








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 Manhattan at 251 E 51st St APT 14A, Manhattan, NY, 10022 generates $4,872/mo in rent and, after a $2,398/mo payment, leaves $570/mo in cash flow. Total monthly income is $4,872/mo, and annual cash flow is $6,842/yr on $162,435 invested. Return on cash invested sits at 24.12% in year one, and rental yield is 11.93% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 128.85% and total cumulative return in cash sums $209,304. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,872/mo property income rather than buyer’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
$1,030 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 |
|---|---|---|
| 2025-09-02 | Sold | $490,000 |
| 2025-07-01 | Contingent | $499,000 |
| 2025-05-08 | Listed for sale | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Linda Block • Compass
Mls Name: StreetEasy
Mls ID: #S1770071