1160 3rd Ave APT 11K, New York, NY, 10065 | $1,779/mo Cash Flow

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1160 3rd Ave APT 11K, New York, NY, 10065 | $1,779/mo Cash Flow | 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

Investment property for sale in New York at 1160 3rd Ave APT 11K, New York, NY, 10065 uses $228,655 cash to close to unlock $21,343/yr annual cash flow and $1,779/mo monthly cash flow. Total monthly income runs $6,420/mo, and a $3,402/mo payment keeps the spread at $1,779/mo. Purchase price stands at $695,000, and rental yield measures 11.08% with $6,420/mo rent. Return on cash invested shows 29.39% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 154.32% and total cumulative return in cash records $352,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,420/mo property income covering a $3,402/mo payment rather than investor’s personal income.

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

High Floor Private Terrace Stunning Views The Frost House: the Perfect Upper East Side One Bedroom Perched high above the city, this sun-drenched one-bedroom offers open western views, a private terrace, and a renovated interiorideal for those seeking comfort, light, and outdoor space. Enjoy breathtaking sunsets from your terrace, spacious living areas, and a modern kitchen with stainless steel appliances. The king-sized bedroom features ample closets. Located in the full-service Frost House, residents enjoy a 24-hour doorman, elegant lobby, bike storage, and laundry room. Just one block to the 6 train, with the F and Q lines nearby.