








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Brooklyn at 40 Brighton 1 Rd #3G, Brooklyn, NY, 11235 offers $2,714/mo rent that, after a $2,247/mo payment. Total monthly income is $2,714/mo. Return on cash invested measures 8.46% in year one, and rental yield stands at 7.1% at a $459,000 entry. Equity gained on principal adds $2,962/yr while 5% annual appreciation compounds into $126,813 by year five. Five-year ROI records 45.24% and total cumulative return in cash reaches $68,843. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,714/mo property income versus a $2,247/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1963
N/A lot
$N/A/sqft
$1,100 monthly HOA
Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,528 (100%) |
| Owner Occupied HU | 12,309 (34.6%) |
| Renter Occupied HU | 21,027 (59.2%) |
| Vacant Housing Units | 2,192 ( 6.2%) |
| Median Home Value | $818,168 |
| Average Home Value | $852,087 |
Residential
34,125
Single Family
9,107
Multi-Family
25,018
Businesses
2,017
Date | Event | Price |
|---|---|---|
| 2024-12-17 | Price change | $459,000 |
| 2024-12-12 | Price change | $457,000 |
| 2024-11-20 | Price change | $459,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Irina Piastro • Piastro Realty LLC
Mls Name: NY State MLS
Mls ID: #11341529