








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 500 4th Ave APT 5L, Brooklyn, NY, 11215 listed at $1,295,000 pairs $6,217/mo rent with a $6,338/mo payment. Total monthly income runs $6,217/mo. Return on cash invested measures 9.74% in year one, and rental yield registers 5.76% at a $1,295,000 basis. Equity gained on principal adds $8,356/yr, and annual property appreciation at 5% supports $357,785 by year five. Five-year ROI tracks 50.22% and total cumulative return in cash totals $210,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,217/mo property income relative to a $6,338/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2010
N/A lot
$N/A/sqft
$1,285 monthly HOA
Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,113 (100%) |
| Owner Occupied HU | 10,260 (33.0%) |
| Renter Occupied HU | 18,447 (59.3%) |
| Vacant Housing Units | 2,406 ( 7.7%) |
| Median Home Value | $1,666,185 |
| Average Home Value | $1,587,839 |
Residential
27,619
Single Family
7,344
Multi-Family
20,275
Businesses
2,297
Date | Event | Price |
|---|---|---|
| 2024-09-26 | Listed for sale | $1,295,000 |
| 2024-08-02 | Listing removed | $1,365,000 |
| 2024-06-21 | Listed for sale | $1,365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | N/A | N/A | $84,646 | 0.83% |
| 2022-11-13 | N/A | N/A | $83,950 | 44.43% |
| 2021-11-13 | N/A | N/A | $58,125 | -15.21% |



Listed by: Karen Smith • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1736964