Housing market/New York/ZIP 11212

ACS 2023 · FY2027 SAFMR

ZIP 11212 Brooklyn, New York

New York, NY HUD Metro FMR Area · New York. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
87,946
Households
32,588
Median HH income
$40,060
Renter share
86.2%
Median gross rent
$1,231
Vacancy
6.3%
Pop. change
+14.9%
2BR SAFMR
$2,620
SAFMR / rent
2.128×
2–49 unit stock
20,778
LIHTC proj / units
53 / 4,477
HUD assisted MF
12 / 2,237

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 11212 · NY — sent to you.

ZIP 11212 · NY

ACS median rent$1,231
2BR SAFMR$2,620
90% floor$2,358
110% ceiling$2,882

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 11212

  • 1-unit detached6972.0%
  • 1-unit attached2,6337.6%
  • 2–4 units9,38827.0%
  • 5–49 units11,39032.7%
  • 50+ units10,63930.6%
  • Mobile350.1%
TypeUnitsShare
1-unit detached6972.0%
1-unit attached2,6337.6%
2 units (duplex)3,0378.7%
3–4 units6,35118.3%
5–9 units2,3316.7%
10–19 units2,3676.8%
20–49 units6,69219.2%
50+ units10,63930.6%
Mobile350.1%

2–4 unit share 27.0% · 5–49 unit share 32.7% · combined 2–49 59.7%.

Units by bedrooms

Studio
1,971
1BR
9,468
2BR
15,075
3BR
6,356
4BR
1,330
5+
582

Rent burden

Rent ≥30% of income58.3%
Rent ≥50% of income32.9%
  • ACS median gross rent $1,231 (all bedrooms, occupied rentals).
  • Median contract rent $1,116.
  • Renters paying ≥30% of income 58.3%; ≥50% 32.9%.
  • FY2027 2BR SAFMR $2,620 (2.128× ACS median gross rent).

Population

87,946 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +14.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 53 projects, 4,477 units.
  • HUD project-based assisted MF: 12 properties, 2,237 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 6,573 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 11212 86.2% of occupied households are renters; vacancy is 6.3%; ACS median gross rent is $1,231; population increased +14.9% between the 2018 and 2023 ACS vintages; the housing stock includes 9,388 units in 2–4-unit structures and 11,390 units in 5–49-unit structures; 53 LIHTC projects totaling 4,477 units; FY2027 2BR SAFMR is $2,620 versus ACS median gross rent of $1,231. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New York research

ZIP 11212 is a Census / HUD profile for New York, NY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New York research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 11212?

ZIP 11212 (New York, NY HUD Metro FMR Area) has 87,946 residents, 32,588 households, a renter share of 86.2%, median household income of $40,060, and ACS 2023 median gross rent of $1,231. Vacancy is 6.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 11212?

ACS counts 3,037 units in 2-unit buildings, 6,351 in 3–4 unit buildings, 2,331 in 5–9, 2,367 in 10–19, and 6,692 in 20–49. Combined 2–49 unit stock is 20,778 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 11212?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,620. See the full schedule and 90–110% payment-standard band on the ZIP 11212 — Brooklyn, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 11212 is Census / HUD research for New York, NY HUD Metro FMR Area. Jeff Crowe CRE does not list New York property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.