








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 169 Mercer St FLOOR 2, New York, NY, 10012 projects strong ROI of 2.02%. Rental yield 3.1%. With 5% annual appreciation, the property builds $965,604 in value over five years. Equity growth combined delivers a projected five-year ROI of 8.61%, translating into $97,544 in total cumulative return on $1,132,380 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
$3,008 monthly HOA
Neighborhood data shown for ZIP Code: 10012, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,191 (100%) |
| Owner Occupied HU | 2,772 (18.2%) |
| Renter Occupied HU | 10,378 (68.3%) |
| Vacant Housing Units | 2,041 (13.4%) |
| Median Home Value | $1,397,017 |
| Average Home Value | $1,448,345 |
Residential
14,177
Single Family
248
Multi-Family
13,929
Businesses
2,572
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Listed for rent | $16,500 |
| 2025-01-21 | Price change | $3,495,000 |
| 2024-10-29 | Price change | $3,600,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-02-13 | N/A | N/A | N/A | N/A |
| 2009-02-13 | N/A | N/A | N/A | N/A |



Listed by: Nick Gavin • Compass
Mls Name: StreetEasy
Mls ID: #S1750612