360 W 22nd St APT 15C, New York, NY, 10011 | 3.85% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

360 W 22nd St APT 15C, New York, NY, 10011 | 3.85% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
- sft

68 Colfax Rd, Springfield, NJ, 07081

2 Bed
2 Bath
1400 sft

175 Broadway #8A, New York, NY, 10002

8 Bed
4 Bath
2500 sft

90 Carroll St #1, Brooklyn, NY, 11231

Rental Income+ 1 more

5 Bed
4 Bath
3680 sft

124 President St #126, Brooklyn, NY, 11231

Nearby investment properties with comparable prices

2 Bed
2 Bath
1127 sft

75 Park Ln S APT 3402, Jersey City, NJ, 07310

2 Bed
2 Bath
1236 sft

75 Park Ln S APT 1912, Jersey City, NJ, 07310

3 Bed
4 Bath
- sft

286 5th St, Jersey City, NJ, 07302

5 Bed
3 Bath
2080 sft

7209 6th Ave, Brooklyn, NY, 11209

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New York at 360 W 22nd St APT 15C, New York, NY, 10011 listed at $1,495,000 pairs $4,800/mo rent with a $7,317/mo payment. Total monthly income runs $4,800/mo. Return on cash invested measures 7.53% in year one, and rental yield registers 3.85% at a $1,495,000 basis. Equity gained on principal adds $9,647/yr, and annual property appreciation at 5% supports $413,041 by year five. Five-year ROI tracks 37.01% and total cumulative return in cash totals $179,269. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,800/mo property income relative to a $7,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1963

N/A lot

$N/A/sqft

No HOA

More details about the property

Significant price drop! Pinch yourself, it's real! Spectacular 180 views of historical Chelsea, the Seminary and modernist architecture of West Chelseawatch boats along the Hudson amidst all-day sunshine and stunning sunsets from the west-facing windows of the only duplex in the coveted London Towne House. Bring your designer and a little love to realize your dream of living in a singular, spectacular home in a prime location. Two one-bedroom units were combined via a spiral staircase to create this unique sun-filled apartment. The upstairs is made for entertaining with its large open kitchen (and custom pantry) and a dining and living area lined with floor to ceiling custom bookshelves with a concealed bar. Downstairs is a large bedroom and an expanded tiled bathroom with a 10 jet Jacuzzi waterfall shower. The den has custom shelving and opens to a large office with a closet with washer/dryer hookup. The office can be used as a guest room with a private entrance. The London Towne House coop has top-notch staff (including 24-hour doormen and live-in super), renovated common areas, and a landscaped and furnished roof deck with a 360 panoramic views and a residents herb garden. Excellent transportation and quality amenities in close proximity make this a perfect home base for NYC living. Buyer and seller each pay 1% flip tax. Assessment of $581.83 until February 2029 for updated building systems including boiler replacement, HVAC chillers, hallway ventilation, Local Law 11, parapet repairs. Pied-a-terre, gifting and co-purchasing permitted.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10011, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	34,957 (100%)
Owner Occupied HU	10,815 (30.9%)
Renter Occupied HU	19,813 (56.7%)
Vacant Housing Units	4,329 (12.4%)
Median Home Value	$1,184,111
Average Home Value	$1,321,727