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New York Multi-family Properties For Sale

The state of New York has 5 Multi-family Properties For Sale listed across 405 cities. The median value of houses in New York is $413,600 with an appreciation rate of 13.6%. 40.6% of housing in New York is rented and the vacancy rate is 10.9%.

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Statistics & facts

20.11M Population
$413K Medium Home Value
7.53M # of Households
10.88% Housing Vacancy
39.53% Future Job Growth
3.70% Unemployment Rate


Population

New York has a population of approximately 20,114,745 and experiences a population change rate of 6.00%. The population density is 426.8 / sq mi.

Household

The median household income for New York is $75,157, with 7,530,150 households and an average household size of 2.6.

Cost of Living

The cost of living index in New York is 129.4%.

Home Value

The median value of a home in New York is $413,600 with an appreciation rate of 13.6%. 48.5% of housing in the state is owned while 40.6% is rented.

Employment

The unemployment rate in New York is 3.70%, and recent job growth is at 0.99%. Future job growth is projected at 39.53%.

Taxes

The sales tax rate in New York is 8.88%, while the income tax rate is 5.85%.

Education

School expenditures in New York are $30,823, and the school ratio is 12.3:1.

Weather

The average high temperature in July is 81.2 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 43.5 inches per year, with 62.2 inches of snow per year.

Top 5 Reasons to move to the State of New York

New York City Living

Living in New York City is like being in the heart of the action 24/7. With its iconic skyline, world-class dining, and endless entertainment, you'll never run out of things to do. Broadway shows, Central Park strolls, and diverse neighborhoods are just the start. Plus, the city’s melting pot of cultures means you can travel the world without ever leaving the five boroughs.

Upstate New York’s Natural Beauty

Upstate New York was made for nature lovers. With the stunning Adirondack Mountains and tranquil Finger Lakes, there's so much outdoor fun to dive into. Whether you're hiking, skiing, or boating, there's always something thrilling to do. And when fall rolls around, the landscape bursts into vibrant colors that are just breathtaking. It's an ideal escape from the hustle and bustle of city life for anyone looking for some peace and quiet.

New York’s Historic Charm

New York state is loaded with history and offers a range of cultural experiences. Explore places like the Erie Canal, the homes of Franklin and Eleanor Roosevelt, or check out quaint colonial villages. There are tons of museums showcasing everything from art and science to local stories. It's a history lover's dream with endless opportunities to learn and discover something new.

New York’s Top Schools and Colleges

From big name universities like Cornell and Columbia to excellent public schools, New York is home to some of the best educational institutions in the country. Whether you're heading for college yourself or scouting out schools for your kids, you'll find plenty of great choices here. The state really puts its money where its mouth is when it comes to education, setting up its residents for a bright future.

New York Dining Experiences

New York is a foodie's dream come true. The state offers an incredible variety of culinary experiences, from Michelin-starred restaurants in NYC to charming farm-to-table eateries upstate. Savor authentic Italian in Little Italy, fresh seafood on Long Island, and delicious apple cider doughnuts in the Hudson Valley. Every meal is an adventure for your taste buds!

Top 15 Cities for real estate in New York

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