








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 420 E 51st St APT 8H, New York, NY, 10022 with 5% annual appreciation on a $525,000 basis while $4,415/mo rent supports operations. 5% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 10.09%. Five-year ROI measures 23.77% and total cumulative return in cash totals $41,049. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,415/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1962
N/A lot
$N/A/sqft
$3,292 monthly HOA
Neighborhood data shown for ZIP Code: 10022, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,279 (100%) |
| Owner Occupied HU | 11,002 (40.3%) |
| Renter Occupied HU | 11,015 (40.4%) |
| Vacant Housing Units | 5,262 (19.3%) |
| Median Home Value | $1,223,949 |
| Average Home Value | $1,331,078 |
Residential
18,774
Single Family
271
Multi-Family
18,503
Businesses
3,725
Date | Event | Price |
|---|---|---|
| 2024-09-03 | Listed for sale | $525,000 |
| 2018-07-12 | Sold | $292,000 |
| 2017-11-22 | Listing removed | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-10-15 | N/A | N/A | N/A | N/A |
| 2009-10-15 | N/A | N/A | N/A | N/A |
| 2008-10-15 | N/A | N/A | N/A | N/A |



Listed by: Lindsay Coleman - Licensed Real Estate Salesperson • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #23169857