4215 New Utrecht AveBrooklynNY11219
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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
Investment Highlights
Investment property for sale in Brooklyn at 4215 New Utrecht Ave, Brooklyn, NY, 11219 offers a 3.84% rental yield on a $1,199,000 purchase with $3,832/mo rent. 47% in year one. Equity gained on principal adds $7,737/yr while 5% annual appreciation supports $331,262 over five years. Portfolio math shows five-year ROI at 36.71% and total cumulative return in cash at $142,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,832/mo property income against a $5,869/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11219, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,503 (100%) |
| Owner Occupied HU | 6,319 (20.7%) |
| Renter Occupied HU | 21,992 (72.1%) |
| Vacant Housing Units | 2,192 ( 7.2%) |
| Median Home Value | $1,186,085 |
| Average Home Value | $1,250,046 |
Housing Distribution
Address Breakdown
Residential
23,152
Single Family
8,338
Multi-Family
14,814
Businesses
2,719
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-19 | Listed for sale | $1,199,000 |
| 2024-06-21 | Sold | $1,150,000 |
| 2023-11-16 | Listed for sale | $1,199,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $84,960 | -6.29% |
| 2022-02-13 | N/A | N/A | $90,660 | 21.37% |
| 2021-02-13 | N/A | N/A | $74,700 | 2.89% |
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Facts & Features
General Information
- Type: MultiFamily
- Year Built: 1930
- Architectural Style: N/A
- Building Area: 1,950
- Living Area: 1,950 sqft
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: Hardwood
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Maintenance
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Eufemia Lolita Andrade • Hometown Properties
Mls Name: StreetEasy
Mls ID: #S1614728