Housing market/New York/ZIP 11423

ACS 2023 · FY2027 SAFMR

ZIP 11423 Hollis, 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
29,105
Households
9,824
Median HH income
$80,870
Renter share
42.6%
Median gross rent
$1,706
Vacancy
4.7%
Pop. change
-7.3%
2BR SAFMR
$2,690
SAFMR / rent
1.577×
2–49 unit stock
3,592
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 11423 · NY — sent to you.

ZIP 11423 · NY

ACS median rent$1,706
2BR SAFMR$2,690
90% floor$2,421
110% ceiling$2,959

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

Housing stock

ACS 2023 units-in-structure · ZCTA 11423

  • 1-unit detached4,42843.0%
  • 1-unit attached7907.7%
  • 2–4 units2,47424.0%
  • 5–49 units1,11810.8%
  • 50+ units1,45114.1%
  • Mobile460.4%
TypeUnitsShare
1-unit detached4,42843.0%
1-unit attached7907.7%
2 units (duplex)1,93518.8%
3–4 units5395.2%
5–9 units981.0%
10–19 units981.0%
20–49 units9228.9%
50+ units1,45114.1%
Mobile460.4%

2–4 unit share 24.0% · 5–49 unit share 10.8% · combined 2–49 34.9%.

Units by bedrooms

Studio
472
1BR
2,266
2BR
1,995
3BR
3,598
4BR
1,308
5+
668

Rent burden

Rent ≥30% of income52.8%
Rent ≥50% of income30.8%
  • ACS median gross rent $1,706 (all bedrooms, occupied rentals).
  • Median contract rent $1,540.
  • Renters paying ≥30% of income 52.8%; ≥50% 30.8%.
  • FY2027 2BR SAFMR $2,690 (1.577× ACS median gross rent).

Population

29,105 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -7.3%.

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 11423 42.6% of occupied households are renters; vacancy is 4.7%; ACS median gross rent is $1,706; population changed -7.3% between the 2018 and 2023 ACS vintages; the housing stock includes 2,474 units in 2–4-unit structures and 1,118 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,690 versus ACS median gross rent of $1,706. 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 11423 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 11423?

ZIP 11423 (New York, NY HUD Metro FMR Area) has 29,105 residents, 9,824 households, a renter share of 42.6%, median household income of $80,870, and ACS 2023 median gross rent of $1,706. Vacancy is 4.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 11423?

ACS counts 1,935 units in 2-unit buildings, 539 in 3–4 unit buildings, 98 in 5–9, 98 in 10–19, and 922 in 20–49. Combined 2–49 unit stock is 3,592 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 11423?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,690. See the full schedule and 90–110% payment-standard band on the ZIP 11423 — Hollis, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 11423 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.