








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 212 E 48th St APT 7D, New York, NY, 10017 offers a 9% rental yield on a $650,000 purchase with $4,873/mo rent. 62% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 53.13% and total cumulative return in cash at $113,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,873/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1924
N/A lot
$N/A/sqft
$2,394 monthly HOA
Neighborhood data shown for ZIP Code: 10017, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,285 (100%) |
| Owner Occupied HU | 3,713 (27.9%) |
| Renter Occupied HU | 7,419 (55.8%) |
| Vacant Housing Units | 2,153 (16.2%) |
| Median Home Value | $795,643 |
| Average Home Value | $1,007,195 |
Residential
12,099
Single Family
49
Multi-Family
12,050
Businesses
3,212
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $650,000 |
| 2018-07-19 | Sold | $710,000 |
| 2018-04-13 | Pending sale | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-03-16 | N/A | N/A | N/A | N/A |
| 2009-03-16 | N/A | N/A | N/A | N/A |
| 2008-03-16 | N/A | N/A | N/A | N/A |



Listed by: Pamela Marcus • Corcoran
Mls Name: StreetEasy
Mls ID: #S1759503