Real Estate Investing in New York, New York (10065)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10065 (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: 27.5% of homes vacant — above national norms.
- Declining values: -0.4% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 30.3 — hard to cash-flow at these prices.
What’s happening in New York, NY (10065)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10065 New York
ZIP 10065 inside New York County looks affordable on the surface — median value of $1.7M — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $4,737/mo on a $1.7M basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 10065 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in New York have seen price recovery that 10065 has not matched. New York County data supports the view that the spread is structural rather than temporary.
A robust renter share of 68% in 10065 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 10065 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 10065
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $876,776 | $3,990 | 3.3% | +0.8% | $876,776 |
| 2BR | $1,839,268 | $4,370 | 1.7% | +0.8% | $919,634 |
| 3BR | $3,104,879 | $5,470 | 1.3% | +1.1% | $1,034,960 |
| 4BR | $5,394,007 | $5,950 | 0.8% | +2.8% | $1,348,502 |
| 5BR | $9,487,530 | — | — | — | $1,897,506 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10065 Compare?
| Metric | 10065 | New York | New York |
|---|---|---|---|
| Home Value | $1,721,303 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $4,737 | $3,425 | - |
| Cap Rate | 2.2% | 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 10065 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $1,721,303 |
| Monthly Rent | $4,737 |
| Price-to-Rent | 30.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 1.8% |
📈 Home Appreciation
| 1-Year | +12.6% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | -0.4% ▼ |
| 10-Year CAGR | -0.2% ▼ |
🏠 Rent Trends
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +8.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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 10065
Population: 31,047
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 10065
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
HIGH SCHOOL OF ARTS AND TECHNOLOGY
URBAN ASSEMBLY SCHOOL FOR MEDIA STUDIES
SPECIAL MUSIC SCHOOL
YORKVILLE EAST MIDDLE SCHOOL
HIGH SCHOOL FOR LAW ADVOCACY AND COMMUNITY JUSTICE
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 strong are rents in New York, NY?
Rents in New York, NY run near $4,737/mo. Compared with median home prices of $1.7M that produces solid gross yields for typical rentals.
How deep is the rental pool in New York, NY?
New York, NY offers a predictable renter base at the $4,737/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the rental occupancy rate in New York, NY?
Vacancy risk in New York, NY is elevated. That supports even-keeled cash flow for typical rental holds.
How landlord-friendly is New York, NY?
New York, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
How strong is New York, NY for real estate investors?
Yes - New York, NY a 2.0/5 investability score. With $1.7M home prices against $4,737/mo monthly rent, the market delivers a reasonable entry point for new investors.
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How 10065 ranks in New York-Newark-Jersey City, NY-NJ-PA
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