57 Front St #PENTHOUSE 702BrooklynNY11201
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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 57 Front St #PENTHOUSE 702, Brooklyn, NY, 11201 offers a 6.97% rental yield on a $1,065,500 purchase with $6,185/mo rent. 14% in year one. Equity gained on principal adds $6,876/yr while 5% annual appreciation supports $294,378 over five years. Portfolio math shows five-year ROI at 88.53% and total cumulative return in cash at $305,616. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,185/mo property income against a $5,215/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,878 (100%) |
| Owner Occupied HU | 10,690 (27.5%) |
| Renter Occupied HU | 23,599 (60.7%) |
| Vacant Housing Units | 4,589 (11.8%) |
| Median Home Value | $1,369,636 |
| Average Home Value | $1,410,575 |
Housing Distribution
Address Breakdown
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
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