








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 812, New York, NY, 10038 uses $312,550 cash to close to unlock $4,138/yr annual cash flow and $345/mo monthly cash flow. Total monthly income runs $7,826/mo, and a $4,650/mo payment keeps the spread at $345/mo. Purchase price stands at $950,000, and rental yield measures 9.89% with $7,826/mo rent. Return on cash invested shows 21.38% in year one, and 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 112.94% and total cumulative return in cash records $353,006. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,826/mo property income covering a $4,650/mo payment rather than investor’s personal income.
Condo
Built in 1940
N/A lot
$N/A/sqft
$1,137 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 |
|---|---|---|
| 2024-06-28 | Price change | $950,000 |
| 2024-05-13 | Price change | $975,000 |
| 2023-11-15 | Listed for sale | $995,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-10 | N/A | N/A | $106,158 | 2.15% |
| 2022-08-10 | N/A | N/A | $103,928 | 9.85% |
| 2021-08-10 | N/A | N/A | $94,608 | -11.01% |



Listed by: Sara Romoli - Licensed Real Estate Broker • SR8 REALTY LLC
Mls Name: StreetEasy
Mls ID: #1689960