Housing market/New York/ZIP 11223
ZIP 11223 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 11223 · NY — sent to you.
ZIP 11223 · NY
ACS rent vs 2BR SAFMR
ZIP 11223 — Brooklyn, NY HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 11223
- 1-unit detached3,15510.9%
- 1-unit attached3,40111.8%
- 2–4 units10,40136.0%
- 5–49 units5,11917.7%
- 50+ units6,74823.4%
- Mobile330.1%
2–4 unit share 36.0% · 5–49 unit share 17.7% · combined 2–49 53.8%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,653 (all bedrooms, occupied rentals).
- Median contract rent $1,532.
- Renters paying ≥30% of income 55.8%; ≥50% 34.7%.
- FY2027 2BR SAFMR $2,940 (1.779× ACS median gross rent).
Population
78,566 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -3.9%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 3 projects, 2,215 units.
- HUD project-based assisted MF: 3 properties, 172 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 11223 64.2% of occupied households are renters; vacancy is 8.4%; ACS median gross rent is $1,653; population changed -3.9% between the 2018 and 2023 ACS vintages; the housing stock includes 10,401 units in 2–4-unit structures and 5,119 units in 5–49-unit structures; 3 LIHTC projects totaling 2,215 units; FY2027 2BR SAFMR is $2,940 versus ACS median gross rent of $1,653. 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 11223 is a Census / HUD profile for New York, NY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 11223 — Brooklyn, NY HUD Section 8 Payment Standards / SAFMR·New York ZIP directory
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 11223?
ZIP 11223 (New York, NY HUD Metro FMR Area) has 78,566 residents, 26,433 households, a renter share of 64.2%, median household income of $63,950, and ACS 2023 median gross rent of $1,653. Vacancy is 8.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 11223?
ACS counts 6,626 units in 2-unit buildings, 3,775 in 3–4 unit buildings, 1,446 in 5–9, 723 in 10–19, and 2,950 in 20–49. Combined 2–49 unit stock is 15,520 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 11223?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,940. See the full schedule and 90–110% payment-standard band on the ZIP 11223 — Brooklyn, NY HUD Section 8 Payment Standards / SAFMR.
Does this New York ZIP profile include Georgia listings?
No. ZIP 11223 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.