100 W 57th St APT 7I, New York, NY, 10019 | Equity Gain $897/yr

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Monthly Cash Flow: 1 - 3k+

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100 W 57th St APT 7I, New York, NY, 10019 | Equity Gain $897/yr | 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

Rental property for sale in New York at 100 W 57th St APT 7I, New York, NY, 10019 offers $1,176/mo rent that, after a $680/mo payment. Total monthly income is $1,176/mo. Return on cash invested measures -26.03% in year one, and rental yield stands at 10.15% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,176/mo property income versus a $680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1962

N/A lot

$N/A/sqft

$2,012 monthly HOA

More details about the property

Create your perfect home and live in the center of it all in this huge alcove studio. Watch the Thanksgiving Parade from the comfort of your home. Approximately 650sf, this sunny, east facing apartment is the largest studio in the building, easily converted into a Junior one bedroom. There is a full separate kitchen and an abundance of storage with 3 great closets including a large walk-in. Solid wood parquet flooring throughout. Carnegie House is a full-service doorman building with a Concierge, valet service, bike room, private storage, plus an on-site garage offering a 25% resident discount. This is a pet friendly building and allows pied-a-terres and parents buying for children. This is Midtown at its best, convenient to all with Central Park two blocks away, museums, theater, restaurants, and shopping all steps away. This is a cash sale. Beginning 9/1 there is a monthly special assessment of $540.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10019, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,231 (100%)
Owner Occupied HU	4,717 (13.4%)
Renter Occupied HU	24,438 (69.4%)
Vacant Housing Units	6,076 (17.2%)
Median Home Value	$962,650
Average Home Value	$1,201,466