Real Estate Investing in New York, New York (10457)
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Should you buy in 10457 (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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Declining values: -0.1% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 29.6% poverty rate — can affect rent collection.
- Higher unemployment: 7.8% unemployment — tenant risk signal.
What’s happening in New York, NY (10457)?
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Market Analysis: 10457 New York
The 10457 ZIP covers a section of New York that demands careful diligence. Prices near $509K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 10457 can be a a viable market for hunting ground — but the discount at $509K reflects genuine risk that outside investors often underestimate.
ZIP 10457's metrics run below Bronx County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 10457 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 10457 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:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10457 Compare?
| Metric | 10457 | New York | New York |
|---|---|---|---|
| Home Value | $509,431 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $2,819 | $3,425 | - |
| Cap Rate | 4.3% | 3.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 10457 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $509,431 |
| Monthly Rent | $2,819 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 4.2% |
📈 Home Appreciation
| 1-Year | +9.1% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | -0.1% ▼ |
| 10-Year CAGR | +0.6% ▲ |
🏠 Rent Trends
| 1-Year | +20.3% ▲ |
| 3-Year CAGR | +12.0% ▲ |
| 5-Year CAGR | +12.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). 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 10457
Population: 79,375
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 10457
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 strong is New York, NY for real estate investors?
New York, NY scores 3.0/5 for investability. Home values sit at $509K and rents near $2,819/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the typical rental rate in New York, NY?
Investors in New York, NY typically see rents near $2,819/mo per month against $509K home values - a solid setup for rental cash flow.
How expensive is real estate in New York, NY?
The median home value in New York, NY is roughly $509K. That puts it reasonable relative to the NY statewide average.
How deep is the rental pool in New York, NY?
Expect a solid tenant pool in New York, NY. The rental market absorbs $2,819/mo rents without meaningful friction.
Do rentals sit vacant long in New York, NY?
Expect elevated vacancy in New York, NY. Rents at $2,819/mo are absorbed by the tenant base without meaningful lag.
You know 10457 now. You don’t know where it ranks.
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How 10457 ranks in New York-Newark-Jersey City, NY-NJ-PA
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