Real Estate Investing in New York, New York (10306)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10306 (New York, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New York, NY (10306)?
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Market Analysis: 10306 New York
ZIP 10306 in New York, NY carries a significant set of headwinds. Home values near $760K and rents of $2,592/mo sit inside a market where underwriting has to be tight.
Rent of $2,592/mo on a $760K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 10306 sits below the stated 0.0% once reality is priced in.
The gap between 10306 and stronger New York ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 10306 ZIP's population of 57,249 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Experienced landlords with local relationships tend to find 10306 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 10306
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $358,493 | $2,440 | 4.9% | +1.9% | $358,493 |
| 2BR | $526,140 | $2,670 | 3.7% | +4.5% | $263,070 |
| 3BR | $736,021 | $3,340 | 3.3% | +4.7% | $245,340 |
| 4BR | $924,438 | $3,630 | 2.8% | +4.4% | $231,110 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10306 Compare?
| Metric | 10306 | New York | New York |
|---|---|---|---|
| Home Value | $759,750 | $572,493 | $505,608 |
| 5-Year CAGR | 3.9% | 1.2% | 6.6% |
| Avg Rent | $2,592 | $3,425 | - |
| Cap Rate | 2.7% | 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 10306 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $759,750 |
| Monthly Rent | $2,592 |
| Price-to-Rent | 24.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 Rent Trends
| 1-Year | +20.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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 10306
Population: 57,249
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 10306
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
EARLY COLLEGE CHARTER SCHOOL
NEW VENTURES CHARTER SCHOOL
HELLENIC CLASSICAL CHARTER SCHOOL - STATEN ISLAND
IS 49 BERTA A DREYFUS
NAPLES STREET ELEMENTARY 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
Frequently Asked Questions
What is the median home value in New York, NY?
The median home value in New York, NY is roughly $760K. That puts it reasonable relative to the NY statewide average.
What kind of tenants rent in New York, NY?
The tenant pool in New York, NY is solid, supported by local employment and population fundamentals. Rents of $2,592/mo are well-absorbed by the market.
How strict are landlord regulations in New York, NY?
NY ranks as a tenant-protective state for landlord-tenant law. New York generally follows the statewide framework, so landlords face reasonable operating rules.
How quickly do rentals get leased in New York, NY?
New York, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What investment strategy works best 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 - $760K homes against $2,592/mo rents - support that play.
You know 10306 now. You don’t know where it ranks.
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How 10306 ranks in New York-Newark-Jersey City, NY-NJ-PA
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