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Market Snapshot

Median listing price
$2.10M

The median listing price in New York, NY ZIP 10001 is $2,095,000 as of June 2026.

Median rent
$5,795/mo

The median market rent in New York, NY ZIP 10001 is $5,795/month as of June 2026.

Days on market
480 days

The median days on market in New York, NY ZIP 10001 is 480 days as of June 2026. The market is currently neutral.

Gross rental yield
3.32%

At a median list price of $2,095,000 and a median rent of $5,795/month, the gross rental yield in New York, NY ZIP 10001 is 3.32% as of June 2026.

STR vs LTR
$3,252/mo STR · $5,795/mo LTR

In New York, NY ZIP 10001, median Airbnb revenue is $3,252/month compared to median long-term rent of $5,795/month as of June 2026.

New York, NY 10001 Real Estate Market Report

ZIP Code: 10001

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
78
Active Listings
33
Sold Properties
45

Market Metrics

Median Listing Price
$2,095,000
Median Sold Price
$3,354,500
Median Price per Sqft
$1,813/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$5,795

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.21%

Liquidity & Velocity

Median Days on Market
480
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in New York, NY 10001 average 6.63%, reflecting a market where rates have fluctuated significantly throughout 2026 compared to earlier annual lows.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market value indicator is the median sold price $3,354,500, which represents the most reliable recent transaction signal for pricing and suggests a relatively high-value band for SFR and condominium properties in 10001.
  2. There is a notable gap between the median listing price $2,095,000 and the median sold price $3,354,500, which may indicate pricing friction or segmentation between asking strategies and closed transactions in the sample.
  3. Liquidity appears slow based on the median days on market 480, which suggests slower sales velocity and that sellers may need extended market exposure to achieve recorded sale prices.
  4. Market context shows prices and rents are trending up (price year-over-year trend: up; rent year-over-year trend: up), while market temperature is neutral and interest rate pressure is elevated (current 30-year fixed average 6.63%), indicating persistent financing headwinds that may temper transaction volume despite rising values and rents.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

35 Hudson Yards # 7401, New York, NY 10001
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds5 baths3,848 sqft
$9,004,250
May 1, 2026
$2,340/sqft/sqft
327 days on market
35 Hudson Yards # 7901, New York, NY 10001
Premium

Sold above market average

4 beds5 baths3,848 sqft
$8,600,000
Apr 1, 2026
$2,235/sqft/sqft
97 days on market
553 W 30th St # 72b, New York, NY 10001
Premium

Sold above market average

- beds- baths3,029 sqft
$8,067,500
Mar 1, 2026
$2,663/sqft/sqft
130 W 30th St Apt 10c, New York, NY 10001
Value

Sold below market average

3 beds3 baths2,055 sqft
$2,240,000
May 1, 2026
$1,090/sqft/sqft
468 days on market
263 9th Ave Apt 5b, New York, NY 10001
Value

Sold below market average

2 beds2 baths1,536 sqft
$2,235,000
May 1, 2026
$1,455/sqft/sqft
249 days on market
252 7th Ave Apt 6h, New York, NY 10001
Value

Sold below market average

2 beds2 baths1,602 sqft
$2,200,000
May 1, 2026
$1,373/sqft/sqft
815 days on market
517 W 29th St Apt 7f, New York, NY 10001
Market Benchmark

Sold at market average

- beds- baths473 sqft
$825,000
May 1, 2026
$1,744/sqft/sqft
480 days on market
517 W 29th St Apt 6g, New York, NY 10001
Market Benchmark

Sold at market average

- beds- baths454 sqft
$819,250
May 1, 2026
$1,805/sqft/sqft
480 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$15,570/mo
10001 Avg Rent
10001 Cost to Own
Rent$5,795
Own$21,365

20% down, 6.53% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

10001 Avg nightly rate
10001 Avg occupancy (days/year)
Nightly rate$381/night
Occupancy73 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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