








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 26 Gramercy Park S APT 8E, New York, NY, 10003 priced at $580,000 converts $4,475/mo rent into after a $2,839/mo obligation. Total monthly income equals $4,475/mo. Return on cash invested prints 14.23% in year one, and rental yield reads 9.26% against a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation compiles into $160,243 by year five. Five-year ROI reaches 76.49% and total cumulative return in cash sums $145,953. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,475/mo property income covering a $2,839/mo payment, not borrower’s personal income.
Condo
Built in 1903
N/A lot
$N/A/sqft
$1,529 monthly HOA
Neighborhood data shown for ZIP Code: 10003, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,236 (100%) |
| Owner Occupied HU | 8,911 (27.6%) |
| Renter Occupied HU | 19,242 (59.7%) |
| Vacant Housing Units | 4,083 (12.7%) |
| Median Home Value | $1,114,519 |
| Average Home Value | $1,316,464 |
Residential
30,451
Single Family
507
Multi-Family
29,944
Businesses
2,754
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $580,000 |
| 2022-11-12 | Listing removed | N/A |
| 2022-11-04 | Listed for rent | $3,350 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Alexander Novack • Sotheby's International Realty
Mls Name: StreetEasy
Mls ID: #S1759579