322 W 57th St APT 51F, New York, NY, 10019 | ROI: 10.24%

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322 W 57th St APT 51F, New York, NY, 10019 | ROI: 10.24% | Ziffy

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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 322 W 57th St APT 51F, New York, NY, 10019 projects strong ROI of 10.24%. Rental yield 5.59%. With 5% annual appreciation, the property builds $660,313 in value over five years. Equity growth combined delivers a projected five-year ROI of 52.5%, translating into $406,563 in total cumulative return on $774,360 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Condo

Built in 1978

N/A lot

$N/A/sqft

$1,708 monthly HOA

More details about the property

Draft Breathtaking river views high above the 50th floor is what you see from this well-appointed 2 bedroom, 2 baths home. The gourmet open kitchen offers Calacatta marble and high end appliances with Poliform glass upper cabinetry. The primary bath has a separate glass shower stall, double sinks and a soaking tub, and the second bath is clad with soothing white ceramic tile and marble. The enormous primary bedroom offers a huge master closet, all complete with custom interior shelving, and in addition, already in place are window shades, and a washer and dryer. Located in the most convenient area, surrounded by Central Park and Columbus Circle, this apartment has it all: views, space, closets, high end finishes, garage, private drive through, and fantastic amenities on the top floors. Enjoy swimming in the heated year round pool or lounge in one of the two luxurious lounges with panoramic south, west, and north views. Take one of our many classes or use weights, the 24,000 square foot space occupying 2 floors also includes a sauna and a steam in each locker room and service rooms. And all this for free! It doesn't get better than this.sale description

Neighborhood Data

Neighborhood data shown for ZIP Code: 10019, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,231 (100%)
Owner Occupied HU	4,717 (13.4%)
Renter Occupied HU	24,438 (69.4%)
Vacant Housing Units	6,076 (17.2%)
Median Home Value	$962,650
Average Home Value	$1,201,466