








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 342 53rd St APT 1F, Brooklyn, NY, 11220 uses $135,915 cash to close to unlock $12,686/yr annual cash flow and $1,057/mo monthly cash flow. Total monthly income runs $3,986/mo, and a $2,007/mo payment keeps the spread at $1,057/mo. Purchase price stands at $410,000, and rental yield measures 11.67% with $3,986/mo rent. Return on cash invested shows 29.24% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 154.17% and total cumulative return in cash records $209,543. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,986/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Condo
Built in 2011
N/A lot
$N/A/sqft
$163 monthly HOA
Neighborhood data shown for ZIP Code: 11220, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,465 (100%) |
| Owner Occupied HU | 6,364 (19.6%) |
| Renter Occupied HU | 24,149 (74.4%) |
| Vacant Housing Units | 1,952 ( 6.0%) |
| Median Home Value | $1,106,071 |
| Average Home Value | $1,109,570 |
Residential
22,134
Single Family
7,854
Multi-Family
14,280
Businesses
2,771
Date | Event | Price |
|---|---|---|
| 2025-08-19 | Listing removed | $545,000 |
| 2025-07-19 | Listed for sale | $545,000 |
| 2024-02-22 | Sold | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $6238.00 | N/A | $67,069 | 20.00% |
| 2023-10-22 | N/A | N/A | $55,891 | 1.77% |
| 2022-10-22 | N/A | N/A | $54,919 | 25.03% |



Listed by: Xinyi Qian • One Realty Global Corp
Mls Name: StreetEasy
Mls ID: #S1688156