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New York city, NY

ZIP 11217 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11217

Median Home Value
$1,614,200
Median Rent
$2,714
Affordability Snapshot
$444,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$10,369/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

10.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

49.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 11217 in New York city, NY, a household would need roughly $444,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $10,369. That is about 180% above the local median household income ($158,314), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
28.9%-56% vs US avg
x
Vacancy Rate
9.5%-8% vs US avg
x
Broadband Access
92.5%+6% vs US avg
x
4+ Bedrooms
2.7%-82% vs US avg
x
Built Pre-1939
6.0%-53% vs US avg
x
Built Post-2014
1.7%-76% vs US avg
x
Rent Burden >30%
17.2%-65% vs US avg
x
Mortgage-Free
32.0%-16% vs US avg
x
$1,614,200
Home Value
$2,714
Rent
1938
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached1.5%
  • 1-unit attached4.7%
  • 2-9 units45.4%
  • 10+ units48.3%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,614,200
Median rent$2,714
Owner-occupied28.9%
Vacant9.5%
Price-to-income10.2x
Est. income to buy$444,000