269 4th Ave #302, Brooklyn, NY, 11215 | 5.88% Rental Yield

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269 4th Ave #302, Brooklyn, NY, 11215 | 5.88% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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 269 4th Ave #302, Brooklyn, NY, 11215 listed at $849,999 pairs $4,166/mo rent with a $4,160/mo payment. Total monthly income runs $4,166/mo. Return on cash invested measures 11.23% in year one, and rental yield registers 5.88% at a $849,999 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 57.8% and total cumulative return in cash totals $161,637. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,166/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2020

N/A lot

$N/A/sqft

$547 monthly HOA

More details about the property

Welcome to Six Garfield (aka 269 Fourth Ave), a stunning new 12-story condominium located at 6 Garfield Place in the heart of Park Slope. Residence 302 is a beautifully designed 1-bedroom home that blends modern luxury with timeless elegance. The residence features floor-to-ceiling, European-style tilt-and-turn windows that flood the space with natural light and provide expansive views. The designer kitchen is a culinary dream, complete with honed Soho Grey Quartzite countertops, custom two-toned cabinetry, and premium Gaggenau appliances. The spa-inspired bathroom offers radiant heated floors and high-end finishes, while European white oak flooring lends warmth and character throughout. For added convenience, this residence includes a private storage unit as well as custom automatic blinds, keyless entry, a custom pantry and an in-unit washer/dryer. Residents enjoy a host of outstanding amenities tailored to a modern and vibrant lifestyle. These include an attended lobby, a state-of-the-art fitness center, a rooftop terrace with barbecue grills and stunning views, multiple resident lounges, bike storage, a pet spa, and a dedicated childrens playroom. Every detail has been thoughtfully crafted for comfort and convenience. Situated at the crossroads of Park Slope and Gowanus, the location offers the best of Brooklynsteps from historic brownstones, boutique shopping, diverse dining, and rich cultural attractions. Dont miss the opportunity to make Residence 302 your new home. Schedule a viewing today and experience the finest in Brooklyn living. All open houses are by appointment only - reach direct at 877 583 ONYX

Neighborhood Data

Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.

Housing Distribution

Housing Statistics

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