








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 241 5th Ave APT 12C, New York, NY, 10016 generates $4,308/mo in rent, after a $5,751/mo payment. Total monthly income is $4,308/mo. Return on cash invested sits at 5.21% in year one, and rental yield is 4.4% on a $1,175,000 entry. Equity gained on principal adds $7,582/yr, while 5% annual appreciation builds toward $324,631 over five years. Five-year ROI reaches 26.03% and total cumulative return in cash sums $99,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,308/mo property income rather than buyer’s personal income.
Condo
Built in 2012
N/A lot
$N/A/sqft
$1,271 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 |
|---|---|---|
| 2025-02-02 | Listed for sale | $1,175,000 |
| 2024-07-09 | Listing removed | $1,175,000 |
| 2024-06-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $12615.00 | N/A | $112,118 | 1.92% |
| 2022-02-13 | N/A | N/A | $110,010 | -0.48% |
| 2021-02-13 | N/A | N/A | $110,545 | -10.65% |



Listed by: Andrew Corso • Compass
Mls Name: StreetEasy
Mls ID: #S1752168