70 Remsen St APT 4J, Brooklyn, NY, 11201 | 8.62% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

70 Remsen St APT 4J, Brooklyn, NY, 11201 | 8.62% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Motivated Seller+ 1 more

2 Bed
2 Bath
848 sft

647-653 Kennedy Blvd #107, Bayonne, NJ, 07002

2 Bed
2 Bath
1118 sft

611 Hidden Village Drive UNIT 611, Perth Amboy, NJ, 08861

1 Bed
1 Bath
642 sft

9801 Shore Rd, Brooklyn, NY, 11209

1 Bed
1 Bath
750 sft

7261 Shore Rd APT 1P, Brooklyn, NY, 11209

Nearby investment properties with comparable prices

2 Bed
2 Bath
- sft

29 E Price St #4, Linden, NJ, 07036

- Bed
1 Bath
- sft

70 Remsen St APT 6J, Brooklyn, NY, 11201

- Bed
1 Bath
- sft

70 Remsen St APT 6I, Brooklyn, NY, 11201

1 Bed
2 Bath
960 sft

207 Shearwater Ct W APT 43, Jersey City, NJ, 07305

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Brooklyn at 70 Remsen St APT 4J, Brooklyn, NY, 11201 with 5% annual appreciation on a $380,000 basis while $2,730/mo rent supports operations. 93% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,987 alongside rental yield of 8.62%. Five-year ROI measures 49.27% and total cumulative return in cash totals $62,065. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,730/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1928

N/A lot

$N/A/sqft

$1,345 monthly HOA

More details about the property

Welcome to Unit 4J at 70 Remsen Street, a delightful studio in the historic Brooklyn Heights neighborhood. As you enter, you'll be greeted by a welcoming foyer with ample space for a bookshelf or storage. The foyer provides a convenient spot to pause and collect your thoughts or belongings while the generous sized coat closet offers practicality, keeping the area tidy and organized. The kitchen has been renovated with new cabinets and tiled floors, as well as a new Avanti Elite gas range. The living areas open layout enhances the flow and usability of the space, allowing you to efficiently meet all your needs. Large windows flood the studio with natural light, enhancing the airy ambiance and making the space feel even more expansive. Additional special features include: hardwood flooring, ELFA system walk-in closet, renovated bathroom with contemporary tiles and Jado shower system. 70 Remsen St is a landmarked building with an ornate common lobby, 24-hour doorman, newly renovated laundry room, bike room, package room and a full time superintendent. This quintessential Brooklyn Heights block brings an abundance of charm and tranquility to your day with its centurys old brownstones and leafy trees from the moment you venture outside. The location is just minutes away from Brooklyn Bridge Park, the Brooklyn Heights Promenade, boutique shops, neighborhood restaurants and a vast array of transit options. Contact us today to schedule an appointment.

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