








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 407 Park Ave S APT 20A, New York, NY, 10016 listed at $1,549,000 pairs $4,879/mo rent with a $7,582/mo payment. Total monthly income runs $4,879/mo. Return on cash invested measures -0.87% in year one, and rental yield registers 3.78% at a $1,549,000 basis. Equity gained on principal adds $9,995/yr, and annual property appreciation at 5% supports $427,960 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,879/mo property income relative to a $7,582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A lot
$N/A/sqft
$3,419 monthly HOA
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
Date | Event | Price |
|---|---|---|
| 2025-09-16 | Price change | $1,549,000 |
| 2025-02-23 | Price change | $1,595,000 |
| 2024-09-13 | Listed for sale | $1,650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ramez Baddour • Baddour Group
Mls Name: StreetEasy
Mls ID: #S1790529