








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 50 Pine St APT 4N, New York, NY, 10005 offers $5,125/mo rent that, after a $7,342/mo payment. Total monthly income is $5,125/mo. Return on cash invested measures 1.43% in year one, and rental yield stands at 4.1% at a $1,500,000 entry. Equity gained on principal adds $9,679/yr while 5% annual appreciation compounds into $414,422 by year five. Five-year ROI records 6.82% and total cumulative return in cash reaches $33,143. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,125/mo property income versus a $7,342/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1902
N/A lot
$N/A/sqft
$1,913 monthly HOA
Neighborhood data shown for ZIP Code: 10005, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 858 (12.4%) |
| Renter Occupied HU | 4,911 (70.8%) |
| Vacant Housing Units | 1,170 (16.9%) |
| Median Home Value | $1,555,556 |
| Average Home Value | $1,549,382 |
Residential
6,784
Single Family
3
Multi-Family
6,781
Businesses
676
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Listed for rent | $9,250 |
| 2024-10-21 | Listed for sale | $1,500,000 |
| 2022-08-19 | Sold | $1,400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $31960.00 | N/A | $257,485 | 3.23% |
| 2022-02-13 | N/A | N/A | $249,428 | N/A |
| 2021-02-13 | N/A | N/A | $249,428 | -9.72% |



Listed by: Lisa Interdonato • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1740697