








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 551 W 21st St APT 4F, New York, NY, 10011 listed at $1,895,000 pairs $5,669/mo rent with a $9,275/mo payment. Total monthly income runs $5,669/mo. Return on cash invested measures 1.77% in year one, and rental yield registers 3.59% at a $1,895,000 basis. Equity gained on principal adds $12,228/yr, and annual property appreciation at 5% supports $523,554 by year five. Five-year ROI tracks 7.91% and total cumulative return in cash totals $48,581. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,669/mo property income relative to a $9,275/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2015
N/A lot
$N/A/sqft
$2,532 monthly HOA
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,957 (100%) |
| Owner Occupied HU | 10,815 (30.9%) |
| Renter Occupied HU | 19,813 (56.7%) |
| Vacant Housing Units | 4,329 (12.4%) |
| Median Home Value | $1,184,111 |
| Average Home Value | $1,321,727 |
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Listed for sale | $1,895,000 |
| 2023-11-10 | Listing removed | N/A |
| 2023-11-07 | Pending sale | $2,000,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $25962.00 | N/A | $214,062 | 5.65% |
| 2022-02-13 | N/A | N/A | $202,613 | 1.98% |
| 2021-02-13 | N/A | N/A | $198,674 | -10.33% |



Listed by: Dustin Crouse • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1751067