








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in New York at 316 W 47th St APT 3F, New York, NY, 10036 listed at $699,000 pairs $7,158/mo rent with a $3,421/mo payment to leave $1,742/mo cash flow. Total monthly income runs $7,158/mo, and annual cash flow reaches $20,909/yr on $229,971 cash to close. Return on cash invested measures 29.15% in year one, and rental yield registers 12.29% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 154.44% and total cumulative return in cash totals $355,178. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,158/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1920
N/A lot
$N/A/sqft
$748 monthly HOA
Neighborhood data shown for ZIP Code: 10036, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,094 (100%) |
| Owner Occupied HU | 1,821 ( 8.2%) |
| Renter Occupied HU | 17,192 (77.8%) |
| Vacant Housing Units | 3,081 (13.9%) |
| Median Home Value | $1,328,629 |
| Average Home Value | $1,335,710 |
Residential
21,186
Single Family
110
Multi-Family
21,076
Businesses
5,329
Date | Event | Price |
|---|---|---|
| 2024-08-01 | Listed for sale | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Cynthia Crowley - Licensed Associate Real Estate Broker • Olshan Realty
Mls Name: StreetEasy
Mls ID: #1728445