213 E 17th St #2, New York, NY, 10003 | $1,503/mo Cash Flow

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213 E 17th St #2, New York, NY, 10003 | $1,503/mo Cash Flow | 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

Investment property for sale in New York at 213 E 17th St #2, New York, NY, 10003 listed at $925,000 pairs $8,425/mo rent with a $4,527/mo payment to leave $1,503/mo cash flow. Total monthly income runs $8,425/mo, and annual cash flow reaches $18,041/yr on $304,325 cash to close. Return on cash invested measures 25.99% in year one, and rental yield registers 10.93% at a $925,000 basis. Equity gained on principal adds $5,969/yr, and annual property appreciation at 5% supports $255,560 by year five. Five-year ROI tracks 137.12% and total cumulative return in cash totals $417,301. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,425/mo property income relative to a $4,527/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1855

N/A lot

$N/A/sqft

$745 monthly HOA

More details about the property

Welcome to a truly one-of-a-kind brownstone one bedroom duplex located on a charming picturesque park block in the heart of Gramercy. This exceptional home combines contemporary design with timeless character, offering the perfect blend of comfort and function. The apartment enjoys a wood-burning fireplace, radiant heated floors, venetian polished walls, and a backdrop of exposed brick. Thoughtful touches include custom built-in sofa with added storage underneath, recessed lighting, and unique fixtures that add to the space's inviting ambiance. Outfitted with vintage stainless steel cabinets, a side-by-side U-Line refrigerator and freezer, sleek dark granite countertops, and a Miele dishwasher, the kitchen is worthy of all home chefs. A spacious lower-level south-facing bedroom is bathed with natural light and features custom built-ins including an office area. The renovated bathroom is a luxurious retreat, featuring Duravit fixtures, a deep Zen Japanese soaking tub, and dual rain shower heads. A washer/dryer is for added for further convenience. Enjoy classic city living in this unique Gramercy duplex, with low maintenance fees of just $745. This apartment is pet-friendly and offers a great opportunity for those seeking a special home in one of New York's most sought-after neighborhoods.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10003, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	32,236 (100%)
Owner Occupied HU	8,911 (27.6%)
Renter Occupied HU	19,242 (59.7%)
Vacant Housing Units	4,083 (12.7%)
Median Home Value	$1,114,519
Average Home Value	$1,316,464