








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 12E, New York, NY, 10038 priced at $1,250,000 converts $4,975/mo rent into after a $6,118/mo obligation. Total monthly income equals $4,975/mo. Return on cash invested prints -3.3% in year one, and rental yield reads 4.78% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,975/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Condo
Built in 1927
N/A lot
$N/A/sqft
$4,615 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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $1,250,000 |
| 2025-04-10 | Contingent | $1,250,000 |
| 2025-02-19 | Price change | $1,250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-04-12 | N/A | N/A | N/A | N/A |
| 2018-04-12 | $1884350.10 | N/A | $16,371,900 | 4.54% |
| 2017-04-12 | N/A | N/A | $15,661,350 | N/A |



Listed by: Chimere Salem • Corcoran
Mls Name: StreetEasy
Mls ID: #S1765022