








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 123 Washington St APT 35E, New York, NY, 10006 with 5% annual appreciation on a $1,250,000 basis while $10,039/mo rent supports operations. Total monthly income totals $10,039/mo and a $6,118/mo payment preserves $291/mo for cash returns. Annual cash flow comes to $3,490/yr on $405,000 deployed, and return on cash invested reaches 21.23% in year one. Equity gained on principal adds $8,066/yr, and five-year appreciation sums $345,352 alongside rental yield of 9.64%. Five-year ROI measures 111.99% and total cumulative return in cash totals $453,565.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $10,039/mo property income versus a $6,118/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2010
N/A lot
$N/A/sqft
$1,401 monthly HOA
Neighborhood data shown for ZIP Code: 10006, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,605 (100%) |
| Owner Occupied HU | 306 (11.7%) |
| Renter Occupied HU | 1,922 (73.8%) |
| Vacant Housing Units | 377 (14.5%) |
| Median Home Value | $1,093,023 |
| Average Home Value | $1,164,624 |
Residential
2,816
Single Family
4
Multi-Family
2,812
Businesses
542
Date | Event | Price |
|---|---|---|
| 2023-11-10 | Listing removed | N/A |
| 2023-04-22 | Listed for sale | $1,250,000 |
| 2018-05-30 | Listing removed | $4,288 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-10 | N/A | N/A | $93,980 | 4.21% |
| 2022-08-10 | N/A | N/A | $90,181 | -0.00% |
| 2021-08-10 | N/A | N/A | $90,182 | -9.68% |



Listed by: Jennie Ma - Licensed Associate Real Estate Broker • Corcoran
Mls Name: StreetEasy
Mls ID: #1658401