








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Manhattan at 342 W 56th St APT 1B, Manhattan, NY, 10019 offers a 9.14% rental yield on a $465,000 purchase with $3,541/mo rent. 61% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 93.21% and total cumulative return in cash at $143,687. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,541/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1930
N/A lot
$N/A/sqft
$731 monthly HOA
Neighborhood data shown for ZIP Code: 10019, New York, NY area.
| 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 |
Residential
31,630
Single Family
93
Multi-Family
31,537
Businesses
3,077
Date | Event | Price |
|---|---|---|
| 2025-01-11 | Listed for sale | $465,000 |
| 2017-02-15 | Listing removed | $1,880 |
| 2017-01-13 | Listed for rent | $1,880 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-01-12 | N/A | N/A | N/A | N/A |
| 2009-01-12 | N/A | N/A | N/A | N/A |
| 2008-01-12 | N/A | N/A | N/A | N/A |



Listed by: Chi Lui • Corcoran
Mls Name: StreetEasy
Mls ID: #S1749364