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Boundary of ZIP code 10012

Market Snapshot

Median listing price
$20M

The median listing price in New York, NY ZIP 10012 is $19,975,000 as of September 2026.

Median rent
$5,495/mo

The median market rent in New York, NY ZIP 10012 is $5,495/month as of September 2026.

Days on market
247 days

The median days on market in New York, NY ZIP 10012 is 247 days as of September 2026. The market is currently neutral.

Gross rental yield
0.33%

At a median list price of $19,975,000 and a median rent of $5,495/month, the gross rental yield in New York, NY ZIP 10012 is 0.33% as of September 2026.

STR vs LTR
$3,377/mo STR · $5,495/mo LTR

In New York, NY ZIP 10012, median Airbnb revenue is $3,377/month compared to median long-term rent of $5,495/month as of September 2026.

New York, NY 10012 Real Estate Market Report

ZIP Code: 10012

Report Date: September 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
12 Months
Total Properties Analyzed
9
Active Listings
7
Sold Properties
2

Market Metrics

Median Listing Price
$19,975,000
Median Sold Price
$4,323,000
Median Price per Sqft
$979/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
$5,495

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
2.13%

Liquidity & Velocity

Liquidity metrics unavailable due to insufficient data quality.


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 for properties in New York 10012 are 6.96%, which is 0.37% higher than the 6.59% average observed earlier in 2026.

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


Key Findings

  1. median sold price is unavailable in the provided dataset, so a definitive market-value point from completed transactions cannot be stated; in the absence of that figure, rely on recent transaction signals and the neutral market temperature to contextualize pricing.
  2. price year-over-year trend is up, indicating upward price pressure in transaction-level pricing despite a measured pace of activity and should be treated as a positive signal for sellers when supported by representative recent sales.
  3. inventory context in the analyzed sample indicates relatively constrained active supply, which, combined with moderate transaction volume, suggests pricing friction that may support price stability rather than rapid appreciation or decline.
  4. interest rate pressure is elevated; Current 30-year fixed mortgage rates for properties in New York 10012 are 6.96%, which is 0.37% higher than the 6.59% average observed earlier in 2026, and this elevated rate backdrop likely moderates buyer affordability even as rents are rising (median market rent: $5,495).

Notable Properties

The following 2 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

30-128 Sullivan St, New York, NY 10012
Top Sale

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

- beds- baths4,607 sqft
$14,900,000
Aug 2026
$3,234/sqft
233 Mott St, New York, NY 10012
Market Benchmark

Sold at market average

- beds- baths8,440 sqft
$7,575,000
Jul 2026
$898/sqft

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

-$25,770/mo
10012 Avg Rent
10012 Cost to Own
Rent$5,495
Own$31,265

20% down, 6.71% rate, 2.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

10012 Avg nightly rate
10012 Avg occupancy (days/year)
Nightly rate$522/night
Occupancy259 of 365 days

Data Sources

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

Report generated: 9/8/2026

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