141 E 3rd St APT 4B, New York, NY, 10009 | 7.85% Rental Yield

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141 E 3rd St APT 4B, New York, NY, 10009 | 7.85% Rental Yield | 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 141 E 3rd St APT 4B, New York, NY, 10009 earns from $4,898/mo rent with a $3,666/mo payment. Total monthly income totals $4,898/mo. ROI tracks 19.56% on current figures, and rental yield reads 7.85% at a $749,000 purchase. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 over five years. Five-year ROI reaches 101.57% and total cumulative return in cash sums $250,288. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,898/mo property income instead of your personal income.

Condo

Built in 1929

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully renovated one-bedroom apartment! Ageloff Towers is located at 141 E 3rd St in the heart of Manhattans vibrant East Village. This stylish home blends classic prewar character with contemporary finishes, creating a bright and inviting living space that feels both modern and timeless. The apartment features 9 ft ceilings, refinished hardwood floors and oversized windows that flood the rooms with natural light. The living area offers a warm, open layout ideal for both relaxing and entertaining. The kitchen is sleek and functional, boasting stainless steel appliances and custom cabinetry with ample storage space. The bedroom is spacious and peaceful, with room for a queen-size bed and additional furniture, while the bathroom has been tastefully updated with glass subway tile, and chrome features for a slick modern look. Building amenities include bike room, laundry room, live-in super and package room. Located on a charming tree-lined block between Avenues A and 1st Avenue , youll be steps away from Tompkins Square Park, trendy cafs, boutique shops, and some of the best dining in the East Village and Lower East Side. Convenient access to the F and J/M/Z subway lines makes commuting a breeze. Perfect for first-time buyers, investors, or anyone seeking a downtown lifestyle with character and convenience, 141 East 3rd Street is a true New York gem. There is currently a monthly assessment of $187.04

Neighborhood Data

Neighborhood data shown for ZIP Code: 10009, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	33,143 (100%)
Owner Occupied HU	3,150 ( 9.5%)
Renter Occupied HU	27,711 (83.6%)
Vacant Housing Units	2,282 ( 6.9%)
Median Home Value	$825,844
Average Home Value	$931,918