








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New York at 123 Washington St APT 39A, New York, NY, 10006 offers $7,944/mo rent that, after a $5,555/mo payment. Total monthly income is $7,944/mo. Return on cash invested measures 15.69% in year one, and rental yield stands at 8.4% at a $1,135,000 entry. Equity gained on principal adds $7,324/yr while 5% annual appreciation compounds into $313,580 by year five. Five-year ROI records 82.89% and total cumulative return in cash reaches $304,804. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,944/mo property income versus a $5,555/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2010
N/A lot
$N/A/sqft
$1,800 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 |
|---|---|---|
| 2024-09-18 | Listing removed | $5,600 |
| 2024-08-11 | Listed for sale | $1,135,000 |
| 2024-07-30 | Listed for rent | $5,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | N/A | N/A | $105,070 | 4.21% |
| 2022-10-15 | N/A | N/A | $100,823 | N/A |
| 2021-10-15 | N/A | N/A | $100,823 | -9.68% |



Listed by: Richard Nassimi - Licensed Associate Real Estate Broker • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #23145351