








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 250 Mercer St APT B603, New York, NY, 10012 offers a 5.6% rental yield on a $1,200,000 purchase with $5,598/mo rent. 67% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Portfolio math shows five-year ROI at 24.65% and total cumulative return in cash at $95,831. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,598/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1888
N/A lot
$N/A/sqft
$2,673 monthly HOA
Neighborhood data shown for ZIP Code: 10012, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,191 (100%) |
| Owner Occupied HU | 2,772 (18.2%) |
| Renter Occupied HU | 10,378 (68.3%) |
| Vacant Housing Units | 2,041 (13.4%) |
| Median Home Value | $1,397,017 |
| Average Home Value | $1,448,345 |
Residential
14,177
Single Family
248
Multi-Family
13,929
Businesses
2,572
Date | Event | Price |
|---|---|---|
| 2025-01-02 | Listed for sale | $1,200,000 |
| 2024-02-01 | Listing removed | $999,000 |
| 2024-01-17 | Listed for sale | $999,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Keren Ringler • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1748070