








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 235 E 40th St APT 11H, New York, NY, 10016 earns $759/mo cash flow from $6,032/mo rent with a $3,353/mo payment. Total monthly income totals $6,032/mo, and annual cash flow totals $9,113/yr on $225,365 capital. ROI tracks 24.1% on current figures, and rental yield reads 10.57% at a $685,000 purchase. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 over five years. Five-year ROI reaches 127.31% and total cumulative return in cash sums $286,906. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,032/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$698 monthly HOA
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
Date | Event | Price |
|---|---|---|
| 2024-09-13 | Listed for sale | $685,000 |
| 2021-08-23 | Listing removed | N/A |
| 2021-07-30 | Listed for rent | $2,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | N/A | N/A | $77,747 | 3.33% |
| 2022-09-15 | N/A | N/A | $75,240 | 0.85% |
| 2021-09-15 | N/A | N/A | $74,609 | -9.98% |



Listed by: David Glick - Licensed Associate Real Estate Broker • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #23155496