333 E 14th St APT 9M, New York, NY, 10003 | $444/mo Cash Flow

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333 E 14th St APT 9M, New York, NY, 10003 | $444/mo Cash Flow | 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 333 E 14th St APT 9M, New York, NY, 10003 listed at $498,000 pairs $5,057/mo rent with a $2,437/mo payment to leave $444/mo cash flow. Total monthly income runs $5,057/mo, and annual cash flow reaches $5,327/yr on $165,087 cash to close. Return on cash invested measures 23.14% in year one, and rental yield registers 12.19% at a $498,000 basis. Equity gained on principal adds $3,214/yr, and annual property appreciation at 5% supports $137,588 by year five. Five-year ROI tracks 124.17% and total cumulative return in cash totals $204,988. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,057/mo property income relative to a $2,437/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1965

N/A lot

$N/A/sqft

$1,288 monthly HOA

More details about the property

Back on Market!!! Introducing 333 East 14th Street, a distinguished address situated in downtown Manhattan, gracefully positioned between the dynamic neighborhoods of Gramercy and East Village. This cooperative residence stands out for its large designed apartments. Perched on the 9th floor, this exceptional alcove studio exudes tranquility and radiates with natural sunlight and clear views, providing an inviting space that combines a living and dining area and also has room for a workspace. Recently upgraded brand new windows, frame breathtaking northern views of the Manhattan skyline, offering a daily spectacle that will never cease to inspire.Indulge in the luxury of ample closet space. Adding to the convenience, 333 East 14th Street boasts a part-time doorman available from 2 PM to 10 PM daily, ensuring a secure and welcoming environment. A live-in superintendent, laundry room, and dedicated bike storage room further enhance the quality of life within the building.This pet-friendly haven is strategically located next to the L train, providing seamless connectivity to the city. Surrounding the building, a plethora of cafes, bars, and restaurants await your exploration, along with a community center featuring a gym and pool for your fitness and leisure needs. For your everyday essentials, you'll be delighted to find Trader Joe's, Whole Foods, Target, and West Side Market within arm's reach.Just a short stroll away lies the bustling Union Square, a dynamic shopping and transportation hub where you can immerse yourself in the energy of a vibrant farmers market multiple times a week. Embrace the urban lifestyle at its finest with this exceptional opportunity to call 333 East 14th Street your home in the heart of Manhattan.

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