








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 701 Franklin Ave APT 4, Brooklyn, NY, 11238 projects strong ROI of 3.51%. Rental yield 2.55%. With 5% annual appreciation, the property builds $1,005,665 in value over five years. Equity growth combined delivers a projected five-year ROI of 15.48%, translating into $182,525 in total cumulative return on $1,179,360 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1931
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
Date | Event | Price |
|---|---|---|
| 2024-06-24 | Listed for sale | $3,640,000 |
| 2021-08-11 | Listing removed | N/A |
| 2021-08-04 | Listed for rent | $3,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Luis Alvarez - Licensed Associate Real Estate Broker • EXP Realty BKNY
Mls Name: StreetEasy
Mls ID: #1723668