640 W 139th St APT 62New YorkNY10031








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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage


Investment Highlights
Investment property for sale in New York at 640 W 139th St APT 62, New York, NY, 10031 listed at $775,000 pairs $5,938/mo rent with a $3,793/mo payment. Total monthly income runs $5,938/mo. Return on cash invested measures 18.13% in year one, and rental yield registers 9.19% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 95.91% and total cumulative return in cash totals $244,555. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,938/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1910
N/A lot
$N/A/sqft
$1,173 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 10031, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,194 (100%) |
| Owner Occupied HU | 2,778 (11.5%) |
| Renter Occupied HU | 19,293 (79.7%) |
| Vacant Housing Units | 2,123 ( 8.8%) |
| Median Home Value | $722,566 |
| Average Home Value | $978,110 |
Housing Distribution
Address Breakdown
Residential
21,947
Single Family
544
Multi-Family
21,403
Businesses
746
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-05 | Price change | $775,000 |
| 2024-04-17 | Listed for sale | $800,000 |
| 2024-03-07 | Listing removed | $820,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: Cooperative
- Year Built: 1910
- Architectural Style: N/A
- Building Area: 0
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: Elevator
- Exterior Features: N/A
- Parking Features: N/A
HOA & Fees
- HOA Fee: $1,173 monthly
- Association Fee: $1,173 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: HOA
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Kari Kaplan - Licensed Real Estate Salesperson • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #1709932








