Real Estate Investing in New York, New York (10466)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10466 (New York, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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.
What’s happening in New York, NY (10466)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10466 New York
Put differently, ZIP 10466 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $680K median. It rewards specialists, not generalists.
Rent of $3,218/mo on a $680K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 10466 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in New York have seen price recovery that 10466 has not matched. Bronx County data supports the view that the spread is structural rather than temporary.
Turning to rents, 74,061 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.
Experienced landlords with local relationships tend to find 10466 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:
Property Strategy for 10466
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $547,701 | $2,750 | 3.6% | +3.1% | $273,850 |
| 3BR | $658,195 | $3,440 | 3.8% | +4.8% | $219,398 |
| 4BR | $695,958 | $3,740 | 3.9% | +4.8% | $173,989 |
| 5BR | $769,222 | — | — | +2.1% | $153,844 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10466 Compare?
| Metric | 10466 | New York | New York |
|---|---|---|---|
| Home Value | $679,970 | $572,493 | $505,608 |
| 5-Year CAGR | 4.2% | 1.2% | 6.6% |
| Avg Rent | $3,218 | $3,425 | - |
| Cap Rate | 3.7% | 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 10466 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $679,970 |
| Monthly Rent | $3,218 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +9.9% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (3.7%). 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 10466
Population: 74,061
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 10466
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
Frequently Asked Questions
Is New York, NY a friendly market for rental owners?
The landlord environment in New York, NY is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
How much do tenants pay in New York, NY?
Rental rates in New York, NY average $3,218/mo. Tenant demand and $680K home values make the yield look reasonable by investor standards.
Are renters plentiful in New York, NY?
The renter base in New York, NY is reasonable for the $3,218/mo price point. Screening well and pricing to market typically yields predictable tenants.
What approach is best for New York, NY real estate?
In New York, NY the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $680K prices and $3,218/mo rents suits that approach.
What is the typical home price in New York, NY?
New York, NY median home values land near $680K. That is reasonable territory for investors looking at $3,218/mo-per-month rentals.
You know 10466 now. You don’t know where it ranks.
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How 10466 ranks in New York-Newark-Jersey City, NY-NJ-PA
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