








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 32 Gramercy Park S APT 17D, New York, NY, 10003 offers $5,447/mo rent that, after a $6,118/mo payment. Total monthly income is $5,447/mo. Return on cash invested measures 3.79% in year one, and rental yield stands at 5.23% at a $1,250,000 entry. Equity gained on principal adds $8,066/yr while 5% annual appreciation compounds into $345,352 by year five. Five-year ROI records 19.88% and total cumulative return in cash reaches $80,509. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,447/mo property income versus a $6,118/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1956
N/A lot
$N/A/sqft
$2,694 monthly HOA
Neighborhood data shown for ZIP Code: 10003, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,236 (100%) |
| Owner Occupied HU | 8,911 (27.6%) |
| Renter Occupied HU | 19,242 (59.7%) |
| Vacant Housing Units | 4,083 (12.7%) |
| Median Home Value | $1,114,519 |
| Average Home Value | $1,316,464 |
Residential
30,451
Single Family
507
Multi-Family
29,944
Businesses
2,754
Date | Event | Price |
|---|---|---|
| 2025-04-20 | Listed for sale | $1,250,000 |
| 2023-10-02 | Listing removed | N/A |
| 2023-08-28 | Price change | $1,275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-04-21 | N/A | N/A | N/A | N/A |
| 2009-04-21 | N/A | N/A | N/A | N/A |
| 2008-04-21 | N/A | N/A | N/A | N/A |



Listed by: William Hobbs • Evans Nye, Inc
Mls Name: StreetEasy
Mls ID: #S1766361