308 11th StBrooklynNY11215








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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


Investment Highlights
Investment property for sale in Brooklyn at 308 11th St, Brooklyn, NY, 11215 projects strong ROI of 1.46%. Rental yield 1.89%. With 5% annual appreciation, the property builds $1,042,963 in value over five years. Equity growth combined delivers a projected five-year ROI of 4.48%, translating into $54,773 in total cumulative return on $1,223,100 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.
Multi Family
Built in 1899
N/A lot
$N/A/sqft
No HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
27,619
Single Family
7,344
Multi-Family
20,275
Businesses
2,297
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-26 | Listed for sale | $3,775,000 |
| 2020-06-10 | Listing removed | $9,500 |
| 2020-06-03 | Listed for rent | $9,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $9436.00 | N/A | $182,520 | 5.55% |
| 2023-03-27 | N/A | N/A | $172,920 | 14.59% |
| 2022-03-27 | N/A | N/A | $150,900 | 2.82% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: MultiFamily
- Year Built: 1899
- Architectural Style: N/A
- Building Area: 2,307
- Living Area: 2,307 sqft
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: Terrace
- Parking Features: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Maintenance
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Brad Bateman • Compass
Mls Name: StreetEasy
Mls ID: #S1761755








