41 Clarkson Ave APT 3G, Brooklyn, NY, 11226 | $249/mo Cash Flow

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41 Clarkson Ave APT 3G, Brooklyn, NY, 11226 | $249/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Brooklyn at 41 Clarkson Ave APT 3G, Brooklyn, NY, 11226 with 5% annual appreciation on a $515,000 basis while $3,688/mo rent supports operations. Total monthly income totals $3,688/mo and a $2,521/mo payment preserves $249/mo for cash returns. Annual cash flow comes to $2,983/yr on $169,435 deployed, and return on cash invested reaches 21.82% in year one. Equity gained on principal adds $3,323/yr, and five-year appreciation sums $142,285 alongside rental yield of 8.59%. Five-year ROI measures 113.72% and total cumulative return in cash totals $192,673.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,688/mo property income versus a $2,521/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1931

N/A lot

$N/A/sqft

No HOA

More details about the property

New to market! - Enjoy this newly fully renovated, pet-friendly one-bedroom, one-bath condo off beautiful Prospect Park in historic Prospect-Lefferts Gardens! This property is perched tree-top height on the third floor and boasts an open layout with sunny eastern exposures, open living and dining area and in-unit laundry. Enjoy rich white oak floors throughout, custom millwork, high ceilings and designer hardware and fixtures. This sponsor unit is fully renovated, vacant and ready to move in, excellent for a primary homeowner or investor. The Parkside Condominiums are a boutique prewar condo development of two adjoining buildings, offering a courtyard, private storage and bike storage. The Parkside Condominiums are excellently located off the Parkside entrance of beautiful Prospect Park, the Botanic Garden, Brooklyn Museum and trains. Historic Lefferts Gardens is one of Brooklyns oldest neighborhoods and is rich in history, landmarked architecture, convenience to transportation, recreation and an expanding collection of restaurants, bars and shops. This property is on the third floor. J-51 tax abatement in place. The complete offering terms are in an offering plan available from the sponsor, file number CD120061. Please note, the posted historical data and price history of this unit on StreetEasy is incorrect. This is a sponsor sale, the first sale of the property. It has never before been offered publicly for purchase.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11226, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	43,262 (100%)
Owner Occupied HU	4,883 (11.3%)
Renter Occupied HU	35,712 (82.5%)
Vacant Housing Units	2,667 ( 6.2%)
Median Home Value	$890,722
Average Home Value	$1,011,398