160 9th Ave APT 3R, New York, NY, 10011 | $140/mo Cash Flow

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160 9th Ave APT 3R, New York, NY, 10011 | $140/mo Cash Flow | 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 160 9th Ave APT 3R, New York, NY, 10011 listed at $699,000 pairs $5,974/mo rent with a $3,421/mo payment to leave $140/mo cash flow. Total monthly income runs $5,974/mo, and annual cash flow reaches $1,685/yr on $229,971 cash to close. Return on cash invested measures 20.79% in year one, and rental yield registers 10.26% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 110.4% and total cumulative return in cash totals $253,886. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,974/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1920

N/A lot

$N/A/sqft

$1,166 monthly HOA

More details about the property

On the best block of Chelsea, surrounded by Manhattan's most beloved restaurants, clubs, shopping, Google HQ and the Highline, 160 Ninth Avenue is the location coveted by all and 160 Ninth Avenue 3R is the chic one bedroom apartment with the brightest light., pin drop quiet, privacy and sky high views that will transport you to Paris, Rome or Madrid. Offered for the first time in decades, 160 Ninth Avenue 3R, just a few flights up in a boutique co-op, is the rarest one bedroom on the market. Designed to waste not an inch of space, 160 Ninth Avenue 3R is a masterpiece of chic European style coupled with a post-industrial Italian aesthetic. The fully equipped kitchen (gas range, full size refrigerator, dishwasher and abundant cabinet space) is open to the wide living room offering all day southeastern light and perfect for entertaining. The bathroom has storage galore and is fully renovated. The living room offers a decorative fireplace, a full-room closet/storage unit and sunny views to ivy-clad buildings and the sky. The bedroom is also cleverly designed to allow additional storage and has a big window onto trees without a neighbor in sight. Enjoy a fully integrated Sonos sound system in all the rooms along with recessed lighting on dimmers making personal enjoyment and entertaining a delight. Feed the birds from your large windows, work from home with the sense that you are in a country cottage, stroll to charming cafes and bakeries or walk the Highline; all of this awaits you and so much more at 160 Ninth Avenue 3R. Make an appointment with the exclusive broker today to view this co-op one bedroom with Board approval required. Sorry, no laundry or bike storage in the building. Assessment of $117.33/month until 12/31/25.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10011, New York, NY area.

Housing Distribution

Housing Statistics

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