2654 E 18th St UNIT PH6A, Brooklyn, NY, 11235 | $1,894/mo Cash Flow

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2654 E 18th St UNIT PH6A, Brooklyn, NY, 11235 | $1,894/mo Cash Flow | Ziffy

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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 2654 E 18th St UNIT PH6A, Brooklyn, NY, 11235 listed at $835,000 pairs $7,817/mo rent with a $4,087/mo payment to leave $1,894/mo cash flow. Total monthly income runs $7,817/mo, and annual cash flow reaches $22,727/yr on $274,715 cash to close. Return on cash invested measures 28.33% in year one, and rental yield registers 11.23% at a $835,000 basis. Equity gained on principal adds $5,388/yr, and annual property appreciation at 5% supports $230,695 by year five. Five-year ROI tracks 149.17% and total cumulative return in cash totals $409,804. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,817/mo property income relative to a $4,087/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2023

N/A lot

$N/A/sqft

$347 monthly HOA

More details about the property

Welcome to Penthouse living! Enjoy contemporary designer interiors and private outdoor space in this stunning, energy-efficient two-bedroom, two-bathroom home at 2654 East 18th Street, a new-construction condominium in the ideal Sheepshead Bay location. Inside this sun-splashed home, discover tall ceilings with recessed lighting, oversized windows and sliding glass doors. The large open-plan living/dining room opens to a wide balcony, perfect for indoor-outdoor enjoyment. Fall in love with the open gourmet kitchen finished with sleek gray and white cabinetry, quartz counters and stainless-steel Samsung appliances, including an electric range, French door refrigerator, dishwasher and built-in microwave. The serene owner's suite boasts an oversized custom walk-in closet and a modern en suite bathroom featuring floor-to-ceiling large-format tile, a rain shower, two-stage commodes, spacious vanity and medicine cabinet, all trimmed with contemporary chrome fixtures. The secondary bedroom offers excellent closet space and easy access to a well-appointed full guest bathroom with a soaking tub/rain shower. Radiant heat flooring throughout the entire home, central air conditioning, upgraded insulation, sound-attenuating windows, A/V prewiring, ample closet space and in-unit washer-dryer hookups add comfort and convenience to this pristine new Brooklyn home. 2652 East 18th Street offers intercom entry, a common roof deck, top-floor gym, a bike room and on-site garage parking spaces available for purchase. From this wonderful location, you're close to fantastic waterfront outdoor space along Sheepshead Bay, Coney Island, Manhattan Beach and Marine Park. Enjoy great local shopping, dining and nightlife, while B and Q trains, excellent bus service and nearby parkways put the rest of the city within easy reach.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,528 (100%)
Owner Occupied HU	12,309 (34.6%)
Renter Occupied HU	21,027 (59.2%)
Vacant Housing Units	2,192 ( 6.2%)
Median Home Value	$818,168
Average Home Value	$852,087