








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 Mercer St APT 26, New York, NY, 10013 projects strong ROI of 0.75%. Rental yield 2.58%. With 5% annual appreciation, the property builds $2,168,810 in value over five years. Equity growth combined delivers a projected five-year ROI of 1.69%, translating into $43,018 in total cumulative return on $2,543,400 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$6,040 monthly HOA
Neighborhood data shown for ZIP Code: 10013, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,765 (100%) |
| Owner Occupied HU | 4,327 (25.8%) |
| Renter Occupied HU | 9,733 (58.1%) |
| Vacant Housing Units | 2,705 (16.1%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,809,651 |
Residential
15,259
Single Family
310
Multi-Family
14,949
Businesses
4,417
Date | Event | Price |
|---|---|---|
| 2024-09-24 | Listed for sale | $7,850,000 |
| 2024-09-20 | Listing removed | $7,498,000 |
| 2024-03-12 | Listed for sale | $7,498,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-16 | $63130.00 | 2.87% | $533,883 | 6.53% |
| 2023-06-16 | $61367.00 | N/A | $501,145 | 1.02% |
| 2022-06-16 | N/A | N/A | $496,095 | 5.20% |



Listed by: Brett Miles • Brown Harris Stevens
Mls Name: StreetEasy
Mls ID: #S1736492