12 W 72nd St APT 10D, New York, NY, 10023 | Equity Gain $7,414/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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12 W 72nd St APT 10D, New York, NY, 10023 | Equity Gain $7,414/yr | 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 12 W 72nd St APT 10D, New York, NY, 10023 generates $3,974/mo in rent, after a $5,624/mo payment. Total monthly income is $3,974/mo. Return on cash invested sits at -3.93% in year one, and rental yield is 4.15% on a $1,149,000 entry. Equity gained on principal adds $7,414/yr, while 5% annual appreciation builds toward $317,448 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,974/mo property income rather than buyer’s personal income.

Condo

Built in 1927

N/A lot

$N/A/sqft

$3,840 monthly HOA

More details about the property

OPEN HOUSE SUNDAY 11:00 to 12:00 BY APPOINTMENT ONLY! OPPORTUNITY IS KNOCKING!!! ESTATE SALE PRICED TO SELL!!!! LAUNDRY NOW ALLOWED IN UNIT!! Alternate Floor Plan Available! Polish this gem and create instant equity! Welcome to The Oliver Cromwell Cooperative. The building was designed by Emery Roth and completed in 1927. It is a white glove full service door man elevator building. Just steps to Central Park this PRIME location is perfect to enjoy all the Upper West Side has to offer. Prewar Gem Corner Unit 2 Bedroom 2 Bath Apartment. The Living Room is generous in size, measures 26.6 X 15 and includes space for a dining table. Gracious Pre War Charm includes 9 foot ceilings, large windows, hard wood floors and beamed ceilings. The Master Bedroom has an Eu Suite Bathroom and a spacious Walk In Closet. The second bedroom is spacious. It can fit a queen size bed or would make a great nursery or office .It has a full wall of closets and a southern exposure. The kitchen has plenty of cabinets and counter space. There is a dishwasher and all full size appliances. The stove is a Viking Stove. There is a Live in Super, a laundry room , storage and a bike room. The prime location is walking distance to plenty of fine dining, boutiques, Lincoln Center, transportation and Columbus Circle. Create the home you want at an affordable price. No Flip Tax. Subletting permitted with board approval. It is pet friendly. Pied a Terre are permitted. Parents buying with children is allowed. Please contact listing agent for a private appointment if you can not make it to the open house. Located near the 1,2,3, B and C trains.

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