$988,547
Average Home Value	$1,082,264