








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 New York at 343 E 74th St APT 11M, New York, NY, 10021 offers a 18.75% rental yield on a $530,000 purchase with $8,280/mo rent. Total monthly income registers $8,280/mo, and a $2,594/mo payment leaves $2,898/mo available for distribution. Annual cash flow reaches $34,774/yr on $174,370 to close, and return on cash invested stands at 40% in year one. Equity gained on principal adds $3,420/yr while 5% annual appreciation supports $146,429 over five years. Portfolio math shows five-year ROI at 215.8% and total cumulative return in cash at $376,291. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,280/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1987
N/A lot
$N/A/sqft
$1,843 monthly HOA
Neighborhood data shown for ZIP Code: 10021, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 10,240 (36.1%) |
| Renter Occupied HU | 14,054 (49.6%) |
| Vacant Housing Units | 4,050 (14.3%) |
| Median Home Value | $1,615,914 |
| Average Home Value | $1,531,995 |
Residential
23,098
Single Family
421
Multi-Family
22,677
Businesses
1,644
Date | Event | Price |
|---|---|---|
| 2024-10-09 | Listed for sale | $530,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-10-15 | N/A | N/A | N/A | N/A |
| 2018-10-15 | $2089295.10 | N/A | $18,315,450 | 7.11% |
| 2017-10-15 | N/A | N/A | $17,100,450 | N/A |



Listed by: Michelle Griffith - Licensed Real Estate Salesperson • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #23184714