500 W 43rd St APT 3C, New York, NY, 10036 | 5.96% Rental Yield

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500 W 43rd St APT 3C, New York, NY, 10036 | 5.96% Rental Yield | 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 500 W 43rd St APT 3C, New York, NY, 10036 earns from $3,449/mo rent with a $3,402/mo payment. Total monthly income totals $3,449/mo. ROI tracks 10.57% on current figures, and rental yield reads 5.96% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 54.55% and total cumulative return in cash sums $124,734. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,449/mo property income instead of your personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

$616 monthly HOA

More details about the property

RENOVATED, BRIGHT & LIGHT CONDO STUDIO WITH A PRIVATE OUTDOOR SPACE! This unique, sun-filled studio features a spectacular private terracean outdoor oasis perfect for entertaining, gardening, or simply relaxing. Pet-friendly and fully renovated, this home is a rare find in a full-service condominium in a prime Midtown location. Apartment 3C has been thoughtfully updated with new electrical and plumbing systems, along with four soundproof double-paned windows, tasteful window treatments, and a custom door for enhanced comfort and tranquility. The stylish concrete tile floors include radiant heating throughout. The sleek, modern kitchen is equipped with top-tier appliances, including a two-burner Wolf cooktop, Monogram convection oven, and Sub-Zero refrigerator and freezer drawers. For added convenience, the laundry room is located on the same floor. The impressive south/west-facing terrace spans approximately 400 square feet and includes its own water sourceideal for gardeners and outdoor enthusiasts alike. The Strand is a full-service high-rise condominium offering exceptional amenities, including a 24-hour doorman and concierge. The crown jewel of the building is the sky-top club, occupying the entire 42nd floor, and featuring a stunning lap pool with panoramic views, a sun deck, a fully equipped fitness center, steam rooms and saunas, and full locker and shower facilities. Perfectly situated near major transportation, the Hudson River Promenade, the Theatre District, and some of the citys best shopping and dining. Columbus Circle, Hudson Yards, Whole Foods, Target, and charming cafs are all within easy reach. All photos are virtually staged.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10036, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,094 (100%)
Owner Occupied HU	1,821 ( 8.2%)
Renter Occupied HU	17,192 (77.8%)
Vacant Housing Units	3,081 (13.9%)
Median Home Value	$1,328,629
Average Home Value	$1,335,710