








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 20 Pine St APT 1613, New York, NY, 10005 offers a 9.7% rental yield on a $1,795,000 purchase with $14,515/mo rent. Total monthly income registers $14,515/mo, and a $8,786/mo payment leaves $430/mo available for distribution. Annual cash flow reaches $5,159/yr on $581,580 to close, and return on cash invested stands at 21.26% in year one. Equity gained on principal adds $11,583/yr while 5% annual appreciation supports $495,925 over five years. Portfolio math shows five-year ROI at 112.19% and total cumulative return in cash at $652,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $14,515/mo property income against a $8,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1928
N/A lot
$N/A/sqft
$2,098 monthly HOA
Neighborhood data shown for ZIP Code: 10005, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 858 (12.4%) |
| Renter Occupied HU | 4,911 (70.8%) |
| Vacant Housing Units | 1,170 (16.9%) |
| Median Home Value | $1,555,556 |
| Average Home Value | $1,549,382 |
Residential
6,784
Single Family
3
Multi-Family
6,781
Businesses
676
Date | Event | Price |
|---|---|---|
| 2024-07-12 | Price change | $1,795,000 |
| 2024-06-10 | Listed for sale | $1,895,000 |
| 2024-06-07 | Listing removed | $1,895,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-10 | N/A | N/A | $272,186 | 3.28% |
| 2022-08-10 | N/A | N/A | $263,551 | 5.85% |
| 2021-08-10 | N/A | N/A | $248,988 | -10.47% |



Listed by: Alexander Madrigal - Licensed Real Estate Salesperson • Sotheby's International Realty
Mls Name: StreetEasy
Mls ID: #1720929