4 E 70th St APT 5C, New York, NY, 10021 | 4.5% Rental Yield

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4 E 70th St APT 5C, New York, NY, 10021 | 4.5% 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

Rental property for sale in New York at 4 E 70th St APT 5C, New York, NY, 10021 priced at $1,199,000 converts $4,496/mo rent into after a $5,869/mo obligation. Total monthly income equals $4,496/mo. Return on cash invested prints 1.14% in year one, and rental yield reads 4.5% against a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation compiles into $331,262 by year five. Five-year ROI reaches 5.8% and total cumulative return in cash sums $22,545. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,496/mo property income covering a $5,869/mo payment, not borrower’s personal income.

Condo

Built in 1938

N/A lot

$N/A/sqft

$2,713 monthly HOA

More details about the property

Just off Fifth Avenue, this distinguished Pre-War corner residence combines timeless elegance with modern luxury. A rare offering, the expansive one-bedroom home with a beautifully renovated bath is a showcase of refined living. The windowed kitchen is designed for both style and function, featuring Miele refrigeration and dishwasher, complemented by a sleek Smeg oven-ideal for the discerning home chef. A gracious entry foyer opens to interiors highlighted by classic herringbone hardwood floors, freshly refinished for a flawless finish. With nine oversized windows, the apartment is bathed in natural light while facing the rear of the building, ensuring the ultimate in peace and quiet. The wood-burning fireplace creates a sophisticated focal point, while thru-the-wall AC units provide modern comfort. This meticulously maintained cooperative has recently refreshed its hallways, elevating the building's overall appeal and reinforcing its commitment to excellence. For those seeking a residence that blends Pre-War character with contemporary updates, this home offers not just an apartment, but a lifestyle of enduring quality. 4 East 70th Street is an exquisite boutique art-deco cooperative, located close to Fifth Avenue, Central Park, and the iconic Frick Museum. Residents enjoy white-glove service, including doorman-controlled elevator access, a resident manager, and a level of care and attention that defines the best of New York living. This premier neighborhood offers world-class shopping on Madison Avenue, art galleries, and gourmet dining at your doorstep. Pied-a-terre ownership is welcomed, and small pets are allowed with board approval, making this an ideal place to call home for those seeking the perfect balance of style, comfort, and location.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10021, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	28,344 (100%)
Owner Occupied HU	10,240 (36.1%)
Renter Occupied HU	14,054 (49.6%)
Vacant Housing Units	4,050 (14.3%)
Median Home Value	$1,615,914
Average Home Value	$1,531,995