








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 111 Fulton St APT 515, New York, NY, 10038 generates $7,483/mo in rent and, after a $3,622/mo payment, leaves $1,420/mo in cash flow. Total monthly income is $7,483/mo, and annual cash flow is $17,044/yr on $243,460 invested. Return on cash invested sits at 27.06% in year one, and rental yield is 12.13% on a $740,000 entry. Equity gained on principal adds $4,775/yr, while 5% annual appreciation builds toward $204,448 over five years. Five-year ROI reaches 143.82% and total cumulative return in cash sums $350,146. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,483/mo property income rather than buyer’s personal income.
Condo
Built in 1940
N/A lot
$N/A/sqft
$1,121 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 |
|---|---|---|
| 2024-05-14 | Listed for sale | $740,000 |
| 2020-10-06 | Listing removed | $850,000 |
| 2020-08-13 | Listed for sale | $850,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-10 | N/A | N/A | $105,015 | 2.15% |
| 2022-08-10 | N/A | N/A | $102,807 | 9.85% |
| 2021-08-10 | N/A | N/A | $93,588 | -11.01% |



Listed by: Bernice Leventhal - Licensed Real Estate Salesperson • Corcoran
Mls Name: StreetEasy
Mls ID: #1716646