45 5th Ave APT 2C, New York, NY, 10003 | 9.03% Rental Yield

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45 5th Ave APT 2C, New York, NY, 10003 | 9.03% Rental Yield | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New York at 45 5th Ave APT 2C, New York, NY, 10003 at $829,000 posts ROI 18.44% with from $6,235/mo rent. Total monthly income equals $6,235/mo. Return on cash invested measures 18.44% and rental yield reads 9.03% at the current $829,000. Equity gained on principal adds $5,349/yr, and 5% annual appreciation supports $229,037 by year five. Five-year ROI prints 97.28% and total cumulative return in cash totals $265,312. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,235/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 1925

N/A lot

$N/A/sqft

$1,067 monthly HOA

More details about the property

Welcome to your urban sanctuary in the heart of Greenwich Village! This meticulously renovated one-bedroom, one-bathroom co-op offers a harmonious blend of contemporary elegance and historic charm. Upon entering, you're greeted by a generously sized, elegant living space defined by custom wood flooring and large windows, creating an inviting ambiance that exudes warmth and serenity. The brilliantly designed kitchen features marble slab countertops and backsplash, Wolf induction cooktop, Fisher Paykel dishwasher and oven, and DornBracht fixtures. Custom cabinetryAin the kitchen and living room to maximize storage and a built in safe complete this beautiful renovation.A Conveniently located in a prime Greenwich Village location, this pet-friendly co-op offers unparalleled access to the best that Manhattan has to offer. Enjoy strolling through tree-lined streets adorned with charming boutiques, trendy cafes, and world-class dining establishments. With Washington Square Park just steps away, you'll have the perfect spot for picnics, leisurely walks, and cultural events. Don't miss this rare opportunity to experience luxury living in one of New York City's most coveted neighborhoods. Schedule your private tour today and discover the epitome of urban sophistication in Greenwich Village! No Guarontors or co-signers allowed. Sublets allowed.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10003, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	32,236 (100%)
Owner Occupied HU	8,911 (27.6%)
Renter Occupied HU	19,242 (59.7%)
Vacant Housing Units	4,083 (12.7%)
Median Home Value	$1,114,519
Average Home Value	$1,316,464