112 W 72nd St APT 6G, New York, NY, 10023 | 4.61% Rental Yield

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112 W 72nd St APT 6G, New York, NY, 10023 | 4.61% Rental Yield | 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 112 W 72nd St APT 6G, New York, NY, 10023 priced at $1,249,000 converts $4,798/mo rent into after a $6,113/mo obligation. Total monthly income equals $4,798/mo. Return on cash invested prints 4.15% in year one, and rental yield reads 4.61% against a $1,249,000 entry. Equity gained on principal adds $8,060/yr, while 5% annual appreciation compiles into $345,076 by year five. Five-year ROI reaches 20.97% and total cumulative return in cash sums $84,875. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,798/mo property income covering a $6,113/mo payment, not borrower’s personal income.

Condo

Built in 1905

N/A lot

$N/A/sqft

$1,927 monthly HOA

More details about the property

Live Just One Block Off Central Park! Located at 112 West 72nd Street, Apt 6G, this beautifully appointed 2-bedroom, 2-bathroom home sits in the heart of the Upper West Sidejust one block from Central Park and moments from the best of city living. Set within the sought-after Gallery Condominium, this elegant residence offers a perfect balance of charm, comfort, and modern convenience. Inside, youll find soaring 9-foot ceilings, generous natural light, and a thoughtful layout designed for both relaxing and entertaining. The chefs kitchen is fully outfitted with a Viking gas oven-range, Sub-Zero refrigerator, and Miele dishwasher, making it a dream for any home cook. The spacious living area flows effortlessly and feels both open and inviting. Each bedroom enjoys the privacy of its own en-suite bathroom, and the massive walk-in closet provides incredible storage. Whether youre hosting guests, working remotely, or settling in for a cozy night, this home checks every box. Additional amenities include video intercom, elevator access, a live-in superintendent, and a central laundry roomall adding convenience to your daily routine. Outside your door, the Upper West Side buzzes with energy. Enjoy being one block to Central Park, with the citys best jogging paths, playgrounds, and green spaces at your fingertips. Youre surrounded by fantastic restaurants, cafes, shopping, and fitness studios. Plus, commuting is effortless with two subway stations (B/C and 1/2/3 lines) just a block away, making downtown or uptown travel quick and convenient. 112 West 72nd Street, Apt 6G is more than a homeits a lifestyle. Experience classic Upper West Side living, modern comforts, and one of Manhattans most desirable addresses. Note: There is a current building assessment that is fully covered by the seller.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10023, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	44,765 (100%)
Owner Occupied HU	13,628 (30.4%)
Renter Occupied HU	23,478 (52.4%)
Vacant Housing Units	7,659 (17.1%)
Median Home Value	$1,614,455
Average Home Value	$1,528,815