Housing market/New York/ZIP 11228

ACS 2023 · FY2027 SAFMR

ZIP 11228 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
42,325
Households
15,105
Median HH income
$80,737
Renter share
45.3%
Median gross rent
$1,828
Vacancy
7.5%
Pop. change
-5.9%
2BR SAFMR
$2,920
SAFMR / rent
1.597×
2–49 unit stock
10,625
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 11228 · NY — sent to you.

ZIP 11228 · NY

ACS median rent$1,828
2BR SAFMR$2,920
90% floor$2,628
110% ceiling$3,212

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

Housing stock

ACS 2023 units-in-structure · ZCTA 11228

  • 1-unit detached1,3218.1%
  • 1-unit attached3,98424.4%
  • 2–4 units9,04755.4%
  • 5–49 units1,5789.7%
  • 50+ units3722.3%
  • Mobile340.2%
TypeUnitsShare
1-unit detached1,3218.1%
1-unit attached3,98424.4%
2 units (duplex)5,93436.3%
3–4 units3,11319.1%
5–9 units7724.7%
10–19 units4122.5%
20–49 units3942.4%
50+ units3722.3%
Mobile340.2%

2–4 unit share 55.4% · 5–49 unit share 9.7% · combined 2–49 65.0%.

Units by bedrooms

Studio
359
1BR
2,913
2BR
4,803
3BR
6,307
4BR
1,469
5+
485

Rent burden

Rent ≥30% of income53.6%
Rent ≥50% of income30.3%
  • ACS median gross rent $1,828 (all bedrooms, occupied rentals).
  • Median contract rent $1,676.
  • Renters paying ≥30% of income 53.6%; ≥50% 30.3%.
  • FY2027 2BR SAFMR $2,920 (1.597× ACS median gross rent).

Population

42,325 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.9%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • 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 11228 45.3% of occupied households are renters; vacancy is 7.5%; ACS median gross rent is $1,828; population changed -5.9% between the 2018 and 2023 ACS vintages; the housing stock includes 9,047 units in 2–4-unit structures and 1,578 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,920 versus ACS median gross rent of $1,828. 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 11228 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 11228?

ZIP 11228 (New York, NY HUD Metro FMR Area) has 42,325 residents, 15,105 households, a renter share of 45.3%, median household income of $80,737, and ACS 2023 median gross rent of $1,828. Vacancy is 7.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 11228?

ACS counts 5,934 units in 2-unit buildings, 3,113 in 3–4 unit buildings, 772 in 5–9, 412 in 10–19, and 394 in 20–49. Combined 2–49 unit stock is 10,625 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 11228?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,920. See the full schedule and 90–110% payment-standard band on the ZIP 11228 — Brooklyn, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 11228 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.