210 E 36th St APT 5B, New York, NY, 10016 | 7.48% Rental Yield

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210 E 36th St APT 5B, New York, NY, 10016 | 7.48% 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 $2,556/mo, and a $2,007/mo payment. Purchase price stands at $410,000, and rental yield measures 7.48% with $2,556/mo rent. Return on cash invested shows 6.4% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 35.34% and total cumulative return in cash records $48,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,556/mo property income covering a $2,007/mo payment rather than investor’s personal income.

Condo

Built in 1960

N/A lot

$N/A/sqft

$1,348 monthly HOA

More details about the property

PRICE DROP! LOVELY LOFT-LIKE ALCOVE STUDIO! This very bright, generously proportioned and renovated south-facing alcove studio features a versatile open floor plan that offers ample space for relaxing, sleeping, and dining. A wall of noise-dampening shutters and radiator covers add elegance and character, enhancing the serene ambience. The spacious sleeping alcove easily accommodates a king size bed plus additional furniture. The kitchen features stainless steel appliances, including a full size refrigerator and dishwasher, and is accented by a subway tile backsplash and ceiling fan; the pristine bath features recessed lighting and a vanity sink. Storage space is in abundance, with both double and single closets in the large entry, plus another closet and a built-in system in the dressing area. This tranquil move-in ready gem enjoys delightful light and open views to the east and overlooks gardens to the south. All dimensions are approximate. Video is available. #5B is occupied; kindly provide 24 hours notice for showings. Conveniently located in the heart of Murray Hill near a wealth of transportation, dining and shopping options, 210 East 36th Street has a live-in superintendent, doorman service from 4pm-12am daily, and video security. Amenities include a roof deck, a residents patio, a laundry, and private storage and bike storage for rent. Pets are welcome; sublets, pied a terres and parents buying with children are permitted. 80% financing. Maintenance is approximately 50% tax deductible.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10016, New York, NY area.

Housing Distribution

Housing Statistics

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