





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 240 E 46th St APT 10D, New York, NY, 10017 listed at $695,000 pairs $4,861/mo rent with a $3,402/mo payment. Total monthly income runs $4,861/mo. Return on cash invested measures 14.86% in year one, and rental yield registers 8.39% at a $695,000 basis. Equity gained on principal adds $4,485/yr, and annual property appreciation at 5% supports $192,016 by year five. Five-year ROI tracks 78.67% and total cumulative return in cash totals $179,874. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,861/mo property income relative to a $3,402/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1962
N/A lot
$N/A/sqft
$1,211 monthly HOA
Neighborhood data shown for ZIP Code: 10017, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,285 (100%) |
| Owner Occupied HU | 3,713 (27.9%) |
| Renter Occupied HU | 7,419 (55.8%) |
| Vacant Housing Units | 2,153 (16.2%) |
| Median Home Value | $795,643 |
| Average Home Value | $1,007,195 |
Residential
12,099
Single Family
49
Multi-Family
12,050
Businesses
3,212
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $695,000 |
| 2020-12-02 | Listing removed | $749,000 |
| 2020-07-14 | Listed for sale | $749,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | N/A | N/A | $90,842 | -6.45% |
| 2022-10-15 | N/A | N/A | $97,106 | 11.57% |
| 2021-10-15 | N/A | N/A | $87,036 | -11.99% |



Listed by: Marc Bunag - Licensed Real Estate Salesperson • Bond New York
Mls Name: StreetEasy
Mls ID: #1739428