








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 3 Hanover Sq APT 21C, New York, NY, 10004 offers $4,834/mo rent that, after a $3,916/mo payment. Total monthly income is $4,834/mo. Return on cash invested measures 5.78% in year one, and rental yield stands at 7.25% at a $800,000 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $221,025 by year five. Five-year ROI records 32.02% and total cumulative return in cash reaches $84,272. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,834/mo property income versus a $3,916/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1926
N/A lot
$N/A/sqft
$2,624 monthly HOA
Neighborhood data shown for ZIP Code: 10004, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 383 (14.8%) |
| Renter Occupied HU | 1,792 (69.2%) |
| Vacant Housing Units | 414 (16.0%) |
| Median Home Value | $1,496,988 |
| Average Home Value | $1,488,773 |
Residential
2,407
Single Family
6
Multi-Family
2,401
Businesses
956
Date | Event | Price |
|---|---|---|
| 2024-12-18 | Price change | $800,000 |
| 2024-12-04 | Listed for sale | $895,000 |
| 2024-08-25 | Listing removed | $945,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-02-13 | N/A | N/A | N/A | N/A |
| 2018-02-13 | $2513748.20 | N/A | $24,909,300 | 27.88% |
| 2017-02-13 | N/A | N/A | $19,479,150 | N/A |



Listed by: Andrew Corso • Compass
Mls Name: StreetEasy
Mls ID: #S1745973