








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 405 W 23rd St APT 14F, New York, NY, 10011 listed at $635,000 pairs $3,392/mo rent with a $3,108/mo payment. Total monthly income runs $3,392/mo. Return on cash invested measures 4.79% in year one, and rental yield registers 6.41% at a $635,000 basis. Equity gained on principal adds $4,098/yr, and annual property appreciation at 5% supports $175,439 by year five. Five-year ROI tracks 26.16% and total cumulative return in cash totals $54,644. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,392/mo property income relative to a $3,108/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1932
N/A lot
$N/A/sqft
$1,810 monthly HOA
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,957 (100%) |
| Owner Occupied HU | 10,815 (30.9%) |
| Renter Occupied HU | 19,813 (56.7%) |
| Vacant Housing Units | 4,329 (12.4%) |
| Median Home Value | $1,184,111 |
| Average Home Value | $1,321,727 |
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
Date | Event | Price |
|---|---|---|
| 2025-04-11 | Listed for sale | $635,000 |
| 2015-01-31 | Sold | $595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-04-12 | $4010385.00 | -6.97% | $41,932,328 | 7.63% |
| 2018-04-12 | $4310780.00 | N/A | $38,959,392 | -1.96% |
| 2017-04-12 | N/A | N/A | $39,739,564 | N/A |



Listed by: Susan Singer • Corcoran
Mls Name: StreetEasy
Mls ID: #S1765221