








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 450 Washington St APT 507, New York, NY, 10013 offers a 8.57% rental yield on a $1,165,000 purchase with $8,318/mo rent. 25% in year one. Equity gained on principal adds $7,518/yr while 5% annual appreciation supports $321,868 over five years. Portfolio math shows five-year ROI at 90.87% and total cumulative return in cash at $343,011. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,318/mo property income against a $5,702/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 2009
N/A lot
$N/A/sqft
$1,521 monthly HOA
Neighborhood data shown for ZIP Code: 10013, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,765 (100%) |
| Owner Occupied HU | 4,327 (25.8%) |
| Renter Occupied HU | 9,733 (58.1%) |
| Vacant Housing Units | 2,705 (16.1%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,809,651 |
Residential
15,259
Single Family
310
Multi-Family
14,949
Businesses
4,417
Date | Event | Price |
|---|---|---|
| 2024-03-29 | Listed for sale | $1,165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: 450 Washington Sales Gallery - Leasing/Sales Office • Corcoran
Mls Name: StreetEasy
Mls ID: #1707768