Real Estate Investing in New York, New York (10460)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10460 (New York, NY)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Declining values: -0.6% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 31.5% poverty rate — can affect rent collection.
- Higher unemployment: 8.5% unemployment — tenant risk signal.
What’s happening in New York, NY (10460)?
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Market Analysis: 10460 New York
ZIP 10460 in New York, NY carries a robust set of headwinds. Home values near $521K and rents of $2,766/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 10460 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 10460 and stronger New York ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 10460 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 10460 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:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10460 Compare?
| Metric | 10460 | New York | New York |
|---|---|---|---|
| Home Value | $521,421 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $2,766 | $3,425 | - |
| Cap Rate | 4.1% | 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 10460 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $521,421 |
| Monthly Rent | $2,766 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 3.5% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | -0.6% ▼ |
| 10-Year CAGR | +2.2% ▲ |
🏠 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 (4.1%). 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 10460
Population: 61,101
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 10460
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
What approach is best for New York, NY real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in New York, NY. The numbers - $521K homes against $2,766/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 reliable cash flow for typical rental holds.
How much should I expect to pay for a home in New York, NY?
Expect median prices around $521K in New York, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Can I house hack in New York, NY?
New York, NY is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $521K price point reasonable to enter.
How qualified is the tenant pool in New York, NY?
The tenant pool in New York, NY is solid, supported by local employment and population fundamentals. Rents of $2,766/mo are well-absorbed by the market.
You know 10460 now. You don’t know where it ranks.
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How 10460 ranks in New York-Newark-Jersey City, NY-NJ-PA
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