Real Estate Investing in New York, New York (10310)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10310 (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.
- Elevated vacancy: 8.8% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New York, NY (10310)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10310 New York
Not every below-median market is a bargain. New York's 10310 ZIP reports signals that favor experienced operators who can absorb the risk $706K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 10310 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within NY, ZIP 10310 trails on several market indicators that neighboring Richmond County submarkets outperform. The gap is real and solid enough to shape underwriting.
Stepping back, 25,824 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at New York's stable or hybrid ZIPs before stepping into 10310. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 10310
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $555,267 | $2,710 | 3.5% | +5.0% | $277,634 |
| 3BR | $658,833 | $3,390 | 3.7% | +4.8% | $219,611 |
| 4BR | $745,117 | $3,690 | 3.6% | +4.6% | $186,279 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10310 Compare?
| Metric | 10310 | New York | New York |
|---|---|---|---|
| Home Value | $705,652 | $572,493 | $505,608 |
| 5-Year CAGR | 3.9% | 1.2% | 6.6% |
| Avg Rent | $2,932 | $3,425 | - |
| Cap Rate | 3.2% | 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 10310 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $705,652 |
| Monthly Rent | $2,932 |
| Price-to-Rent | 20.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 10310
Population: 25,824
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 10310
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Henry E. Harris Community School
John M. Bailey Community School
Lincoln Community School #5
Philip G. Vroom Community School
Washington Community School #9
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 506 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is New York, NY for real estate investors?
New York, NY scores 3.0/5 for investability. Home values sit at $706K and rents near $2,932/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is it like being a landlord in New York, NY?
NY law tenant-protective for landlords, and New York inherits those rules. Investors should still review local ordinances for rental licensing.
Which real estate strategy fits New York, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in New York, NY. The numbers - $706K homes against $2,932/mo rents - support that play.
How tight is the rental market in New York, NY?
Vacancy risk in New York, NY is elevated. That supports even-keeled cash flow for typical rental holds.
How strong is tenant demand in New York, NY?
Working renters make up the core of the New York, NY tenant base. The pool is reasonable for investors targeting long-term holds.
You know 10310 now. You don’t know where it ranks.
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How 10310 ranks in New York-Newark-Jersey City, NY-NJ-PA
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