








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New York at 225 W 60th St APT 9D, New York, NY, 10023 priced at $899,000 converts $8,654/mo rent into $1,769/mo cash flow after a $4,400/mo obligation. Total monthly income equals $8,654/mo, and annual cash flow totals $21,225/yr on $295,771 invested. Return on cash invested prints 27.24% in year one, and rental yield reads 11.55% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 144.04% and total cumulative return in cash sums $426,034. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,654/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$882 monthly HOA
Neighborhood data shown for ZIP Code: 10023, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,765 (100%) |
| Owner Occupied HU | 13,628 (30.4%) |
| Renter Occupied HU | 23,478 (52.4%) |
| Vacant Housing Units | 7,659 (17.1%) |
| Median Home Value | $1,614,455 |
| Average Home Value | $1,528,815 |
Residential
39,952
Single Family
230
Multi-Family
39,722
Businesses
1,615
Date | Event | Price |
|---|---|---|
| 2024-07-15 | Price change | $899,000 |
| 2024-06-14 | Price change | $915,000 |
| 2024-05-28 | Listed for sale | $965,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Saul Evan Shapiro - Licensed Real Estate Salesperson • Compass
Mls Name: StreetEasy
Mls ID: #1719168