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New York city, NY

ZIP 11228 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11228

Median Home Value
$1,131,700
Median Rent
$1,676
Affordability Snapshot
$312,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$7,270/mo PITI).

25%
Rent-to-Income Ratio

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

14.0x
Home Price-to-Income Ratio

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

56.3 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 11228 in New York city, NY, a household would need roughly $312,000 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 $7,270. That is about 286% above the local median household income ($80,737), 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
54.7%-16% vs US avg
x
Vacancy Rate
7.5%-27% vs US avg
x
Broadband Access
92.8%+7% vs US avg
x
4+ Bedrooms
3.0%-80% vs US avg
x
Built Pre-1939
10.0%-22% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
30.4%-39% vs US avg
x
Mortgage-Free
48.1%+26% vs US avg
x
$1,131,700
Home Value
$1,676
Rent
1938
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached8.1%
  • 1-unit attached24.4%
  • 2-9 units60.1%
  • 10+ units7.2%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,131,700
Median rent$1,676
Owner-occupied54.7%
Vacant7.5%
Price-to-income14.0x
Est. income to buy$312,000