








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 3R, Brooklyn, NY, 11220 offers a 8.12% rental yield on a $399,999 purchase with $2,705/mo rent. 79% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,512 over five years. Portfolio math shows five-year ROI at 98.02% and total cumulative return in cash at $129,975. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,705/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2011
N/A lot
$N/A/sqft
$157 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 |
|---|---|---|
| 2025-01-07 | Listed for sale | $399,999 |
| 2013-08-05 | Sold | $218,010 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $53,820 | 1.77% |
| 2022-02-13 | N/A | N/A | $52,884 | 25.03% |
| 2021-02-13 | N/A | N/A | $42,296 | -8.83% |



Listed by: Emily Hui Chen-Liang • Tiger Realty
Mls Name: StreetEasy
Mls ID: #S1749056