310 Lexington Ave APT 5-A, New York, NY, 10016 | $844/mo Cash Flow

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Price: $300K - 500K

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310 Lexington Ave APT 5-A, New York, NY, 10016 | $844/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New York at 310 Lexington Ave APT 5-A, New York, NY, 10016 uses $222,075 cash to close to unlock $10,131/yr annual cash flow and $844/mo monthly cash flow. Total monthly income runs $5,352/mo, and a $3,304/mo payment keeps the spread at $844/mo. Purchase price stands at $675,000, and rental yield measures 9.51% with $5,352/mo rent. Return on cash invested shows 24.62% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 128.74% and total cumulative return in cash records $285,903. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,352/mo property income covering a $3,304/mo payment rather than investor’s personal income.

Condo

Built in 1959

N/A lot

$N/A/sqft

No HOA

More details about the property

Stunning Oversized 1-Bedroom in Prime Midtown East 310 Lexington Ave #5A Excellent condition, 1-bedroom co-op with approx. 850 sq ft in a full-service elevator building. Features a spacious open layout, south & west exposures, and a large open kitchen with a dining areaperfect for entertaining. Sun-drenched living room, hardwood floors, updated finishes, and excellent closet space. Move-in ready and pin-drop quiet. Building offers 24/7 doorman, rooftop deck with skyline views, landscaped courtyard, laundry room, bike storage, private storage, and live-in super. Pet-friendly (2 pets max). 80% financing allowed. Pied--terre, co-purchasing, and guarantors permitted with board approval. Prime location near Grand Central, Bryant Park, dining, shopping, and multiple subway lines. A rare opportunity in one of Midtown Easts most desirable co-op buildings.

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