








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 845 59th St, Brooklyn, NY, 11220 projects strong ROI of 8.74%. Rental yield 4.25%. With 5% annual appreciation, the property builds $687,941 in value over five years. Equity growth combined delivers a projected five-year ROI of 43.51%, translating into $351,055 in total cumulative return on $806,760 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 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11220, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,465 (100%) |
| Owner Occupied HU | 6,364 (19.6%) |
| Renter Occupied HU | 24,149 (74.4%) |
| Vacant Housing Units | 1,952 ( 6.0%) |
| Median Home Value | $1,106,071 |
| Average Home Value | $1,109,570 |
Residential
22,134
Single Family
7,854
Multi-Family
14,280
Businesses
2,771
Date | Event | Price |
|---|---|---|
| 2024-05-01 | Price change | $2,490,000 |
| 2024-02-20 | Price change | $2,530,000 |
| 2024-01-31 | Price change | $2,540,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | N/A | N/A | $91,980 | 4.29% |
| 2022-08-14 | N/A | N/A | $88,200 | -7.08% |
| 2021-08-14 | N/A | N/A | $94,920 | 13.65% |



Listed by: Janice Chan - Licensed Real Estate Salesperson • Remax Edge
Mls Name: StreetEasy
Mls ID: #1679907