








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


Rental property for sale in Brooklyn at 88 Prospect Park W APT 4D, Brooklyn, NY, 11215 offers $6,235/mo rent that, after a $6,118/mo payment. Total monthly income is $6,235/mo. Return on cash invested measures 10.97% in year one, and rental yield stands at 5.99% at a $1,250,000 entry. Equity gained on principal adds $8,066/yr while 5% annual appreciation compounds into $345,352 by year five. Five-year ROI records 56.6% and total cumulative return in cash reaches $229,249. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,235/mo property income versus a $6,118/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1909
N/A lot
$N/A/sqft
$1,060 monthly HOA
Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,113 (100%) |
| Owner Occupied HU | 10,260 (33.0%) |
| Renter Occupied HU | 18,447 (59.3%) |
| Vacant Housing Units | 2,406 ( 7.7%) |
| Median Home Value | $1,666,185 |
| Average Home Value | $1,587,839 |
Residential
27,619
Single Family
7,344
Multi-Family
20,275
Businesses
2,297
Date | Event | Price |
|---|---|---|
| 2025-09-09 | Sold | $1,250,000 |
| 2025-06-10 | Contingent | $1,200,000 |
| 2025-05-27 | Price change | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Bryan Rettaliata • Corcoran
Mls Name: StreetEasy
Mls ID: #S1770209