201 W 16th St APT 9B, New York, NY, 10011 | 5.31% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

201 W 16th St APT 9B, New York, NY, 10011 | 5.31% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
- sft

34 Lancaster Ave, Maplewood, NJ, 07040

3 Bed
2 Bath
1654 sft

146 Riche Ave, Staten Island, NY, 10314

3 Bed
3 Bath
2000 sft

6 Parrott Pl, Brooklyn, NY, 11228

4 Bed
3 Bath
2426 sft

110 82nd St, Brooklyn, NY, 11209

Nearby investment properties with comparable prices

4 Bed
5 Bath
- sft

29 Maple Terrace, Millburn, NJ, 07041

2 Bed
1 Bath
- sft

353 W 11th St APT 2B, New York, NY, 10014

2 Bed
2 Bath
1335 sft

1 Shore Ln APT 2207, Jersey City, NJ, 07310

2 Bed
2 Bath
1068 sft

2 Shore Ln UNIT 402, Jersey City, NJ, 07310

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New York at 201 W 16th St APT 9B, New York, NY, 10011 offers a 5.31% rental yield on a $1,395,000 purchase with $6,178/mo rent. 4% in year one. Equity gained on principal adds $9,002/yr while 5% annual appreciation supports $385,413 over five years. Portfolio math shows five-year ROI at 32.99% and total cumulative return in cash at $149,122. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,178/mo property income against a $6,828/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1930

N/A lot

$N/A/sqft

$2,125 monthly HOA

More details about the property

Discover the timeless charm and modern elegance of this sun-drenched, beautifully renovated corner 1BR/1BA pre-war home in one of Chelsea's most beloved co-ops. This residence offers an inviting ambiance and an impeccable blend of classic details and contemporary comforts. Step into a welcoming foyer that leads to a grand living room with 9-foot beamed ceilings and thermopane casement windows, infusing the space with natural light and capturing a glimpse of the building's 1920s era charm. The renovated windowed kitchen features custom cabinetry, stainless steel appliances, and dishwasher, creating an ideal space for cooking and entertaining. The expansive bedroom easily accommodates a king-sized bed, offering custom built-ins for storage and tranquil tree-top views through double-pane windows. Espresso hardwood floors run throughout, and the beautifully updated bathroom includes premium fixtures like a Toto toilet, Duravit basin, and Hansgrohe fittings. For added convenience, the unit can be offered fully furnished. Situated high above a peaceful, tree-lined street, this remarkable home places you at the heart of Chelseajust steps from the vibrant West Village and the Meatpacking District, with easy access to all the areas best dining, shopping, and cultural venues. Residents enjoy premium amenities, including a 24-hour doorman, an expansive, beautifully landscaped rooftop deck with panoramic views of the NYC skyline, on-site laundry, storage units, a bike room, and a live-in superintendent. Experience the best of city living in this exquisite Chelsea gemwhere classic charm meets modern luxury. Please note tenants are in place through February 2025.

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