








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 116 W 22nd St APT 3, New York, NY, 10011 projects strong ROI of 19.72%. Rental yield 8.78%. With 5% annual appreciation, the property builds $634,066 in value over five years. Equity growth combined delivers a projected five-year ROI of 103.49%, translating into $769,545 in total cumulative return on $743,580 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$1,876 monthly HOA
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,957 (100%) |
| Owner Occupied HU | 10,815 (30.9%) |
| Renter Occupied HU | 19,813 (56.7%) |
| Vacant Housing Units | 4,329 (12.4%) |
| Median Home Value | $1,184,111 |
| Average Home Value | $1,321,727 |
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Listed for rent | $10,000 |
| 2024-04-26 | Listed for sale | $2,295,000 |
| 2021-07-30 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | N/A | N/A | $396,086 | -7.69% |
| 2022-10-15 | N/A | N/A | $429,070 | 25.00% |
| 2021-10-15 | N/A | N/A | $343,256 | -6.85% |



Listed by: Chris Connor - Licensed Associate Real Estate Broker • Compass
Mls Name: StreetEasy
Mls ID: #1713522