








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 24E, New York, NY, 10004 with 5% annual appreciation on a $945,000 basis while $6,196/mo rent supports operations. 64% in year one. Equity gained on principal adds $6,098/yr, and five-year appreciation sums $261,086 alongside rental yield of 7.87%. Five-year ROI measures 77.02% and total cumulative return in cash totals $239,464. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,196/mo property income versus a $4,625/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1982
N/A lot
$N/A/sqft
$954 monthly 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 |
|---|---|---|
| 2025-01-13 | Price change | $945,000 |
| 2024-09-07 | Listed for sale | $975,000 |
| 2022-07-19 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $17638.00 | N/A | $143,208 | 4.21% |
| 2022-02-13 | N/A | N/A | $137,424 | N/A |
| 2021-02-13 | N/A | N/A | $137,424 | -9.68% |



Listed by: Alyssa Yupangco • Corcoran
Mls Name: StreetEasy
Mls ID: #S1733154