379 West St APT 2B, New York, NY, 10014 | 4.16% Rental Yield

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379 West St APT 2B, New York, NY, 10014 | 4.16% Rental Yield | 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 379 West St APT 2B, New York, NY, 10014 offers a 4.16% rental yield on a $1,350,000 purchase with $4,680/mo rent. 18% in year one. Equity gained on principal adds $8,711/yr while 5% annual appreciation supports $372,980 over five years. Portfolio math shows five-year ROI at 20.62% and total cumulative return in cash at $90,197. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,680/mo property income against a $6,608/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in N/A

N/A lot

$N/A/sqft

$1,565 monthly HOA

More details about the property

Beautiful, spacious, sunny and renovated floor-though two-bedroom coop home with direct Hudson River views in prime West Village. Wonderful, sun-filled layout with king-sized bedrooms and spacious living/dining room; separate kitchen with dishwasher; brand new floors, plentiful closets, east exposures with lush-garden views and west exposures with direct Hudson River and glorious sunset views. Video and voice intercom. Washer/Dryer allowed with coop approval. Low-rise, only two apartments per floor, and a large, landscaped, private community garden with BBQ grills offer townhouse-like lifestyle. Live-in superintendent, on-site management team, porters and security; bicycle storage (for a fee) and laundry room. Enjoy the outdoors and cultural attractions of the magnificent Hudson River Park, the High Line, Little Island, the Whitney museum and art galleries all in the immediate neighborhood. Abington Square Greenmarket offers local, fresh produce and along with the Chelsea Market, Brooklyn Fare, Gourmet Garage, Trader Joes among other markets the neighborhood offers plentiful food-shopping choices. The renown fine dining and casual cafes of the West Village and the Meatpacking District are there for you to enjoy. Easy access to transportation, with the PATH, subway hubs and busses nearby. Please note that the coop does not allow pieds-a-terre. Subletting is allowed. Pets are welcome with board approval. Please contact us for a private showing. Some photos are virtually staged.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10014, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,730 (100%)
Owner Occupied HU	5,412 (24.9%)
Renter Occupied HU	13,475 (62.0%)
Vacant Housing Units	2,843 (13.1%)
Median Home Value	$1,392,361
Average Home Value	$1,447,235