5 Weehawken St APT 4B, New York, NY, 10014 | 7.22% Rental Yield

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5 Weehawken St APT 4B, New York, NY, 10014 | 7.22% Rental Yield | Ziffy

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

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

Rental property for sale in New York at 5 Weehawken St APT 4B, New York, NY, 10014 generates $5,113/mo in rent, after a $4,160/mo payment. Total monthly income is $5,113/mo. Return on cash invested sits at 14.1% in year one, and rental yield is 7.22% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 73.62% and total cumulative return in cash sums $205,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,113/mo property income rather than buyer’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

$825 monthly HOA

More details about the property

West Village Condo perfect for investment, pied terre, or primary residence to call home. Washer and dryers are allowed in this Loft-like open plan one bedroom, one bathroom home with its seamless blend of modern sophistication and West Village charm. Features of this fourth-floor walk-up condo includes crisp white walls, an open plan kitchen, wide plank hardwood floors, a decorative fireplace, and high ceilings. Upon entrance with a coat closet and storage nook, the apartment flows into an open-concept kitchen, dining area, and living room. The kitchen has been completely renovated with crisp white countertops and high-end appliances including a Bosch dishwasher, Whirlpool stove, and LG refrigerator. The windowed Spa-like bathroom has been renovated with white and grey ribbon marble throughout with a step-in glass shower stall. The bedroom with Its long and spacious layout faces the back of the building and can easily accommodate a Queen-sized bed, side tables, and dresser. The bedroom also features a double-size custom-fitted closet. The Building 3-5 Weehawken is a boutique condominium, nestled on historic Weehawken Street in Manhattan and steps to Hudson River Park. The condo is comprised of 18 units in two buildings over five floors. Off-site superintendent. Please note that there is a tenant in place until December 2025.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10014, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,730 (100%)
Owner Occupied HU	5,412 (24.9%)
Renter Occupied HU	13,475 (62.0%)
Vacant Housing Units	2,843 (13.1%)
Median Home Value	$1,392,361
Average Home Value	$1,447,235