








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 59 W 12th St APT 2E, New York, NY, 10011 projects strong ROI of 2.31%. Rental yield 2.79%. With 5% annual appreciation, the property builds $1,022,242 in value over five years. Equity growth combined delivers a projected five-year ROI of 9.74%, translating into $116,750 in total cumulative return on $1,198,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 1931
N/A lot
$N/A/sqft
$1,939 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 |
|---|---|---|
| 2025-04-11 | Listed for rent | $14,000 |
| 2021-02-16 | Listing removed | N/A |
| 2021-01-20 | Price change | $8,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-13 | $26574.00 | 0.71% | $224,574 | -6.10% |
| 2023-04-13 | $26386.00 | N/A | $239,160 | 11.24% |
| 2022-04-13 | N/A | N/A | $214,997 | 4.57% |



Listed by: Jane Forman • Sotheby's International Realty
Mls Name: StreetEasy
Mls ID: #S1764899