








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 4C, New York, NY, 10004 generates $4,068/mo in rent, after a $3,181/mo payment. Total monthly income is $4,068/mo. Return on cash invested sits at 11.7% in year one, and rental yield is 7.51% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 61.92% and total cumulative return in cash sums $132,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,068/mo property income rather than buyer’s personal income.
Condo
Built in 1926
N/A lot
$N/A/sqft
$1,217 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 |
|---|---|---|
| 2025-04-22 | Listed for sale | $650,000 |
| 2018-06-01 | Sold | $685,000 |
| 2018-04-13 | Pending sale | $695,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-04-22 | N/A | N/A | N/A | N/A |
| 2009-04-22 | N/A | N/A | N/A | N/A |
| 2008-04-22 | N/A | N/A | N/A | N/A |



Listed by: Alex Grapstein • Corcoran
Mls Name: StreetEasy
Mls ID: #S1766789