








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 New York at 1 Irving Pl APT P10B, New York, NY, 10003 offers $9,980/mo rent that, after a $5,751/mo payment, leaves $964/mo cash flow. Total monthly income is $9,980/mo, and annual cash flow is $11,563/yr on $380,700 cash. Return on cash invested measures 23.41% in year one, and rental yield stands at 10.19% at a $1,175,000 entry. Equity gained on principal adds $7,582/yr while 5% annual appreciation compounds into $324,631 by year five. Five-year ROI records 123.5% and total cumulative return in cash reaches $470,146. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $9,980/mo property income versus a $5,751/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$1,170 monthly HOA
Neighborhood data shown for ZIP Code: 10003, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,236 (100%) |
| Owner Occupied HU | 8,911 (27.6%) |
| Renter Occupied HU | 19,242 (59.7%) |
| Vacant Housing Units | 4,083 (12.7%) |
| Median Home Value | $1,114,519 |
| Average Home Value | $1,316,464 |
Residential
30,451
Single Family
507
Multi-Family
29,944
Businesses
2,754
Date | Event | Price |
|---|---|---|
| 2024-05-02 | Price change | $1,175,000 |
| 2024-04-11 | Listed for sale | $1,395,000 |
| 2024-01-17 | Listing removed | $1,450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-10 | N/A | N/A | $157,723 | 2.81% |
| 2022-08-10 | N/A | N/A | $153,408 | 1.65% |
| 2021-08-10 | N/A | N/A | $150,921 | -10.22% |



Listed by: Elizabeth Kertes - Licensed Real Estate Broker • One Irving Place Realty
Mls Name: StreetEasy
Mls ID: #1710248