








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 838, New York, NY, 10005 listed at $849,000 pairs $8,188/mo rent with a $4,155/mo payment to leave $857/mo cash flow. Total monthly income runs $8,188/mo, and annual cash flow reaches $10,283/yr on $279,321 cash to close. Return on cash invested measures 23.74% in year one, and rental yield registers 11.57% at a $849,000 basis. Equity gained on principal adds $5,478/yr, and annual property appreciation at 5% supports $234,563 by year five. Five-year ROI tracks 126.59% and total cumulative return in cash totals $353,588. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,188/mo property income relative to a $4,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1836
N/A lot
$N/A/sqft
$1,662 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 |
|---|---|---|
| 2024-07-13 | Listing removed | N/A |
| 2024-06-19 | Listed for rent | $5,000 |
| 2024-05-07 | Listed for sale | $849,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-10 | N/A | N/A | $167,234 | 4.21% |
| 2022-08-10 | N/A | N/A | $160,482 | 0.00% |
| 2021-08-10 | N/A | N/A | $160,480 | -9.72% |



Listed by: Jonathan Normolle - Licensed Real Estate Salesperson • Highline Residential
Mls Name: StreetEasy
Mls ID: #1685075