2 5th Ave APT 17H, New York, NY, 10011 | 4.35% Rental Yield

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2 5th Ave APT 17H, New York, NY, 10011 | 4.35% 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

Total monthly income runs $6,883/mo, and a $9,300/mo payment. Purchase price stands at $1,900,000, and rental yield measures 4.35% with $6,883/mo rent. Return on cash invested shows 9.05% in year one, and 5% annual appreciation builds toward $524,935 over five years. Five-year ROI reaches 45.18% and total cumulative return in cash records $278,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,883/mo property income covering a $9,300/mo payment rather than investor’s personal income.

Condo

Built in 1952

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Residence 17H, a beautiful 1-bedroom sponsor unit home offering 766 sq ft of light-filled interior space with sweeping skyline views. This fully gutted and meticulously renovated residence combines modern elegance with thoughtful functionality, all just steps from the iconic Washington Square Park. The inviting living and dining area is framed by oversized windows that flood the space with natural light, creating an airy and serene atmosphere. The brand-new kitchen boasts stainless steel appliances and refined finishes, while a generous walk-in closet with dressing room provides exceptional storage. Additional highlights include no board approval requiredmaking your move-in process seamless, central A/C, an in-unit washer/dryer, and walk-in closets with a dressing room. Residence 17H is a rare opportunity in one of the citys most coveted addresses. Two Fifth Avenue is a premiere Coop located just a block from Washington Square Park and features a private driveway. It is a full service Coop with 24/7 doorman and concierge services and has a library, fitness center, children's playroom, resident's lounge, laundry room and on-site parking garage. Two Fifth Avenue is a pet-friendly building and is centrally located to all Greenwich Village has to offer including parks, world-class restaurants, shopping and many transportation options.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10011, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	34,957 (100%)
Owner Occupied HU	10,815 (30.9%)
Renter Occupied HU	19,813 (56.7%)
Vacant Housing Units	4,329 (12.4%)
Median Home Value	$1,184,111
Average Home Value	$1,321,727