








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 370 Union St APT 3B, Brooklyn, NY, 11231 offers a 5.21% rental yield on a $1,495,000 purchase with $6,496/mo rent. 49% in year one. Equity gained on principal adds $9,647/yr while 5% annual appreciation supports $413,041 over five years. Portfolio math shows five-year ROI at 53.33% and total cumulative return in cash at $258,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,496/mo property income against a $7,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1910
N/A lot
$N/A/sqft
$501 monthly HOA
Neighborhood data shown for ZIP Code: 11231, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,446 (100%) |
| Owner Occupied HU | 4,101 (23.5%) |
| Renter Occupied HU | 12,031 (69.0%) |
| Vacant Housing Units | 1,314 ( 7.5%) |
| Median Home Value | $1,765,973 |
| Average Home Value | $1,624,888 |
Residential
15,312
Single Family
3,858
Multi-Family
11,454
Businesses
1,468
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Listed for sale | $1,495,000 |
| 2021-06-16 | Sold | $1,270,000 |
| 2012-04-03 | Sold | $560,038 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $98,409 | 9.27% |
| 2022-02-13 | N/A | N/A | $90,057 | 14.08% |
| 2021-02-13 | N/A | N/A | $78,940 | -6.45% |



Listed by: Christian Emanuel • Brown Harris Stevens
Mls Name: StreetEasy
Mls ID: #S1751954