70 Remsen St APT 6J, Brooklyn, NY, 11201 | 8.55% 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 6J, Brooklyn, NY, 11201 | 8.55% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1764 sft

154 Freeman St, Woodbridge, NJ, 07095

Airbnb Potential+ 1 more

2 Bed
1 Bath
880 sft

39 Hill Street, Keansburg, NJ, 07734

1 Bed
1 Bath
600 sft

7401 4th Ave APT E7, Brooklyn, NY, 11209

2 Bed
1 Bath
529 sft

5306 4th Ave #3B, Brooklyn, NY, 11220

Nearby investment properties with comparable prices

2 Bed
2 Bath
- sft

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

1 Bed
2 Bath
960 sft

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

- Bed
1 Bath
- sft

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

2 Bed
2 Bath
- sft

432 Tournament-6C3103, Union, NJ, 07083

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 6J, Brooklyn, NY, 11201 offers a 8.55% rental yield on a $380,000 purchase with $2,708/mo rent. 98% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 49.42% and total cumulative return in cash at $62,257. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,708/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1928

N/A lot

$N/A/sqft

$1,318 monthly HOA

More details about the property

Turnkey studio n historic Brooklyn Heights! This extra large studio with ample storage space has an updated kitchen and bathroom and beautiful hardwood floors throughout. Enter through a proper foyer with full reach in coat closet and the spacious main living area features two oversized eastern-facing windows and a large walk-in closet. The windowed kitchen has been fully renovated, complete with stainless steel gas range, over hood microwave, stainless steel refrigerator, and granite countertop. The windowed bathroom is lined with marble tiling. Located in the heart of Brooklyn Heights, The Remsen was originally built as a hotel in 1929. It features an exquisite arched Romanesque facade and is situated on a peaceful, tree-lined block just a stones throw away from the shops and restaurants on nearby Montague St as well as the iconic Brooklyn Promenade and Brooklyn Bridge Park. Additionally, 70 Remsen is just one subway stop away from Manhattan with the 2/3/4/5/R trains all readily available minutes away from the building. The buildings features include a 24-hour concierge, live-in super, central laundry room, bike storage, and an elevator. Pets are welcome upon approval! Note there is on going monthly assessment of $425.07

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