225 E 57th St APT 15C, New York, NY, 10022 | 8.14% Rental Yield

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225 E 57th St APT 15C, New York, NY, 10022 | 8.14% Rental Yield | Ziffy

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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 225 E 57th St APT 15C, New York, NY, 10022 offers a 8.14% rental yield on a $799,000 purchase with $5,420/mo rent. Equity gained on principal adds $5,156/yr while 5% annual appreciation supports $220,749 over five years. Portfolio math shows five-year ROI at 49.14% and total cumulative return in cash at $129,174. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,420/mo property income against a $3,911/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1964

N/A lot

$N/A/sqft

$2,506 monthly HOA

More details about the property

Contact Seller's Agent (pictured directly above) for an appointment. You will -not- be connected to the Seller's Agent if you click "schedule a showing" or "ask a question". Beautifully renovated MASSIVE 1-bedroom home with private outdoor space! Full-service co-op where *monthly maintenance includes utilities, electricity, and air conditioning*!! Amazing location with Whole Foods directly across the street, a new Trader Joe's two blocks away, Bloomingdales around the corner, Central Park a short stroll to the west, crosstown bus at the corner, 4/5/6/N/R/W trains at 59th and Lex, and E/M trains at 53rd and Lex. With open city views, this high-floor, blissfully quiet apartment boasts a beautiful terrace perfect for relaxing on after a long day, an oversize living room, a large separate dining foyer, a built-in custom home office, terrific closet space including a walk-in, gorgeous strip hardwood floors, a marble bathroom, and a generous windowed kitchen with all stainless steel appliances and custom cabinetry. Harridge House is white-glove building where residents enjoy 24-hour doorman, live-in superintendent, renovated hallways, lovely roof deck, two state-of-the art laundry rooms, bike storage, private storage rooms, and an on-site garage with direct building access. Permitted: up to 75% financing, pied-a-terre, co-purchasing, and subletting for total of 5 years in aggregate after 4 years of residency. Cats allowed. Only service and ESA dogs allowed with additional ESA application.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10022, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,279 (100%)
Owner Occupied HU	11,002 (40.3%)
Renter Occupied HU	11,015 (40.4%)
Vacant Housing Units	5,262 (19.3%)
Median Home Value	$1,223,949
Average Home Value	$1,331,078