








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


Rental property for sale in New York at 350 Albany St APT 2E, New York, NY, 10280 priced at $648,000 converts $5,230/mo rent into after a $3,172/mo obligation. Total monthly income equals $5,230/mo. Return on cash invested prints 16.57% in year one, and rental yield reads 9.69% against a $648,000 entry. Equity gained on principal adds $4,181/yr, while 5% annual appreciation compiles into $179,030 by year five. Five-year ROI reaches 88.66% and total cumulative return in cash sums $189,010. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,230/mo property income covering a $3,172/mo payment, not borrower’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$1,391 monthly HOA
Neighborhood data shown for ZIP Code: 10280, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,426 (100%) |
| Owner Occupied HU | 1,550 (28.6%) |
| Renter Occupied HU | 3,384 (62.4%) |
| Vacant Housing Units | 492 ( 9.1%) |
| Median Home Value | $1,096,026 |
| Average Home Value | $1,315,710 |
Residential
4,842
Single Family
0
Multi-Family
4,842
Businesses
61
Date | Event | Price |
|---|---|---|
| 2024-12-03 | Listed for sale | $648,000 |
| 2021-04-06 | Sold | $600,000 |
| 2021-01-14 | Pending sale | $650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $10917.00 | N/A | $92,008 | 1.73% |
| 2022-02-13 | N/A | N/A | $90,440 | 9.87% |
| 2021-02-13 | N/A | N/A | $82,314 | -9.67% |



Listed by: Todd Vitolo • Compass
Mls Name: StreetEasy
Mls ID: #S1745659