77 Perry St FRONT 1-A, New York, NY, 10014 | $743/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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77 Perry St FRONT 1-A, New York, NY, 10014 | $743/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New York at 77 Perry St FRONT 1-A, New York, NY, 10014 priced at $699,000 converts $6,340/mo rent into $743/mo cash flow after a $3,421/mo obligation. Total monthly income equals $6,340/mo, and annual cash flow totals $8,921/yr on $229,971 invested. Return on cash invested prints 23.94% in year one, and rental yield reads 10.88% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 126.83% and total cumulative return in cash sums $291,674. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,340/mo property income covering a $3,421/mo payment, not borrower’s personal income.

Condo

Built in 1900

N/A lot

$N/A/sqft

$929 monthly HOA

More details about the property

**PERFECT PIED--TERRE OR STARTER HOMEDreamy West Village** Welcome to 77 Perry St, a gorgeous landmarked prewar elevator co-op residence nestled in the heart of the West Village, one of the citys most vibrant residential neighborhoods. This chic and modern studio offers a unique blend of historical charm and contemporary living, making it an ideal urban sanctuary. Discover this thoughtfully renovated space, harmoniously blending classic charm with contemporary flair. The open kitchen boasts stainless steel appliances, including a stove, refrigerator and dishwasher, and features a window that invites natural light. The living/sleeping area is adorned with exposed brick, elegant crown, and decorative mouldings, creating a sophisticated ambiance. High ceilings and oversized windows with southern exposure ensure the residence is bright and airy, while beautiful hardwood floors add a touch of warmth. The windowed bathroom is tastefully designed for both style and function. Ample storage is provided by a spacious walk-in closet and additional closet space cleverly integrated below the bed. Perry Street is one of the most coveted streets in Manhattan. The gorgeous tree-lined block invites leisurely strolls, while Citi Bike access is conveniently located just outside. Enjoy being steps away from some of the city's best markets, restaurants, shopping, and nightlife. With local and express subway lines a short distance away, and attractions like Hudson River Park, Abingdon Park, The Whitney, the High Line, and the piers nearby, this location is unparalleled.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10014, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,730 (100%)
Owner Occupied HU	5,412 (24.9%)
Renter Occupied HU	13,475 (62.0%)
Vacant Housing Units	2,843 (13.1%)
Median Home Value	$1,392,361
Average Home Value	$1,447,235