








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


Investment property for sale in New York at 501 3rd Ave #23C, New York, NY, 10016 projects strong ROI of 10.53%. Rental yield 5.79%. With 5% annual appreciation, the property builds $638,210 in value over five years. Equity growth combined delivers a projected five-year ROI of 54.19%, translating into $405,554 in total cumulative return on $748,440 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 2021
N/A lot
$N/A/sqft
$1,867 monthly HOA
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Listed for sale | $2,310,000 |
| 2023-09-28 | Listing removed | N/A |
| 2023-03-10 | Listed for sale | $2,288,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | N/A | N/A | $184,756 | N/A |



Listed by: Eastlight Sales Office - Leasing/Sales Office • CORE
Mls Name: StreetEasy
Mls ID: #1729072