








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 Manhattan at 16 W 16th St APT 4PN, Manhattan, NY, 10011 generates $5,603/mo in rent, after a $3,793/mo payment. Total monthly income is $5,603/mo. Return on cash invested sits at 17.09% in year one, and rental yield is 8.68% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 90.16% and total cumulative return in cash sums $229,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,603/mo property income rather than buyer’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
$1,058 monthly HOA
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,957 (100%) |
| Owner Occupied HU | 10,815 (30.9%) |
| Renter Occupied HU | 19,813 (56.7%) |
| Vacant Housing Units | 4,329 (12.4%) |
| Median Home Value | $1,184,111 |
| Average Home Value | $1,321,727 |
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Listed for sale | $775,000 |
| 2024-07-08 | Listing removed | $779,000 |
| 2024-06-14 | Price change | $779,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-10-15 | N/A | N/A | N/A | N/A |



Listed by: Michael Engstrom - Licensed Associate Real Estate Broker • Compass
Mls Name: StreetEasy
Mls ID: #1738673