81 Irving Pl APT 11A, New York, NY, 10003 | $1,095/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

81 Irving Pl APT 11A, New York, NY, 10003 | $1,095/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

- Bed
- Bath
- sft

121 E 10th St APT 6D, New York, NY, 10003

1 Bed
2 Bath
1322 sft

150 Charles St APT 2BS, New York, NY, 10014

2 Bed
12 Bath
- sft

111 4th Ave APT 9C, New York, NY, 10003

3 Bed
2 Bath
3000 sft

840 Broadway APT 10, New York, NY, 10003

Nearby investment properties with comparable prices

7 Bed
5 Bath
- sft

29 Kent St, Newark, NJ, 07108

3 Bed
2 Bath
1671 sft

24 Romaine Ave #B2, Jersey City, NJ, 07306

2 Bed
1 Bath
- sft

224 E 11th St APT 25, New York, NY, 10003

- Bed
- Bath
1480 sft

18 Perrine Ave, Jersey City, NJ, 07306

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in New York at 81 Irving Pl APT 11A, New York, NY, 10003 offers $8,425/mo rent that, after a $4,160/mo payment, leaves $1,095/mo cash flow. Total monthly income is $8,425/mo, and annual cash flow is $13,142/yr on $279,650 cash. Return on cash invested measures 24.76% in year one, and rental yield stands at 11.89% at a $850,000 entry. Equity gained on principal adds $5,485/yr while 5% annual appreciation compounds into $234,839 by year five. Five-year ROI records 132.05% and total cumulative return in cash reaches $369,274. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,425/mo property income versus a $4,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1930

N/A lot

$N/A/sqft

$1,654 monthly HOA

More details about the property

One of Manhattan's most idyllic and sought-after tree-lined blocks sets the perfect backdrop for this meticulously renovated one-of-a-kind prewar masterpiece. A recent high-end designer renovation has enhanced the original Art Deco aesthetic and prewar integrity. Bright and quiet, this bespoke and pristine home has been lovingly restored, transporting you to Manhattan's gilded era. Boasting stunning Gramercy Park views, attention to detail and the highest level of design are thoughtfully integrated with incredible period details. High-beamed ceilings, casement windows, gorgeous baseboard and crown moldings, original hardware, and hardwood floors convey the original vision of this 1929 classic Manhattan co-op building. Beautiful millwork, stylish lighting, linen walls, and a custom built-in Murphy bed all enhance this exceptional space's overall aesthetic and sophistication. Other notable features are a deep built-out closet, limestone kitchen countertops and backsplash, a Miele range, and a Viking refrigerator with an ice maker. Ideally situated in the heart of the Gramercy Park neighborhood, 81 Irving Place is an architecturally distinguished and incredibly well-run full-service prewar cooperative building with a live-in Superintendent, attended lobby, laundry room, and a bicycle storage room. The location grants residents enviable proximity to Union Square Park, its farmer's market, and the culinary epicenter of New York City. The building permits dogs, sublets, parental co-purchases, and pied a terre owners.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10003, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	32,236 (100%)
Owner Occupied HU	8,911 (27.6%)
Renter Occupied HU	19,242 (59.7%)
Vacant Housing Units	4,083 (12.7%)
Median Home Value	$1,114,519
Average Home Value	$1,316,464