








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 16 Warren St APT 2, New York, NY, 10007 priced at $1,450,000 pairs $18,055/mo rent with $7,568/mo cash flow after a $7,097/mo payment. Total monthly income equals $18,055/mo, and annual cash flow comes to $90,818/yr on $469,800 invested. Return on cash invested is 39.7% in year one, and rental yield stands at 14.94% on a $1,450,000 basis. Equity gained on principal adds $9,357/yr, and 5% annual appreciation accumulates to $400,608 by year five. Five-year ROI measures 210.29% and total cumulative return in cash reaches $987,921. For financing, Ziffy Mortgage’s DSCR program evaluates $18,055/mo property income against a $7,097/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$804 monthly HOA
Neighborhood data shown for ZIP Code: 10007, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,044 (100%) |
| Owner Occupied HU | 1,410 (28.0%) |
| Renter Occupied HU | 3,001 (59.5%) |
| Vacant Housing Units | 633 (12.5%) |
| Median Home Value | $1,607,143 |
| Average Home Value | $1,583,307 |
Residential
4,089
Single Family
14
Multi-Family
4,075
Businesses
1,149
Date | Event | Price |
|---|---|---|
| 2024-08-09 | Listed for rent | $8,000 |
| 2024-06-10 | Listed for sale | $1,450,000 |
| 2023-01-29 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-11 | N/A | N/A | $320,552 | -7.69% |
| 2022-08-11 | N/A | N/A | $347,255 | 8.90% |
| 2021-08-11 | N/A | N/A | $318,869 | 3.00% |



Listed by: Mitchell Cashwell - Licensed Real Estate Salesperson • NYC Village Real Estate
Mls Name: StreetEasy
Mls ID: #1721477