








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 57 Montague St APT 2A, Brooklyn, NY, 11201 priced at $1,375,000 converts $8,297/mo rent into after a $6,730/mo obligation. Total monthly income equals $8,297/mo. Return on cash invested prints 9.96% in year one, and rental yield reads 7.24% against a $1,375,000 entry. Equity gained on principal adds $8,873/yr, while 5% annual appreciation compiles into $379,887 by year five. Five-year ROI reaches 52.93% and total cumulative return in cash sums $235,818. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,297/mo property income covering a $6,730/mo payment, not borrower’s personal income.
Condo
Built in 1949
N/A lot
$N/A/sqft
$2,981 monthly HOA
Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.
| 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 |
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
Date | Event | Price |
|---|---|---|
| 2024-11-04 | Price change | $1,375,000 |
| 2024-09-27 | Price change | $1,450,000 |
| 2024-09-09 | Price change | $1,500,000 |
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 | $597347.20 | N/A | $6,520,050 | 30.40% |



Listed by: Lior Cohen • Brooklyn Heights Real Estate Inc
Mls Name: StreetEasy
Mls ID: #S1717764