








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 40 Broad St APT 15B, New York, NY, 10004 offers a 4.34% rental yield on a $1,295,000 purchase with $4,684/mo rent. 03% in year one. Equity gained on principal adds $8,356/yr while 5% annual appreciation supports $357,785 over five years. Portfolio math shows five-year ROI at 45.09% and total cumulative return in cash at $189,174. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,684/mo property income against a $6,338/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10004, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 383 (14.8%) |
| Renter Occupied HU | 1,792 (69.2%) |
| Vacant Housing Units | 414 (16.0%) |
| Median Home Value | $1,496,988 |
| Average Home Value | $1,488,773 |
Residential
2,407
Single Family
6
Multi-Family
2,401
Businesses
956
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Sumner Crosby • Compass
Mls Name: StreetEasy
Mls ID: #S1799331