260 W 10th St APT 2W, New York, NY, 10014 | 4.27% Rental Yield

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260 W 10th St APT 2W, New York, NY, 10014 | 4.27% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in New York at 260 W 10th St APT 2W, New York, NY, 10014 offers a 4.27% rental yield on a $1,450,000 purchase with $5,160/mo rent. 4% in year one. Equity gained on principal adds $9,357/yr while 5% annual appreciation supports $400,608 over five years. Portfolio math shows five-year ROI at 11.86% and total cumulative return in cash at $55,713. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,160/mo property income against a $7,097/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1910

N/A lot

$N/A/sqft

$2,511 monthly HOA

More details about the property

Welcome to 260 West 10th Street #2W, a quintessential West Village gem that perfectly blends historic charm with modern convenience. This 1-bedroom, 1-bathroom residence offers a serene retreat in one of New York City's most coveted neighborhoods. As you step into this inviting home, you are greeted by high ceilings and abundant natural light that accentuate the spaciousness of the living area. The open kitchen is designed for both functionality and style, making it special for culinary enthusiasts. The living room features a wood-burning fireplace, adding warmth and character to the space, while exposed brick enhances the artistic and creative ambiance. The bedroom is a peaceful sanctuary, providing ample space for relaxation. The full bathroom includes a bathtub, offering a perfect place to unwind after a long day. One of the standout features of this residence is the private terrace, where you can enjoy your morning coffee or evening relaxation while taking in the vibrant surroundings. Located in the heart of the West Village, this home is surrounded by an array of charming coffee shops, renowned restaurants, and boutique stores. The historic neighborhood is known for its artistic flair and warm community feel. Additionally, the proximity to the river provides easy access to scenic walks and outdoor activities. Residents of this building benefit from a range of amenities, including on-site parking, a renovated roof deck, and a free on-site laundry facility. These conveniences ensure that your daily living experience is both comfortable and enjoyable. 260 West 10th Street #2W is more than just a place to live; it is a place to call home. Don't miss the opportunity to become part of this vibrant and historic community. Contact us today to schedule a viewing and experience the unique charm of this West Village residence. 2% flip tax paid by buyer. Originally built in 1897, The Stables is an historic building that was converted into an intimate cooperative residential building in 1974. Free laundry facility On-site parking available Renovated roof deck Pet Friendly

Neighborhood Data

Neighborhood data shown for ZIP Code: 10014, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,730 (100%)
Owner Occupied HU	5,412 (24.9%)
Renter Occupied HU	13,475 (62.0%)
Vacant Housing Units	2,843 (13.1%)
Median Home Value	$1,392,361
Average Home Value	$1,447,235