








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 58th St APT 15C, New York, NY, 10022 offers a 7.94% rental yield on a $699,000 purchase with $4,627/mo rent. 53% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 81.56% and total cumulative return in cash at $187,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,627/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
$827 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 |
|---|---|---|
| 2024-09-08 | Price change | $699,000 |
| 2024-02-24 | Price change | $725,000 |
| 2024-01-12 | Price change | $750,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | N/A | N/A | $77,627 | 3.65% |
| 2022-10-15 | N/A | N/A | $74,891 | 1.30% |
| 2021-10-15 | N/A | N/A | $73,931 | -9.64% |



Listed by: Joan Brothers - Licensed Real Estate Broker • Manhattan Boutique Real Estate
Mls Name: StreetEasy
Mls ID: #1722837