Professional affordability calculator optimized for multifamily properties in New York. Local market data shows 4.2% average cap rates and $750,000 median property values.
This calculator is optimized for multifamily property investments in New York. The market data above reflects current conditions in the New York real estate market, helping you make informed decisions about multifamily property investments.
The New York, NY multifamily real estate market offers unique investment opportunities. With a median home price of $750,000 and average cap rates of 4.2%,multifamily properties in this market present a stable investment profile.
Current market conditions show properties averaging 45 days on market, with year-over-year appreciation of 3.8%. Average cash-on-cash returns for multifamily investments in New York are approximately 6.5%.