








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 Manhattan at 24 5th Ave APT 423, Manhattan, NY, 10011 at $750,000 posts ROI 35% with $3,072/mo cash flow from $9,794/mo rent. Total monthly income equals $9,794/mo, and annual cash flow records $36,858/yr on $246,750 to close. Return on cash invested measures 35% and rental yield reads 15.67% at the current $750,000. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 by year five. Five-year ROI prints 187.4% and total cumulative return in cash totals $462,402.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,794/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1926
N/A lot
$N/A/sqft
$1,714 monthly HOA
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
| 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 |
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Price change | $750,000 |
| 2024-06-18 | Listed for sale | $795,000 |
| 2024-01-18 | Sold | $760,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-08-30 | N/A | N/A | N/A | N/A |



Listed by: Josh Rubin - Licensed Associate Real Estate Broker • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #23066922