








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New York at 5 Riverside Dr APT 3B, New York, NY, 10023 priced at $895,000 converts $4,057/mo rent into after a $4,381/mo obligation. Total monthly income equals $4,057/mo. Return on cash invested prints 4.26% in year one, and rental yield reads 5.44% against a $895,000 entry. Equity gained on principal adds $5,775/yr, while 5% annual appreciation compiles into $247,272 by year five. Five-year ROI reaches 22.4% and total cumulative return in cash sums $65,966. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,057/mo property income covering a $4,381/mo payment, not borrower’s personal income.
Condo
Built in 1936
N/A lot
$N/A/sqft
$1,958 monthly HOA
Neighborhood data shown for ZIP Code: 10023, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,765 (100%) |
| Owner Occupied HU | 13,628 (30.4%) |
| Renter Occupied HU | 23,478 (52.4%) |
| Vacant Housing Units | 7,659 (17.1%) |
| Median Home Value | $1,614,455 |
| Average Home Value | $1,528,815 |
Residential
39,952
Single Family
230
Multi-Family
39,722
Businesses
1,615
Date | Event | Price |
|---|---|---|
| 2025-01-08 | Listed for sale | $895,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-02-13 | N/A | N/A | N/A | N/A |
| 2018-02-13 | $1347226.50 | N/A | $12,635,100 | 5.81% |
| 2017-02-13 | N/A | N/A | $11,941,200 | N/A |



Listed by: Wendy Tsang • Compass
Mls Name: StreetEasy
Mls ID: #S1748924