255 Eastern Pkwy APT D14, Brooklyn, NY, 11238 | 5.98% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

255 Eastern Pkwy APT D14, Brooklyn, NY, 11238 | 5.98% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
2 Bath
1100 sft

480 5th Ave, Brooklyn, NY, 11215

5 Bed
3 Bath
2808 sft

987 Hylan Blvd, Staten Island, NY, 10305

- Bed
2 Bath
2400 sft

2237 65th St, Brooklyn, NY, 11204

4 Bed
3 Bath
2700 sft

164 Bay 53rd St, Brooklyn, NY, 11214

Nearby investment properties with comparable prices

Motivated Seller+ 1 more

2 Bed
2 Bath
- sft

415 9th St APT 43, Brooklyn, NY, 11215

1 Bed
1 Bath
- sft

420 12th St APT P3R, Brooklyn, NY, 11215

6 Bed
4 Bath
- sft

118 W 21st St, Bayonne, NJ, 07002

2 Bed
1 Bath
- sft

513 12th St #2R, Brooklyn, NY, 11215

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 255 Eastern Pkwy APT D14, Brooklyn, NY, 11238 offers a 5.98% rental yield on a $1,050,000 purchase with $5,236/mo rent. 13% in year one. Equity gained on principal adds $6,775/yr while 5% annual appreciation supports $290,096 over five years. Portfolio math shows five-year ROI at 57.4% and total cumulative return in cash at $195,281. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,236/mo property income against a $5,139/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1924

N/A lot

$N/A/sqft

$844 monthly HOA

More details about the property

SPONSOR UNIT! NO BOARD APPROVAL! Be the first to live in this newly renovated 2 bedroom, 1 bath residence that is the ultimate combination of prewar details and contemporary finishes set in an amazing location and one of the most beautiful Art Deco buildings on Eastern Parkway! Step into the home and youre greeted by high ceilings, recessed lighting, curated lighting fixtures and beautiful White Oak floors that span the entire residence. The windowed kitchen features custom cabinets, ample storage space, marble countertops, and stainless steel appliances. The split bedroom layout offers privacy. The primary bedroom can easily accommodate a king size bed as well as additional furniture while the second bedroom can accommodate a queen size bed or 2 twin beds. In-unit Miele washer/dryer and abundant closet space round out this spectacular move-in ready apartment! The Woodrow Wilson is a pet-friendly, full-service building with full time doorman, live in super and a porter. Conveniently located a few blocks from Prospect Park, The Botanical Gardens, Brooklyn Museum and the 2,3,4,5 subways are just steps away. This is not an offering. The entire offering plan is contained in the Offering Plan filed with the Office of the Attorney General of the State of New York File No CD010184 *There is an on-going assessment of $179.67 per month through November 2027. *Some photos are virtually staged.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	29,474 (100%)
Owner Occupied HU	6,812 (23.1%)
Renter Occupied HU	20,449 (69.4%)
Vacant Housing Units	2,213 ( 7.5%)
Median Home Value	$1,403,531
Average Home Value	$1,446,411