Real Estate Investing in New York, New York (10472)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10472 (New York, NY)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.3% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 28.8% poverty rate — can affect rent collection.
What’s happening in New York, NY (10472)?
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Market Analysis: 10472 New York
Investors eyeing 10472 need to respect the fundamentals at play. Home values of $703K come alongside slower price movement and elevated management overhead.
For an experienced owner, 10472 can be a a credible choice for hunting ground — but the discount at $703K reflects genuine risk that outside investors often underestimate.
Regionally, 10472 sits on the difficult end of the NY spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 10472 includes headwinds that any investor should price in. Income distribution skews lower than New York averages, and tenant stability requires active management.
The right play in 10472 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
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 10472 Compare?
| Metric | 10472 | New York | New York |
|---|---|---|---|
| Home Value | $702,826 | $572,493 | $505,608 |
| 5-Year CAGR | 3.1% | 1.2% | 6.6% |
| Avg Rent | $3,081 | $3,425 | - |
| Cap Rate | 3.4% | 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 10472 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $702,826 |
| Monthly Rent | $3,081 |
| Price-to-Rent | 19.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +3.1% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (3.4%). 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 10472
Population: 63,820
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 10472
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 763 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much is rent in New York, NY?
New York, NY rentals go for roughly $3,081/mo a month. That puts gross yield in solid territory relative to $703K acquisition costs.
What is the typical home price in New York, NY?
Homes in New York, NY typically sell near $703K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
Are there empty rentals in New York, NY?
Vacancy in New York, NY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $3,081/mo.
Does house hacking work in New York, NY?
House hacking works a challenging in New York, NY. Rents of $3,081/mo against $703K acquisition make the strategy solid for owner-occupants.
What kind of market is New York, NY for investors?
Our data puts New York, NY at 3.0/5 for investability. Home prices of $703K and rents around $3,081/mo create a solid backdrop for investor activity.
You know 10472 now. You don’t know where it ranks.
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How 10472 ranks in New York-Newark-Jersey City, NY-NJ-PA
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