








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 510 Ocean Pkwy APT 3J, Brooklyn, NY, 11218 at $405,000 posts ROI 15.15% with from $3,193/mo rent. Total monthly income equals $3,193/mo. Return on cash invested measures 15.15% and rental yield reads 9.46% at the current $405,000. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 by year five. Five-year ROI prints 81.27% and total cumulative return in cash totals $109,118. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,193/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1931
N/A lot
$N/A/sqft
$1,021 monthly HOA
Neighborhood data shown for ZIP Code: 11218, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,624 (100%) |
| Owner Occupied HU | 7,691 (27.8%) |
| Renter Occupied HU | 17,935 (64.9%) |
| Vacant Housing Units | 1,998 ( 7.2%) |
| Median Home Value | $1,054,643 |
| Average Home Value | $1,154,933 |
Residential
24,072
Single Family
6,875
Multi-Family
17,197
Businesses
1,595
Date | Event | Price |
|---|---|---|
| 2024-09-20 | Price change | $405,000 |
| 2024-08-07 | Listed for sale | $415,000 |
| 2024-08-02 | Listing removed | $428,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-01-11 | N/A | N/A | N/A | N/A |
| 2019-01-11 | N/A | N/A | N/A | N/A |
| 2018-01-11 | $75221.75 | N/A | $701,550 | 19.28% |



Listed by: Jason Abrishami • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1729364