32 Gramercy Park S APT 6B, New York, NY, 10003 | 7.26% Rental Yield

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32 Gramercy Park S APT 6B, New York, NY, 10003 | 7.26% Rental Yield | 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 32 Gramercy Park S APT 6B, New York, NY, 10003 earns from $5,746/mo rent with a $4,650/mo payment. Total monthly income totals $5,746/mo. ROI tracks 9.82% on current figures, and rental yield reads 7.26% at a $950,000 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Five-year ROI reaches 52.21% and total cumulative return in cash sums $163,178. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,746/mo property income instead of your personal income.

Condo

Built in 1956

N/A lot

$N/A/sqft

$2,070 monthly HOA

More details about the property

Welcome to an exceptional living experience at the renowned Gramercy Park! Nestled on the sixth floor of a classic post-war building, Unit 6B at 32 Gramercy Park South offers a serene Eastern exposure with delightful street views. This charming one-bedroom cooperative boasts a recently renovated excellent condition, designed for comfort and style with its spacious rooms and classic kitchen. The building features include a full-time doorman and elevator service, ensuring a seamless daily experience. Pet lovers will be pleased to know that this pet-friendly residence allows one pet per one apartment. Located in the vibrant Gramercy Park neighborhood, you'll have access to the exclusive Gramercy Park itself, with beautiful green spaces and a sense of tranquility right at your doorstep. With easy access to transportation options and a plethora of dining, shopping, and cultural attractions nearby, you'll find everything you need right within reach. Don't miss your chance to call this captivating home yours. Schedule a showing today and discover the charm and convenience of life at 32 Gramercy Park South!

Neighborhood Data

Neighborhood data shown for ZIP Code: 10003, New York, NY area.

Housing Distribution

Housing Statistics

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