








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 8735 Bay Pkwy APT A66, Brooklyn, NY, 11214 offers a 14.63% rental yield on a $379,000 purchase with $4,622/mo rent. Total monthly income registers $4,622/mo, and a $1,855/mo payment leaves $1,214/mo available for distribution. Annual cash flow reaches $14,569/yr on $125,639 to close, and return on cash invested stands at 31.51% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 168.73% and total cumulative return in cash at $211,991. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,622/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1930
N/A lot
$N/A/sqft
$877 monthly HOA
Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,434 (100%) |
| Owner Occupied HU | 10,119 (28.6%) |
| Renter Occupied HU | 23,064 (65.1%) |
| Vacant Housing Units | 2,251 ( 6.4%) |
| Median Home Value | $988,547 |
| Average Home Value | $1,082,264 |
Residential
28,784
Single Family
11,176
Multi-Family
17,608
Businesses
1,701
Date | Event | Price |
|---|---|---|
| 2024-07-31 | Price change | $379,000 |
| 2024-06-14 | Listed for sale | $398,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-08-14 | N/A | N/A | N/A | N/A |
| 2019-08-14 | N/A | N/A | N/A | N/A |
| 2018-08-14 | $263247.75 | N/A | $2,378,250 | 0.90% |



Listed by: Chana Ofek - Licensed Real Estate Broker • Chana Ofek, LREB
Mls Name: StreetEasy
Mls ID: #1720897