








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 516 W 47th St APT S2M, New York, NY, 10036 generates $4,601/mo in rent, after a $3,549/mo payment. Total monthly income is $4,601/mo. Return on cash invested sits at 14.56% in year one, and rental yield is 7.62% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 76.33% and total cumulative return in cash sums $182,057. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,601/mo property income rather than buyer’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$853 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 |
|---|---|---|
| 2025-05-31 | Listed for sale | $725,000 |
| 2024-08-03 | Listing removed | N/A |
| 2024-07-25 | Listed for rent | $3,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $10030.00 | 3.27% | $86,944 | -0.20% |
| 2023-06-02 | $9712.00 | N/A | $87,120 | 1.15% |
| 2022-06-02 | N/A | N/A | $86,133 | 21.73% |



Listed by: Miguel Ortiz Simoza • Christie's International Real Estate Group, LLC
Mls Name: StreetEasy
Mls ID: #S1774154