








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 400 E 85th St APT 4H, New York, NY, 10028 offers a 12.04% rental yield on a $699,500 purchase with $7,018/mo rent. Total monthly income registers $7,018/mo, and a $3,424/mo payment leaves $1,048/mo available for distribution. Annual cash flow reaches $12,571/yr on $230,136 to close, and return on cash invested stands at 25.52% in year one. Equity gained on principal adds $4,514/yr while 5% annual appreciation supports $193,259 over five years. Portfolio math shows five-year ROI at 136.02% and total cumulative return in cash at $313,023. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,018/mo property income against a $3,424/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1962
N/A lot
$N/A/sqft
$1,299 monthly HOA
Neighborhood data shown for ZIP Code: 10028, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,095 (100%) |
| Owner Occupied HU | 9,665 (30.1%) |
| Renter Occupied HU | 18,906 (58.9%) |
| Vacant Housing Units | 3,524 (11.0%) |
| Median Home Value | $1,425,000 |
| Average Home Value | $1,438,888 |
Residential
24,985
Single Family
285
Multi-Family
24,700
Businesses
1,338
Date | Event | Price |
|---|---|---|
| 2024-05-20 | Price change | $699,500 |
| 2024-04-10 | Listed for sale | $749,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lil Arbogast - Licensed Real Estate Salesperson • Corcoran
Mls Name: StreetEasy
Mls ID: #1710132