153 E 57th St APT 14H, New York, NY, 10022 | 10% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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153 E 57th St APT 14H, New York, NY, 10022 | 10% 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

Total monthly income runs $5,825/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 10% with $5,825/mo rent. Return on cash invested shows 15.48% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 83.56% and total cumulative return in cash records $192,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,825/mo property income covering a $3,421/mo payment rather than investor’s personal income.

Condo

Built in 1960

N/A lot

$N/A/sqft

$2,035 monthly HOA

More details about the property

Step into refined city living in this beautifully appointed 1-bedroom, 1-bath cooperative in the heart of Midtown Manhattan. Bright, elegant, and perched high above the city, this renovated apartment in the prestigious Gotham Towne House boasts breathtaking cityscape views and sophisticated interior finishes designed for comfort and style. Property Highlights: Expansive living and dining area with gorgeous wide plank hardwood floors; Oversized bedroom with custom built-ins and more than ample space for a king-sized bed; Custom blackout window treatments for added luxury and comfort; Elegant custom moldings and CitiQuiet windows for peace and privacy; Sleek stainless steel kitchen appliances, natural gas cooking, under-cabinet lighting, granite countertops, Built-in wine cooler and a granite breakfast nook; Modern marble bathroom with a sleek glass-enclosed shower; Building Amenities: Full-service elevator building 24-hour doorman Laundry room in building Trash chute on each floor Pet-friendly Prime Midtown Location: Enjoy unbeatable access to the best of Manhattan!! Just steps from Trader Joes, Whole Foods, world-class restaurants, bars and premier shopping. Transportation is a breeze with a bus stop at your doorstep and subway lines just a short walk away(N/Q/R/W, E/M, 4/5/6). Dont miss this opportunity to own a stylish, move-in-ready home in one of Manhattans most desirable neighborhoods. Schedule your private showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 10022, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,279 (100%)
Owner Occupied HU	11,002 (40.3%)
Renter Occupied HU	11,015 (40.4%)
Vacant Housing Units	5,262 (19.3%)
Median Home Value	$1,223,949
Average Home Value	$1,331,078