








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 176 Broadway APT 12D, New York, NY, 10038 priced at $1,200,000 pairs $12,228/mo rent with $149/mo cash flow after a $5,873/mo payment. Total monthly income equals $12,228/mo, and annual cash flow comes to $1,788/yr on $388,800 invested. Return on cash invested is 20.83% in year one, and rental yield stands at 12.23% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 112.88% and total cumulative return in cash reaches $438,875. For financing, Ziffy Mortgage’s DSCR program evaluates $12,228/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1927
N/A lot
$N/A/sqft
$4,066 monthly HOA
Neighborhood data shown for ZIP Code: 10038, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,600 (100%) |
| Owner Occupied HU | 2,863 (21.1%) |
| Renter Occupied HU | 8,937 (65.7%) |
| Vacant Housing Units | 1,800 (13.2%) |
| Median Home Value | $894,071 |
| Average Home Value | $1,101,949 |
Residential
13,418
Single Family
55
Multi-Family
13,363
Businesses
1,334
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Listed for sale | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-09-05 | N/A | N/A | N/A | N/A |
| 2018-09-05 | $1884350.10 | N/A | $16,371,900 | 4.54% |
| 2017-09-05 | N/A | N/A | $15,661,350 | N/A |



Listed by: Ting Hu - Licensed Real Estate Salesperson • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #23110862