166 W 76th St APT 5A, New York, NY, 10023 | $1,142/mo Cash Flow

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166 W 76th St APT 5A, New York, NY, 10023 | $1,142/mo Cash Flow | Ziffy

For Sale

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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 166 W 76th St APT 5A, New York, NY, 10023 earns $1,142/mo cash flow from $7,273/mo rent with a $3,274/mo payment. Total monthly income totals $7,273/mo, and annual cash flow totals $13,703/yr on $220,101 capital. ROI tracks 26.29% on current figures, and rental yield reads 13.05% at a $669,000 purchase. Equity gained on principal adds $4,317/yr, and 5% annual appreciation supports $184,832 over five years. Five-year ROI reaches 140.94% and total cumulative return in cash sums $310,203. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,273/mo property income instead of your personal income.

Condo

Built in 1900

N/A lot

$N/A/sqft

$1,664 monthly HOA

More details about the property

This is an amazing South-facing one bedroom, one bath on tree-lined street apartment that offers great lighting as well as spacious. It is situated at the most convenient West Side location. Surrounded by brownstones, this co-op offers great open views. It features hardwood floors, decorative molding, thru wall air conditioning as well ample storage space. The kitchen showcases Corian countertops, roomy cabinet and full-size stainless steel appliances, including an extra-large Sub-Zero refrigerator and gas range. Just outside, a large dining alcove provides plenty of space for a table and chairs while the long wall of closets guarantee that storage will never be a concern. The oversized bedroom has plenty of a space for a king-size bed as well as a walk-in closet. 166 West 76 is a well-managed cooperative with various amenities such as live-in manager, virtual doorman, bike room, central laundry and a beautiful roof deck. It is located near the best dining, shopping (Trader Joes and Zar Bar), transportation, parks. PS. the photos are from previous tenant.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10023, New York, NY area.

Housing Distribution

Housing Statistics

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