








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 355 W 39th St #3B, New York, NY, 10018 listed at $1,150,000 pairs $4,456/mo rent with a $5,629/mo payment. Total monthly income runs $4,456/mo. Return on cash invested measures 7.71% in year one, and rental yield registers 4.65% at a $1,150,000 basis. Equity gained on principal adds $7,421/yr, and annual property appreciation at 5% supports $317,724 by year five. Five-year ROI tracks 38.83% and total cumulative return in cash totals $144,681. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,456/mo property income relative to a $5,629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
N/A lot
$N/A/sqft
$706 monthly HOA
Neighborhood data shown for ZIP Code: 10018, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,545 (100%) |
| Owner Occupied HU | 654 ( 7.7%) |
| Renter Occupied HU | 6,006 (70.3%) |
| Vacant Housing Units | 1,885 (22.1%) |
| Median Home Value | $976,266 |
| Average Home Value | $1,244,179 |
Residential
7,591
Single Family
29
Multi-Family
7,562
Businesses
6,062
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $1,150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Joseph Grosso • Corcoran
Mls Name: StreetEasy
Mls ID: #S1762902