








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in New York at 161 W 61st St APT 16D, New York, NY, 10023 listed at $695,000 pairs $4,522/mo rent with a $3,402/mo payment. Total monthly income runs $4,522/mo. Return on cash invested measures 15.24% in year one, and rental yield registers 7.81% at a $695,000 basis. Equity gained on principal adds $4,485/yr, and annual property appreciation at 5% supports $192,016 by year five. Five-year ROI tracks 79.94% and total cumulative return in cash totals $182,790. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,522/mo property income relative to a $3,402/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
$799 monthly HOA
Neighborhood data shown for ZIP Code: 10023, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,765 (100%) |
| Owner Occupied HU | 13,628 (30.4%) |
| Renter Occupied HU | 23,478 (52.4%) |
| Vacant Housing Units | 7,659 (17.1%) |
| Median Home Value | $1,614,455 |
| Average Home Value | $1,528,815 |
Residential
39,952
Single Family
230
Multi-Family
39,722
Businesses
1,615
Date | Event | Price |
|---|---|---|
| 2025-01-10 | Listed for sale | $695,000 |
| 2022-11-15 | Listing removed | N/A |
| 2022-11-10 | Listed for rent | $2,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $8653.00 | N/A | $70,440 | 3.48% |
| 2022-02-13 | N/A | N/A | $68,072 | 2.20% |
| 2021-02-13 | N/A | N/A | $66,609 | -10.97% |



Listed by: Maria Paula • Corcoran
Mls Name: StreetEasy
Mls ID: #S1749295