








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 261 Garfield Pl APT 3, Brooklyn, NY, 11215 projects strong ROI of 5.66%. Rental yield 3.71%. With 5% annual appreciation, the property builds $856,473 in value over five years. Equity growth combined delivers a projected five-year ROI of 27.51%, translating into $276,338 in total cumulative return on $1,004,400 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.
Condo
Built in 1920
N/A lot
$N/A/sqft
$1,200 monthly HOA
Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.
| 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 |
Residential
27,619
Single Family
7,344
Multi-Family
20,275
Businesses
2,297
Date | Event | Price |
|---|---|---|
| 2025-09-05 | Sold | $3,100,000 |
| 2025-05-15 | Contingent | $2,750,000 |
| 2025-05-02 | Listed for sale | $2,750,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jacqueline Torren • Corcoran
Mls Name: StreetEasy
Mls ID: #S1768195