377 Rector Pl APT 19B, New York, NY, 10280 | $53/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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377 Rector Pl APT 19B, New York, NY, 10280 | $53/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New York at 377 Rector Pl APT 19B, New York, NY, 10280 earns $53/mo cash flow from $6,697/mo rent with a $4,870/mo payment. Total monthly income totals $6,697/mo, and annual cash flow totals $631/yr on $327,355 capital. ROI tracks 20.25% on current figures, and rental yield reads 8.08% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 105.3% and total cumulative return in cash sums $344,694. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,697/mo property income instead of your personal income.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

If you want views, this is the apartment for you!!!! Perched high on the 19th floor, this sun-splashed 2-bedroom, 1-bath home offers sweeping views of the Hudson River from nearly every angle. Whether youre cooking, reading, or relaxing, the river is always in sight -serene and peaceful. Plus, a glimpse of One World Trade in the distance. Inside, the home channels a SoHo-style loft vibe with its open-concept and custom built-in bookcases that add both charm and character. The renovated kitchen features extra cooking space, while the newly updated floors tie the space together in refined style. W/D installation is permitted! 377 Rector offers residents a full time doorman, sleek lobby, live-in Resident Manager and a laundry room. Perfectly situated in Battery Park City, grocery stores (Gristedes, Battery Place Market, Whole Foods), restaurants (El Vez, PJ Clarkes, Treadwell, Hudson Eats, Inatteso), parks, the riverfront esplanade, entertainment (Battery Park Conservancy, Regal Cinemas), and shopping (the Westfield Mall). Getting around couldnt be easier take advantage of the free Downtown connection, M20, M9, and all trains close by.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10280, New York, NY area.

Housing Distribution

Housing Statistics

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