Real Estate Investing in New York, New York (10464)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Bronx County • Population: 4,273 • Data updated: September 2026

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Should you buy in 10464 (New York, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in New York, NY (10464)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $678,572
Avg Monthly Rent $2,646
1% Rule ✗ Does Not Meet
Median Income $129,109
% Renters 33.8%

Market Analysis: 10464 New York

Investors eyeing 10464 need to respect the fundamentals at play. Home values of $679K come alongside slower price movement and elevated management overhead.

The investment case in 10464 is notable only for operators who understand what they are buying. A $679K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

In the broader NY picture, 10464 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Employment concentration in 10464 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The right play in 10464 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in New York:

C Below Average
Buy Confidence Score: 54/100
Affordability
10/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.3× the median income
Value Trend
Rising (+3.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,646/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
🏠

Property Strategy for 10464

Which property type performs best in this market?

Best for Cash Flow
3BR
3.7% cap rate
Best for Appreciation
2BR
+3.4% 5yr CAGR
Best Overall Value
3BR
$241,105/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $586,919 $2,940 3.6% +3.4% $293,459
3BR $723,314 $3,680 3.7% +2.6% $241,105

Market Trends

Home Value History (with trend line)

$713K$648K$583K$519K$454K$389KJul 2006Jul 2016Jul 2026

📊 How Does 10464 Compare?

Metric 10464 New York New York
Home Value $678,572 $572,493 $505,608
5-Year CAGR 2.3% 1.2% 6.6%
Avg Rent $2,646 $3,425 -
Cap Rate 3.0% 3.2% -
💡 Why Invest in 10464? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 10464 (New York, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+2.3%
Slow

📊 Market Snapshot

Home Value $678,572
Monthly Rent $2,646
Price-to-Rent 21.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.7%
Cap Rate 3.0%
5-Year IRR 5.4%

📈 Home Appreciation

1-Year +3.6% ▲
3-Year CAGR +3.5% ▲
5-Year CAGR +2.3% ▲
10-Year CAGR +3.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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.

Vacancy
6.4%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+2.3%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 10464

Population: 4,273

💰 Median Household Income
$129,109
This area
$129,109
State
$86,376
USA
$74,580
🏠 Renter Occupied
33.8%
This area
33.8%
State
26.4%
USA
34.0%
💼 Unemployment Rate
4.7%
This area
4.7%
State
-24.2%
USA
3.7%
🎓 College Educated
54.4%
This area
54.4%
State
4.2%
USA
33.7%
👤 Median Age
49.4 years
This area
49.4 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
6.4%
This area
6.4%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 76.7%
Hispanic/Latino 19.3%
Other/Mixed 19.3%
Asian 2.4%
Black/African American 1.5%
👶 Under 18
15.0%
This area
15.0%
USA
22.0%
👴 65 and Over
28.9%
This area
28.9%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
USA
11.5%

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 10464

B Avg School Grade
1 Schools
12.1:1 Avg Class Size

Schools in This ZIP Code

B Good

PS 175 CITY ISLAND

📚 K – 08 School
👥
255 Students
👨‍🏫
12.1:1 Class Size

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

HUTCHINSON SCHOOL

📚 K – 05 Elementary
📍 48 5TH ST, PELHAM
👥
373 Students
👨‍🏫
10.7:1 Class Size
💰
$33,753 Per Student
A+ Excellent

JEFFERSON ELEMENTARY SCHOOL

📚 K – 05 Elementary
📍 131 WEYMAN AVE, NEW ROCHELLE
👥
517 Students
👨‍🏫
11.8:1 Class Size
💰
$32,177 Per Student
A+ Excellent

PELHAM MIDDLE SCHOOL

📚 06 – 08 Middle
📍 28 FRANKLIN PL, PELHAM
👥
692 Students
👨‍🏫
11.5:1 Class Size
💰
$33,753 Per Student
A+ Excellent

EQUALITY CHARTER SCHOOL

📚 06 – 12 High School Charter
📍 4140 HUTCHINSON RIVER PKWY E, BRONX
👥
631 Students
👨‍🏫
8.8:1 Class Size
💰
$27,584 Per Student
A+ Excellent

ICAHN CHARTER SCHOOL 3

📚 K – 08 School Charter
📍 1500 PELHAM PKWY S, BRONX
👥
334 Students
👨‍🏫
11.5:1 Class Size
💰
$21,611 Per Student
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

8 Nearby
C
Albert Einstein College of Medicine
1,328 students · 2.6 mi
C
Westchester School of Beauty Culture
55 students · 3.6 mi
C
Montefiore School of Nursing
115 students · 3.7 mi
C
American Beauty School
140 students · 3.9 mi
C
Iona University
3,720 students · 4.0 mi
C+
School of Professional Horticulture, New York Botanical Garden
19 students · 4.1 mi
C+
SUNY Maritime College
1,350 students · 4.2 mi
B+
United States Merchant Marine Academy
961 students · 4.3 mi

Frequently Asked Questions

Where do home prices stand in New York, NY?

New York, NY home values average about $679K. That price point suits investors targeting rentals with $2,646/mo in monthly income.

Where do rents currently stand in New York, NY?

Investors in New York, NY typically see rents near $2,646/mo per month against $679K home values - a solid setup for rental cash flow.

How landlord-friendly is New York, NY?

Landlord-friendliness in New York, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

What does house hacking look like in New York, NY?

The a challenging house-hack environment in New York, NY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

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.

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How 10464 ranks in New York-Newark-Jersey City, NY-NJ-PA

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