50 West St APT 28C, New York, NY, 10006 | ROI: 1.56%

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50 West St APT 28C, New York, NY, 10006 | ROI: 1.56% | Ziffy

For Sale

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

Investment property for sale in New York at 50 West St APT 28C, New York, NY, 10006 projects strong ROI of 1.56%. Rental yield 2.57%. With 5% annual appreciation, the property builds $1,766,821 in value over five years. Equity growth combined delivers a projected five-year ROI of 5.73%, translating into $118,647 in total cumulative return on $2,071,980 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Condo

Built in 2016

N/A lot

$N/A/sqft

$3,470 monthly HOA

More details about the property

Introducing 50 West Street, a masterpiece of design and luxury living in the heart of New York City. Crafted by the renowned architect Helmut Jahn with interiors by Thomas Juul-Hansen, this iconic residence offers an unparalleled living experience with breathtaking views and cutting-edge architecture. The expansive living and dining rooms feature double-height ceilings and curved glass windows, flooding the space with natural light and showcasing spectacular southwest views of the Hudson River and the vibrant NYC skyline. The home boasts three spacious bedrooms, three luxurious marble baths, and a stylish powder room. The walnut and granite kitchen is a chef's dream, offering stunning wraparound views from every window. 50 West Street also offers over 30,000 square feet of world-class indoor and outdoor amenities. The 65th-floor observatory provides unrivaled panoramic views of the Statue of Liberty and New York Harbor. Enjoy resort-style living with a private pool, a state-of-the-art fitness center, a childrens playroom, and a screening room, all designed to offer the highest level of convenience and luxury. Experience the ultimate in sophistication and comfort at 50 West Street, where every detail is tailored for those who appreciate the finest things in life.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10006, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,605 (100%)
Owner Occupied HU	306 (11.7%)
Renter Occupied HU	1,922 (73.8%)
Vacant Housing Units	377 (14.5%)
Median Home Value	$1,093,023
Average Home Value	$1,164,624