








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 575 Grand St APT E1505, New York, NY, 10002 offers a 4.15% rental yield on a $1,295,000 purchase with $4,479/mo rent. 45% in year one. Equity gained on principal adds $8,356/yr while 5% annual appreciation supports $357,785 over five years. Portfolio math shows five-year ROI at 41.94% and total cumulative return in cash at $175,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,479/mo property income against a $6,338/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10002, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,854 (100%) |
| Owner Occupied HU | 6,264 (15.3%) |
| Renter Occupied HU | 31,158 (76.3%) |
| Vacant Housing Units | 3,432 ( 8.4%) |
| Median Home Value | $821,930 |
| Average Home Value | $952,686 |
Residential
38,568
Single Family
2,061
Multi-Family
36,507
Businesses
2,805
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jacob Goldman • LoHo Realty
Mls Name: StreetEasy
Mls ID: #S1776760