22 W 15th St, New York, NY, 10011 | ROI: 2.65%

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22 W 15th St, New York, NY, 10011 | ROI: 2.65% | 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 22 W 15th St, New York, NY, 10011 projects strong ROI of 2.65%. Rental yield 2.93%. With 5% annual appreciation, the property builds $882,720 in value over five years. Equity growth combined delivers a projected five-year ROI of 11.56%, translating into $119,697 in total cumulative return on $1,035,180 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Condo

Built in 1989

N/A lot

$N/A/sqft

$1,754 monthly HOA

More details about the property

Spectacular Penthouse Condo with terrace and views! Move right into this renovated 5 room, 2 Bedroom, 2 Bath home in the heart of the Flatiron District right off of Fifth Avenue. Large Living room with fabulous views, chefs kitchen with marble counters, top of the line stainless steel appliances including Sub Zero fridge, wine cooler, Viking stove and Bosch dishwasher. Kitchen opens to dining room with great north views to Empire State and Chrysler buildings. Terrace with views of the city and river. Primary suite with en-suite renovated bathroom with tub and shower. New wood floors throughout, fully renovated with built out closets, moldings and washer/dryer. Enjoy the fabulous roof deck and exercise room Full service luxury condo. Convenient to all transportation, shopping, restaurants in every direction and Union Square Market. The real estate taxes quoted are for non-primary end users

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