








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Brooklyn at 70 Washington St APT 5L, Brooklyn, NY, 11201 offers a 10.36% rental yield on a $1,495,000 purchase with $12,907/mo rent. Total monthly income registers $12,907/mo, and a $7,317/mo payment leaves $1,581/mo available for distribution. Annual cash flow reaches $18,971/yr on $484,380 to close, and return on cash invested stands at 24.29% in year one. Equity gained on principal adds $9,647/yr while 5% annual appreciation supports $413,041 over five years. Portfolio math shows five-year ROI at 128.07% and total cumulative return in cash at $620,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $12,907/mo property income against a $7,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1916
N/A lot
$N/A/sqft
$1,343 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 |
|---|---|---|
| 2024-08-12 | Price change | $1,495,000 |
| 2024-08-05 | Listed for rent | $7,500 |
| 2024-06-11 | Listed for sale | $1,585,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | N/A | N/A | $204,417 | 2.66% |
| 2022-08-30 | N/A | N/A | $199,122 | 18.69% |
| 2021-08-30 | N/A | N/A | $167,765 | -11.86% |



Listed by: Holly Parker - Licensed Associate Real Estate Broker • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #0