Real Estate Investing in New York, New York (10468)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10468 (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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Declining values: -3.5% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 24.0% poverty rate — can affect rent collection.
- Higher unemployment: 7.2% unemployment — tenant risk signal.
What’s happening in New York, NY (10468)?
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Market Analysis: 10468 New York
The 10468 ZIP in New York, NY is a local-operator market. Outside capital chasing a $261K entry has to pair deep knowledge with the discount.
Rent of $2,141/mo on a $261K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 10468 sits below the stated 0.0% once reality is priced in.
In the broader NY picture, 10468 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 10468 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 10468 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 10468
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $207,557 | $2,440 | 8.5% | +1.9% | $207,557 |
| 2BR | $282,121 | $2,670 | 6.8% | +4.1% | $141,060 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10468 Compare?
| Metric | 10468 | New York | New York |
|---|---|---|---|
| Home Value | $261,109 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $2,141 | $3,425 | - |
| Cap Rate | 6.4% | 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 10468 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $261,109 |
| Monthly Rent | $2,141 |
| Price-to-Rent | 10.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.8% |
| Cap Rate | 6.4% |
| 5-Year IRR | 2.9% |
📈 Home Appreciation
| 1-Year | -2.0% ▼ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | -3.5% ▼ |
| 10-Year CAGR | +2.5% ▲ |
🏠 Rent Trends
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.4%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 10468
Population: 79,825
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 10468
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
Which real estate strategy fits New York, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in New York, NY. The numbers - $261K homes against $2,141/mo rents - support that play.
How strong is tenant demand in New York, NY?
New York, NY draws a predictable base of working renters. Demand at the $2,141/mo rent level is reasonable for standard single-family and small multi rentals.
What is the median home value in New York, NY?
Expect median prices around $261K in New York, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
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.
Should investors consider New York, NY?
With a 3.0/5 investability score, New York, NY ranks as a solid market for rental property investors. Median prices of $261K and rents of $2,141/mo drive the underlying numbers.
You know 10468 now. You don’t know where it ranks.
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How 10468 ranks in New York-Newark-Jersey City, NY-NJ-PA
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