324 E 35th St APT 2-A, Manhattan, NY, 10016 | $818/mo Cash Flow

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324 E 35th St APT 2-A, Manhattan, NY, 10016 | $818/mo Cash Flow | Ziffy

Recently Sold

Currently Rented

Rental Income

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 Manhattan at 324 E 35th St APT 2-A, Manhattan, NY, 10016 uses $149,175 cash to close to unlock $9,810/yr annual cash flow and $818/mo monthly cash flow. Total monthly income runs $4,898/mo, and a $2,203/mo payment keeps the spread at $818/mo. Purchase price stands at $450,000, and rental yield measures 13.06% with $4,898/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 141.9% and total cumulative return in cash records $211,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,898/mo property income covering a $2,203/mo payment rather than investor’s personal income.

Condo

Built in 1910

N/A lot

$N/A/sqft

$1,075 monthly HOA

More details about the property

Why buy a studio when you can buy a 1-bedroom? Spacious, South facing pre-war 1-bedroom apartment available in a well-run Murray Hill Co-op with a fast approval process that allows for guarantors. This true 1-bedroom has it all high ceilings, hardwood floors throughout, a renovated kitchen with granite countertops and a full suite of stainless steel appliance, a bathroom with ceramic tiling, and ample closet space. Located in just steps from St. Vartans Park, 324 East 35th street is a lovely Manhattan building with an elevator, laundry room, and video intercom system. Video tour available upon request. Sublets Allowed, Investor Friendly. Sorry, no pets. Tenant in place through August paying $2,900/month

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