








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 245 E 54th St APT 22M, New York, NY, 10022 listed at $720,000 pairs $5,592/mo rent with a $3,524/mo payment. Total monthly income runs $5,592/mo. Return on cash invested measures 13.67% in year one, and rental yield registers 9.32% at a $720,000 basis. Equity gained on principal adds $4,646/yr, and annual property appreciation at 5% supports $198,923 by year five. Five-year ROI tracks 73.73% and total cumulative return in cash totals $174,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,592/mo property income relative to a $3,524/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
N/A lot
$N/A/sqft
$2,046 monthly HOA
Neighborhood data shown for ZIP Code: 10022, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,279 (100%) |
| Owner Occupied HU | 11,002 (40.3%) |
| Renter Occupied HU | 11,015 (40.4%) |
| Vacant Housing Units | 5,262 (19.3%) |
| Median Home Value | $1,223,949 |
| Average Home Value | $1,331,078 |
Residential
18,774
Single Family
271
Multi-Family
18,503
Businesses
3,725
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Listed for sale | $720,000 |
| 2024-08-19 | Listing removed | $720,000 |
| 2024-07-05 | Price change | $720,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-02-12 | N/A | N/A | N/A | N/A |
| 2018-02-12 | $4831502.00 | N/A | $43,870,952 | 7.85% |
| 2017-02-12 | N/A | N/A | $40,676,400 | N/A |



Listed by: Elyse Dubin • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1752565