








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 55 Eastern Pkwy APT 1H, Brooklyn, NY, 11238 offers $3,958/mo rent that, after a $3,646/mo payment. Total monthly income is $3,958/mo. Return on cash invested measures 8.87% in year one, and rental yield stands at 6.38% at a $745,000 entry. Equity gained on principal adds $4,807/yr while 5% annual appreciation compounds into $205,830 by year five. Five-year ROI records 46.52% and total cumulative return in cash reaches $114,020. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,958/mo property income versus a $3,646/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1925
N/A lot
$N/A/sqft
$1,269 monthly HOA
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
Date | Event | Price |
|---|---|---|
| 2025-02-04 | Listed for sale | $745,000 |
| 2021-04-26 | Sold | $640,000 |
| 2021-01-13 | Pending sale | $650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-02-13 | N/A | N/A | N/A | N/A |
| 2009-02-13 | N/A | N/A | N/A | N/A |
| 2008-02-13 | N/A | N/A | N/A | N/A |



Listed by: Teri Cavanaugh • Corcoran
Mls Name: StreetEasy
Mls ID: #S1752609