








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 201 E 28th St #17C, New York, NY, 10016 uses $157,463 cash to close to unlock $5,003/yr annual cash flow and $417/mo monthly cash flow. Total monthly income runs $4,703/mo, and a $2,325/mo payment keeps the spread at $417/mo. Purchase price stands at $475,000, and rental yield measures 11.88% with $4,703/mo rent. Return on cash invested shows 23.09% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 123.59% and total cumulative return in cash records $194,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,703/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
$1,114 monthly HOA
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
Date | Event | Price |
|---|---|---|
| 2024-09-26 | Listed for sale | $475,000 |
| 2013-05-08 | Sold | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Maria Serena Torresy • Brown Harris Stevens
Mls Name: StreetEasy
Mls ID: #S1734934