Real Estate Investing in New York, New York (10018)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10018 (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: 13.0% of homes vacant — above national norms.
- Declining values: -3.5% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 4.0% in the last year.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New York, NY (10018)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10018 New York
The 10018 ZIP covers a section of New York that demands careful diligence. Prices near $1.3M look accessible, but the work to make a deal cash flow is real.
The investment case in 10018 is solid only for operators who understand what they are buying. A $1.3M median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader NY picture, 10018 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 10018 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 10018 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in New York:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10018 Compare?
| Metric | 10018 | New York | New York |
|---|---|---|---|
| Home Value | $1,328,354 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $5,081 | $3,425 | - |
| Cap Rate | 3.0% | 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 10018 (New York, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 10018 (New York, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $1,328,354 |
| Monthly Rent | $5,081 |
| Price-to-Rent | 21.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | -4.0% ▼ |
| 3-Year CAGR | -3.0% ▼ |
| 5-Year CAGR | -3.5% ▼ |
| 10-Year CAGR | -4.0% ▼ |
🏠 Rent Trends
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +5.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 10018
Population: 8,764
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 10018
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BUSINESS OF SPORTS SCHOOL
FOOD AND FINANCE HIGH SCHOOL
PS 111 ADOLPH S OCHS
STEPHEN T MATHER BUILDING ARTS AND CRAFTMANSHIP HIGH SCHOOL
FACING HISTORY SCHOOL (THE)
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
Frequently Asked Questions
How do experienced investors play New York, NY?
Most investors in New York, NY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
Can I house hack in New York, NY?
For house hackers, New York, NY is a tougher. The $5,081/mo rent on a unit helps defray the mortgage on a $1.3M property.
How much do tenants pay in New York, NY?
Average rent in New York, NY is approximately $5,081/mo per month. Against $1.3M home values that yields a reasonable rent-to-price ratio.
Does New York, NY favor landlords or tenants?
NY law tenant-protective for landlords, and New York inherits those rules. Investors should still review local ordinances for rental licensing.
Is the tenant base reliable in New York, NY?
New York, NY draws a steady base of working renters. Demand at the $5,081/mo rent level is reasonable for standard single-family and small multi rentals.
You know 10018 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 10018 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 10018 ranks in New York-Newark-Jersey City, NY-NJ-PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 10018 (New York)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 10018 (New York, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.