








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 1D, New york, NY, 10017 earns from $5,132/mo rent with a $3,549/mo payment. Total monthly income totals $5,132/mo. ROI tracks 15.26% on current figures, and rental yield reads 8.49% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 80.82% and total cumulative return in cash sums $192,773. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,132/mo property income instead of your personal income.
Condo
Built in 1962
N/A lot
$N/A/sqft
$1,244 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 |
|---|---|---|
| 2025-05-03 | Price change | $725,000 |
| 2024-07-08 | Listed for sale | $750,000 |
| 2024-05-22 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-06-16 | $9370.72 | 6.03% | $87,102 | 21.66% |
| 2017-06-16 | $8837.66 | 1.97% | $71,594 | -4.08% |
| 2016-06-16 | $8667.12 | N/A | $74,641 | 4.66% |



Listed by: Juan Rodriguez • Ovation Properties, LLC
Mls Name: StreetEasy
Mls ID: #S1769207