Real Estate Investing in New York, New York (10453)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10453 (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.
- Elevated poverty: 29.8% poverty rate — can affect rent collection.
- Higher unemployment: 8.1% unemployment — tenant risk signal.
- Lower household income: $34,800 median — tenant affordability is tighter.
What’s happening in New York, NY (10453)?
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Market Analysis: 10453 New York
The 10453 ZIP in New York, NY is a local-operator market. Outside capital chasing a $572K entry has to pair deep knowledge with the discount.
For an experienced owner, 10453 can be a a solid fit for hunting ground — but the discount at $572K reflects genuine risk that outside investors often underestimate.
Within NY, ZIP 10453 trails on several market indicators that neighboring Bronx County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Demographically, 10453 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 10453 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
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 10453 Compare?
| Metric | 10453 | New York | New York |
|---|---|---|---|
| Home Value | $571,897 | $572,493 | $505,608 |
| 5-Year CAGR | 3.7% | 1.2% | 6.6% |
| Avg Rent | $2,335 | $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 10453 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $571,897 |
| Monthly Rent | $2,335 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 10453
Population: 78,270
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 10453
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
Investor Insight: With 574 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How tight is the rental market in New York, NY?
Vacancy risk in New York, NY is elevated. That supports predictable cash flow for typical rental holds.
Is New York, NY landlord-friendly?
NY law tenant-protective for landlords, and New York inherits those rules. Investors should still review local ordinances for rental licensing.
How much is rent in New York, NY?
Rents in New York, NY run near $2,335/mo. Compared with median home prices of $572K that produces solid gross yields for typical rentals.
Which investment style suits New York, NY?
A careful cash-flow rentals with hands-on management strategy New York, NY best. The market produces measured results for that approach at the $572K price point.
What is the investability score for New York, NY?
Yes - New York, NY a 3.0/5 investability score. With $572K home prices against $2,335/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 10453 now. You don’t know where it ranks.
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How 10453 ranks in New York-Newark-Jersey City, NY-NJ-PA
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