








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 1D, New York, NY, 10016 with 5% annual appreciation on a $635,000 basis while $4,812/mo rent supports operations. 92% in year one. Equity gained on principal adds $4,098/yr, and five-year appreciation sums $175,439 alongside rental yield of 9.09%. Five-year ROI measures 69.75% and total cumulative return in cash totals $145,712. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,812/mo property income versus a $3,108/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1924
N/A lot
$N/A/sqft
$1,815 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 |
|---|---|---|
| 2025-08-13 | Sold | $635,000 |
| 2025-07-10 | Contingent | $600,000 |
| 2025-05-01 | Listed for sale | $600,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-10-08 | N/A | N/A | N/A | N/A |
| 2018-10-08 | $390727.34 | N/A | $3,750,750 | -1.63% |
| 2017-10-08 | N/A | N/A | $3,812,850 | N/A |



Listed by: Ryan Gloor • Compass
Mls Name: StreetEasy
Mls ID: #S1766576