Housing market/New York/ZIP 11416

ACS 2023 · FY2027 SAFMR

ZIP 11416 Ozone Park, 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
26,660
Households
7,501
Median HH income
$85,544
Renter share
49.6%
Median gross rent
$1,964
Vacancy
6.8%
Pop. change
-1.7%
2BR SAFMR
$3,030
SAFMR / rent
1.543×
2–49 unit stock
5,397
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 11416 · NY — sent to you.

ZIP 11416 · NY

ACS median rent$1,964
2BR SAFMR$3,030
90% floor$2,727
110% ceiling$3,333

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

Housing stock

ACS 2023 units-in-structure · ZCTA 11416

  • 1-unit detached1,59619.9%
  • 1-unit attached96312.0%
  • 2–4 units5,13063.9%
  • 5–49 units2673.3%
  • 50+ units730.9%
TypeUnitsShare
1-unit detached1,59619.8%
1-unit attached96312.0%
2 units (duplex)3,85447.9%
3–4 units1,27615.9%
5–9 units1592.0%
10–19 units460.6%
20–49 units620.8%
50+ units730.9%
Mobile00.0%

2–4 unit share 63.8% · 5–49 unit share 3.3% · combined 2–49 67.1%.

Units by bedrooms

Studio
196
1BR
866
2BR
2,894
3BR
2,795
4BR
736
5+
560

Rent burden

Rent ≥30% of income52.4%
Rent ≥50% of income30.6%
  • ACS median gross rent $1,964 (all bedrooms, occupied rentals).
  • Median contract rent $1,795.
  • Renters paying ≥30% of income 52.4%; ≥50% 30.6%.
  • FY2027 2BR SAFMR $3,030 (1.543× ACS median gross rent).

Population

26,660 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.7%.

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 2,992 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 11416 49.6% of occupied households are renters; vacancy is 6.8%; ACS median gross rent is $1,964; population changed -1.7% between the 2018 and 2023 ACS vintages; the housing stock includes 5,130 units in 2–4-unit structures and 267 units in 5–49-unit structures; FY2027 2BR SAFMR is $3,030 versus ACS median gross rent of $1,964. 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 11416 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 11416?

ZIP 11416 (New York, NY HUD Metro FMR Area) has 26,660 residents, 7,501 households, a renter share of 49.6%, median household income of $85,544, and ACS 2023 median gross rent of $1,964. Vacancy is 6.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 11416?

ACS counts 3,854 units in 2-unit buildings, 1,276 in 3–4 unit buildings, 159 in 5–9, 46 in 10–19, and 62 in 20–49. Combined 2–49 unit stock is 5,397 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 11416?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,030. See the full schedule and 90–110% payment-standard band on the ZIP 11416 — Ozone Park, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 11416 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.