








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 27 W 72nd St #707, New York, NY, 10023 generates $9,480/mo in rent, after a $9,055/mo payment. Total monthly income is $9,480/mo. Return on cash invested sits at 11.6% in year one, and rental yield is 6.15% on a $1,850,000 entry. Equity gained on principal adds $11,938/yr, while 5% annual appreciation builds toward $511,121 over five years. Five-year ROI reaches 59.92% and total cumulative return in cash sums $359,149. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,480/mo property income rather than buyer’s personal income.
Condo
Built in 1924
N/A lot
$N/A/sqft
$1,508 monthly HOA
Neighborhood data shown for ZIP Code: 10023, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,765 (100%) |
| Owner Occupied HU | 13,628 (30.4%) |
| Renter Occupied HU | 23,478 (52.4%) |
| Vacant Housing Units | 7,659 (17.1%) |
| Median Home Value | $1,614,455 |
| Average Home Value | $1,528,815 |
Residential
39,952
Single Family
230
Multi-Family
39,722
Businesses
1,615
Date | Event | Price |
|---|---|---|
| 2025-05-08 | Sold | $1,850,000 |
| 2025-02-27 | Contingent | $2,098,000 |
| 2024-11-25 | Price change | $2,098,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $22639.00 | 2.20% | $188,524 | -7.96% |
| 2023-10-23 | $22151.00 | N/A | $204,838 | 19.57% |
| 2022-10-23 | N/A | N/A | $171,312 | 0.93% |



Listed by: Maria Lopez • Sotheby's International Realty
Mls Name: StreetEasy
Mls ID: #S1739839