








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 264 Lexington Ave APT 1C, New York, NY, 10016 uses $329,000 cash to close to unlock $9,224/yr annual cash flow and $769/mo monthly cash flow. Total monthly income runs $9,228/mo, and a $4,895/mo payment keeps the spread at $769/mo. Purchase price stands at $1,000,000, and rental yield measures 11.07% with $9,228/mo rent. Return on cash invested shows 22.86% in year one, and 5% annual appreciation builds toward $276,282 over five years. Five-year ROI reaches 121.65% and total cumulative return in cash records $400,228. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,228/mo property income covering a $4,895/mo payment rather than investor’s personal income.
Condo
Built in 1924
N/A lot
$N/A/sqft
$1,781 monthly HOA
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
Date | Event | Price |
|---|---|---|
| 2024-09-09 | Listed for sale | $1,000,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-10-15 | N/A | N/A | N/A | N/A |
| 2018-10-15 | $390727.34 | N/A | $3,750,750 | -1.63% |
| 2017-10-15 | N/A | N/A | $3,812,850 | N/A |



Listed by: Charisse Chassen - Licensed Real Estate Salesperson • Brown Harris Stevens
Mls Name: StreetEasy
Mls ID: #23182243