Real Estate Investing in New York, New York (10013)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10013 (New York, NY)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 17.8% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 47.8 — hard to cash-flow at these prices.
What’s happening in New York, NY (10013)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10013 New York
From an investor standpoint, ZIP 10013 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $3.7M median. It rewards specialists, not generalists.
The investment case in 10013 is solid only for operators who understand what they are buying. A $3.7M median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Meanwhile, 10013 offers a low basis, the region around New York has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 10013 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. resilient returns are possible in 10013, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 10013
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $1,599,479 | $3,990 | 1.8% | +1.2% | $1,599,479 |
| 2BR | $3,122,131 | $4,370 | 1.0% | +3.6% | $1,561,065 |
| 3BR | $5,214,137 | $5,470 | 0.8% | +4.6% | $1,738,046 |
| 4BR | $8,081,788 | $5,950 | 0.5% | +6.0% | $2,020,447 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10013 Compare?
| Metric | 10013 | New York | New York |
|---|---|---|---|
| Home Value | $3,742,256 | $572,493 | $505,608 |
| 5-Year CAGR | 1.9% | 1.2% | 6.6% |
| Avg Rent | $6,528 | $3,425 | - |
| Cap Rate | 1.4% | 3.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 10013 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $3,742,256 |
| Monthly Rent | $6,528 |
| Price-to-Rent | 47.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.1% |
| Cap Rate | 1.4% |
| 5-Year IRR | 3.2% |
📈 Home Appreciation
| 1-Year | +9.6% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +1.9% ▲ |
| 10-Year CAGR | -2.1% ▼ |
🏠 Rent Trends
| 1-Year | +15.5% ▲ |
| 3-Year CAGR | +9.5% ▲ |
| 5-Year CAGR | +9.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 10013
Population: 28,215
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 10013
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BROOKLYN PROSPECT CHARTER SCHOOL-CSD 13
BROOKLYN RISE CHARTER SCHOOL
EDMUND W GORDON BROOKLYN LABORATORY CHARTER SCHOOL
MANHATTAN CHARTER SCHOOL
BROOKLYN LABORATORY CHARTER SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,148 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does New York, NY rate as a rental market?
New York, NY reports an investability rating of 2.0/5, with median home values near $3.7M and average rents around $6,528/mo. That combination puts it in the healthy tier for investor interest.
How much do tenants pay in New York, NY?
Rental rates in New York, NY average $6,528/mo. Tenant demand and $3.7M home values make the yield look reasonable by investor standards.
Is New York, NY suited for a house hack?
New York, NY offers a tougher house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $6,528/mo rent level.
How much does a house cost in New York, NY?
New York, NY home values average about $3.7M. That price point suits investors targeting rentals with $6,528/mo in monthly income.
How do experienced investors play New York, NY?
In New York, NY the significant play is typically careful cash-flow rentals with hands-on management. The combination of $3.7M prices and $6,528/mo rents suits that approach.
You know 10013 now. You don’t know where it ranks.
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How 10013 ranks in New York-Newark-Jersey City, NY-NJ-PA
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