Real Estate Investing in New York, New York (10469)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10469 (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 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 (10469)?
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Market Analysis: 10469 New York
Not every below-median market is a bargain. New York's 10469 ZIP comes in at signals that favor experienced operators who can absorb the risk $706K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 10469 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within NY, ZIP 10469 trails on several market indicators that neighboring Bronx County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Demographically, 10469 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 10469 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 10469
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $588,787 | $2,830 | 3.5% | +2.7% | $294,393 |
| 3BR | $676,883 | $3,540 | 3.8% | +5.1% | $225,628 |
| 4BR | $719,380 | $3,850 | 3.9% | +6.4% | $179,845 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10469 Compare?
| Metric | 10469 | New York | New York |
|---|---|---|---|
| Home Value | $705,694 | $572,493 | $505,608 |
| 5-Year CAGR | 4.3% | 1.2% | 6.6% |
| Avg Rent | $3,277 | $3,425 | - |
| Cap Rate | 3.6% | 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 10469 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $705,694 |
| Monthly Rent | $3,277 |
| Price-to-Rent | 17.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +7.8% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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 10469
Population: 69,855
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 10469
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
How do home values compare in New York, NY?
Median home price in New York, NY is near $706K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Are eviction rules reasonable in New York, NY?
Rental owners in New York, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Should investors worry about vacancy in New York, NY?
Vacancy risk in New York, NY is elevated. That supports even-keeled cash flow for typical rental holds.
Can I live-in-and-rent in New York, NY?
New York, NY is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $706K price point reasonable to enter.
How qualified is the tenant pool 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.
You know 10469 now. You don’t know where it ranks.
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How 10469 ranks in New York-Newark-Jersey City, NY-NJ-PA
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