








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 253 Monroe Street, Brooklyn, NY, 11216 projects strong ROI of 1.84%. Rental yield 2.01%. With 5% annual appreciation, the property builds $663,076 in value over five years. Equity growth combined delivers a projected five-year ROI of 6.5%, translating into $50,567 in total cumulative return on $777,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Townhouse
Built in 1899
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11216, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,043 (100%) |
| Owner Occupied HU | 4,631 (15.9%) |
| Renter Occupied HU | 21,985 (75.7%) |
| Vacant Housing Units | 2,427 ( 8.4%) |
| Median Home Value | $1,536,344 |
| Average Home Value | $1,481,149 |
Residential
23,723
Single Family
5,049
Multi-Family
18,674
Businesses
1,431
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Listed for sale | $2,400,000 |
| 2013-03-08 | Sold | $140,000 |
| 2007-07-12 | Sold | $535,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $4224.00 | N/A | $87,840 | -6.57% |
| 2023-04-17 | N/A | N/A | $94,020 | -5.60% |
| 2022-04-17 | N/A | N/A | $99,600 | 7.17% |



What's Special
None
Listed by: Lotfi Chortani • Keller Williams Landmark II
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #849688
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.