








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 253 W 16th St APT 6D, New York, NY, 10011 earns from $3,724/mo rent with a $2,912/mo payment. Total monthly income totals $3,724/mo. ROI tracks 13.24% on current figures, and rental yield reads 7.51% at a $595,000 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 over five years. Five-year ROI reaches 69.58% and total cumulative return in cash sums $136,214. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,724/mo property income instead of your personal income.
Condo
Built in 1930
N/A lot
$N/A/sqft
$864 monthly HOA
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,957 (100%) |
| Owner Occupied HU | 10,815 (30.9%) |
| Renter Occupied HU | 19,813 (56.7%) |
| Vacant Housing Units | 4,329 (12.4%) |
| Median Home Value | $1,184,111 |
| Average Home Value | $1,321,727 |
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
Date | Event | Price |
|---|---|---|
| 2025-05-31 | Listed for sale | $595,000 |
| 2006-09-28 | Sold | $349,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-06-02 | N/A | N/A | N/A | N/A |
| 2009-06-02 | N/A | N/A | N/A | N/A |
| 2008-06-02 | N/A | N/A | N/A | N/A |



Listed by: Donna Renna • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1773986