1965 Broadway APT 17J, New York, NY, 10023 | 4.39% Rental Yield

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1965 Broadway APT 17J, New York, NY, 10023 | 4.39% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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 1965 Broadway APT 17J, New York, NY, 10023 earns from $4,207/mo rent with a $5,629/mo payment. Total monthly income totals $4,207/mo. ROI tracks 6.97% on current figures, and rental yield reads 4.39% at a $1,150,000 purchase. Equity gained on principal adds $7,421/yr, and 5% annual appreciation supports $317,724 over five years. Five-year ROI reaches 34.82% and total cumulative return in cash sums $129,753. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,207/mo property income instead of your personal income.

Condo

Built in 1997

N/A lot

$N/A/sqft

$688 monthly HOA

More details about the property

Apartment 17J at The Grand Millennium offers an exceptional living experience in the heart of Manhattan's Lincoln Square. This high-floor one-bedroom condominium features a spacious layout with high ceilings and hardwood floors throughout. The open kitchen is equipped with stainless steel appliances, providing a modern and functional space for cooking and entertaining. The living and dining areas are generously sized, offering ample space for relaxation and gatherings. Large windows allow natural light to flood the apartment, creating a bright and inviting atmosphere. The bedroom is well-proportioned, providing a comfortable retreat with ample closet space. A full bathroom is conveniently located, featuring modern fixtures and finishes. Residents can enjoy the convenience of in-unit laundry facilities and climate control for year-round comfort. The Grand Millennium is a full-service luxury condominium building, offering amenities such as a 24-hour doorman, concierge services, and a bike room. Residents enjoy a prime location just steps away from Lincoln Center, Central Park, and a variety of dining, shopping, and entertainment options. The building is also pet-friendly, ensuring a welcoming environment for all residents. This apartment presents a rare opportunity to experience upscale living in one of Manhattan's most desirable neighborhoods.

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