








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 516 W 47th St APT S2C, New York, NY, 10036 listed at $610,000 pairs $3,858/mo rent with a $2,986/mo payment. Total monthly income runs $3,858/mo. Return on cash invested measures 14.9% in year one, and rental yield registers 7.59% at a $610,000 basis. Equity gained on principal adds $3,936/yr, and annual property appreciation at 5% supports $168,532 by year five. Five-year ROI tracks 78.02% and total cumulative return in cash totals $156,571. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,858/mo property income relative to a $2,986/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
N/A lot
$N/A/sqft
$647 monthly HOA
Neighborhood data shown for ZIP Code: 10036, New York, NY area.
| 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 |
Residential
21,186
Single Family
110
Multi-Family
21,076
Businesses
5,329
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $610,000 |
| 2024-06-27 | Listing removed | N/A |
| 2024-06-18 | Listed for rent | $3,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $7381.00 | 3.27% | $63,980 | -0.20% |
| 2023-04-02 | $7147.00 | N/A | $64,110 | 1.15% |
| 2022-04-02 | N/A | N/A | $63,384 | 21.73% |



Listed by: Mary Venezia • Corcoran
Mls Name: StreetEasy
Mls ID: #S1763019