300 E 40th St APT 19N, New York, NY, 10016 | $343/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

300 E 40th St APT 19N, New York, NY, 10016 | $343/mo Cash Flow | Ziffy

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
- sft

300 E 40th St APT 8H, New York, NY, 10016

1 Bed
1 Bath
- sft

300 E 40th St APT 17D, New York, NY, 10016

- Bed
1 Bath
- sft

300 E 40th St APT 25A, New York, NY, 10016

1 Bed
1 Bath
- sft

300 E 40th St APT 21G, New York, NY, 10016

Nearby investment properties with comparable prices

1 Bed
2 Bath
- sft

300 W 23rd St #12IJ, New York, NY, 10011

- Bed
1 Bath
630 sft

435 W 19th St APT 3A, New York, NY, 10011

1 Bed
1 Bath
- sft

200 E 36th St APT 16C, New York, NY, 10016

2 Bed
1 Bath
- sft

264 Lexington Ave APT 4B, New York, NY, 10016

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in New York at 300 E 40th St APT 19N, New York, NY, 10016 uses $261,555 cash to close to unlock $4,119/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $7,926/mo, and a $3,891/mo payment keeps the spread at $343/mo. Purchase price stands at $795,000, and rental yield measures 11.96% with $7,926/mo rent. Return on cash invested shows 21.64% in year one, and 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 116.5% and total cumulative return in cash records $304,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,926/mo property income covering a $3,891/mo payment rather than investor’s personal income.

Apartment

Built in 1967

N/A lot

$N/A/sqft

$2,274 monthly HOA

More details about the property

FOR INVESTORS ONLY: tenant in place until August 2025 at $4150 a month Welcome to the coveted N line at The Churchill! A generous floorplan allows for more than ample living and dining space. Well equipped kitchen with breakfast bar completes the entertaining area . The oversized bedroom offers a work from home station, if desired. A balcony overlooking the city completes this beautiful space. Great light all day! The Churchill permits unlimited subletting, investors, co-purchasing, and pied-a-terre's. Up to 80% financing permitted. The Churchill offers 24-hour staff, concierge, live-in Resident Manager, central laundry room on every floor, an in-house garage, residents common lounge, one of the most spectacular panoramic landscaped rooftops (with a fireplace and cabanas), a pool (optional membership), and gym with men's and women's locker rooms (included) all with Chrysler Building, Empire State Building, Downtown Manhattan, and East River views. Circular driveway provide ease of dropping off, unpacking. Just east of Grand Central Terminal, life at The Churchill provides easy access to the 4,5,6,7 Subway lines and Metro North trains, amazing local restaurants and fabulous shopping.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10016, New York, NY area.

Housing Distribution

Housing Statistics

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