44 Gramercy Park N APT 5FNew YorkNY10010
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in New York at 44 Gramercy Park N APT 5F, New York, NY, 10010 uses $320,775 cash to close to unlock $2,883/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $8,960/mo, and a $4,772/mo payment keeps the spread at $240/mo. Purchase price stands at $975,000, and rental yield measures 11.03% with $8,960/mo rent. Return on cash invested shows 20.96% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 112.09% and total cumulative return in cash records $359,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,960/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Condo
Built in 1930
N/A lot
$N/A/sqft
$2,209 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10010, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,835 (100%) |
| Owner Occupied HU | 4,675 (23.6%) |
| Renter Occupied HU | 12,977 (65.4%) |
| Vacant Housing Units | 2,183 (11.0%) |
| Median Home Value | $1,076,308 |
| Average Home Value | $1,205,915 |
Housing Distribution
Address Breakdown
Residential
19,396
Single Family
111
Multi-Family
19,285
Businesses
2,475
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