Real Estate Investing in New York, New York (10035)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10035 (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.
- Declining values: -4.6% 5-year CAGR — values have moved lower.
- Elevated vacancy: 8.7% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 27.6% poverty rate — can affect rent collection.
What’s happening in New York, NY (10035)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10035 New York
The 10035 ZIP covers a section of New York that demands careful diligence. Prices near $709K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 10035 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 10035 sits on the difficult end of the NY spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 10035 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 10035 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:
Property Strategy for 10035
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $523,015 | $2,340 | 3.2% | +0.4% | $523,015 |
| 2BR | $664,438 | $2,560 | 2.8% | -1.6% | $332,219 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10035 Compare?
| Metric | 10035 | New York | New York |
|---|---|---|---|
| Home Value | $709,389 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $3,256 | $3,425 | - |
| Cap Rate | 3.6% | 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 10035 (New York, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 10035 (New York, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $709,389 |
| Monthly Rent | $3,256 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | +0.0% ▲ |
| 3-Year CAGR | -1.3% ▼ |
| 5-Year CAGR | -4.6% ▼ |
| 10-Year CAGR | -4.7% ▼ |
🏠 Rent Trends
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +5.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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 10035
Population: 39,082
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 10035
Schools in This ZIP Code
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 much should I expect to pay for a home in New York, NY?
The median home value in New York, NY is roughly $709K. That puts it reasonable relative to the NY statewide average.
What is the smart move for investors in New York, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in New York, NY. The numbers - $709K homes against $3,256/mo rents - support that play.
What are rental rates like in New York, NY?
Expect rents around $3,256/mo per month in New York, NY. With home values at $709K, the yield math works out to reasonable levels for rental investors.
Does house hacking make sense in New York, NY?
The house hack math a challenging in New York, NY. Owner-occupant buyers benefit from the $3,256/mo rents and $709K home values.
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.
You know 10035 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 10035 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 10035 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 10035 (New York)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 10035 (New York, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.