1 Park Row #15C, New York, NY, 10038 | ROI: 7%

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1 Park Row #15C, New York, NY, 10038 | ROI: 7% | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in New York at 1 Park Row #15C, New York, NY, 10038 projects strong ROI of 7%. Rental yield 3.68%. With 5% annual appreciation, the property builds $828,845 in value over five years. Equity growth combined delivers a projected five-year ROI of 34.18%, translating into $332,183 in total cumulative return on $972,000 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.

Condo

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

One Park Row - Downtown Luxury, Iconic Views This 1,247-square-foot two-bedroom, two-bathroom residence features One Park Row's signature curved living room with sweeping north, west, and south views. The open gourmet kitchen is equipped with Gaggenau appliances, custom white oak cabinetry, and Breccia Grigio Eurasia marble countertops and backsplash. The primary suite offers a walk-in closet and a windowed spa-inspired bathroom. Designed by acclaimed firm Fogarty Finger, the building's sculptural architecture is complemented by refined interiors from Paris Forino, blending light, warmth, and luxury throughout. Residents enjoy a curated suite of amenities, including: - A 22nd-floor co-working and piano lounge with panoramic views - A fully equipped fitness center adjacent to a landscaped terrace - A rooftop terrace perfect for entertaining or relaxing - A dedicated pet run for pet-friendly living Located on the edge of Tribeca and in the heart of downtown, One Park Row offers unmatched access to world-class dining, shopping, cultural destinations, and seamless transportation-supporting a lifestyle of connection, inspiration, and convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10038, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,600 (100%)
Owner Occupied HU	2,863 (21.1%)
Renter Occupied HU	8,937 (65.7%)
Vacant Housing Units	1,800 (13.2%)
Median Home Value	$894,071
Average Home Value	$1,101,949