








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 55 Wall St APT 802, New York, NY, 10005 listed at $585,000 pairs $8,867/mo rent with a $2,863/mo payment to leave $969/mo cash flow. Total monthly income runs $8,867/mo, and annual cash flow reaches $11,629/yr on $192,465 cash to close. Return on cash invested measures 26.1% in year one, and rental yield registers 18.19% at a $585,000 basis. Equity gained on principal adds $3,775/yr, and annual property appreciation at 5% supports $161,625 by year five. Five-year ROI tracks 145.71% and total cumulative return in cash totals $280,434. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,867/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1836
N/A lot
$N/A/sqft
$2,496 monthly HOA
Neighborhood data shown for ZIP Code: 10005, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 858 (12.4%) |
| Renter Occupied HU | 4,911 (70.8%) |
| Vacant Housing Units | 1,170 (16.9%) |
| Median Home Value | $1,555,556 |
| Average Home Value | $1,549,382 |
Residential
6,784
Single Family
3
Multi-Family
6,781
Businesses
676
Date | Event | Price |
|---|---|---|
| 2025-08-14 | Listing removed | $6,000 |
| 2025-07-02 | Listed for rent | $6,000 |
| 2025-06-16 | Sold | $585,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-28 | $26374.00 | -0.76% | $216,018 | -3.80% |
| 2023-09-28 | $26576.00 | N/A | $224,561 | 4.21% |
| 2022-09-28 | N/A | N/A | $215,494 | 0.00% |



Listed by: Eric Fleming • Corcoran
Mls Name: StreetEasy
Mls ID: #S1736792