








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 New York at 111 Fulton St APT 514, New York, NY, 10038 offers a 9.4% rental yield on a $1,595,000 purchase with $12,499/mo rent. 18% in year one. Equity gained on principal adds $10,292/yr while 5% annual appreciation supports $440,669 over five years. Portfolio math shows five-year ROI at 106.47% and total cumulative return in cash at $550,205. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $12,499/mo property income against a $7,807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1940
N/A lot
$N/A/sqft
$1,930 monthly HOA
Neighborhood data shown for ZIP Code: 10038, New York, NY area.
| 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 |
Residential
13,418
Single Family
55
Multi-Family
13,363
Businesses
1,334
Date | Event | Price |
|---|---|---|
| 2024-02-06 | Listed for sale | $1,595,000 |
| 2021-02-25 | Listing removed | N/A |
| 2021-01-09 | Listed for rent | $6,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-10 | N/A | N/A | $186,317 | 2.15% |
| 2022-08-10 | N/A | N/A | $182,400 | 9.85% |
| 2021-08-10 | N/A | N/A | $166,043 | -11.01% |



Listed by: Johanna Beiter - Licensed Real Estate Salesperson • Corcoran
Mls Name: StreetEasy
Mls ID: #1698435