52 Tiger Ct · New York, NY 10314

$399,000

2 bd · 1.5 ba · 851 sqft · Condo public records · 8 Days on market

Built 1986

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +8.2/30.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Livability +3.8/5.0
• Rent growth +3.5/5.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• DSCR +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

EXCELLENT END UNIT THSE. CATHEDRAL CEILING, SKYLIGHT, WOOD FLOORS IN LR, POOL! HOIDAY VILLAS. Level 1: BAS - NONE. LV1 - ENT FOYER, UTIILTY RM, EIK, LR 1/2 BATH, SIDE YARD. LV2 - MBR, BR, FULL BATH, LAUNDRY RM

Key facts

• Eat in kitchen
• Side yard
• Built 1986

Tags

• GRANITEVILLE LOCATION
• SIDE YARD
• EAT IN KITCHEN
• PRIVATE COMMUNITY POOL

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $399k.

Deal economics

• At list price, monthly cash flow is $-373 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $383k (4.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $309k (22.6% below list).
• Recommended offer: $309k (22.6% below list) — sets the bar for 1% rule.
• Cap rate 5.2% vs local median 2.6% in New York — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#268 in NY, #4,188 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: crime F, cost of living F.
• Market conditions: Rents rising (+3.9%/yr); 487 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 480 units permitted in Richmond County in 2024 (22 in 5+ unit buildings).
• This rent runs 35% of the median local income ($105k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
• Richmond County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 30y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $212k; list at $399k implies a 88% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; major wind risk, 51% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $308,648 (22.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.77% ✗
• Cap rate: 5.17%
• Cash-on-cash: -4.01%
• DSCR: 0.82
• GRM: 10.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.93% rent growth · sell at horizon

5-year hold

• IRR: -22.0%
• Equity multiple: 0.24×
• Total profit: $-85,447
• Equity at exit: $59,492

10-year hold

• IRR: -13.7%
• Equity multiple: 0.17×
• Total profit: $-92,521
• Equity at exit: $34,498

Cash invested: $111,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City New York: 0 Strongly Tenant-Friendly · D+34

Rent Stabilization Code; HSTPA; 6+ months in housing court.

Methodology + full state rankings →

ZIP-level market 10314

• Rents YoY: 3.9%
• Active inventory: 487
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $3,086 medium
• Mortgage (P&I): −$2,092
• Tax from tax record: −$272 /mo · $3,266/yr
• Insurance: −$166
• HOA est. from 2 same-building comps: −$281
• Vacancy / Maint / Mgmt: −$648
• Net cashflow: $-373

Break-even live

Break-even rent $3,559

Max offer price $333,024

Occupancy floor —

Sensitivity live

Price	-10% $-148	-5% $-261	+0% $-373	+5% $-486	+10% $-599
Rent	-10% $-617	-5% $-495	+0% $-373	+5% $-252	+10% $-130
Rate	-1.0pp $-173	-0.5pp $-272	base $-373	+0.5pp $-477	+1.0pp $-582

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $99,750
• Closing costs: $11,970
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
527 Willowbrook Rd Staten Island, NY	3.0	2.0	1000	$4,000	$4.00	3d	1	0.72mi
1288 Forest Ave Unit 2 Staten Island, NY	3.0	1.0	1000	$3,200	$3.20	18d	1	0.97mi
1288 Forest Ave Unit 1 Staten Island, NY	1.0	1.0	600	$1,950	$3.25	18d	1	0.97mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 8 events

1. 2026-04-17
   status Pending
2. 2026-04-08
   listed $399,000 Active
3. 2003-07-28
   soldstatus $212,500
4. 2003-07-09
   soldstatus $212,500 212-char remark

   Show marketing remark (212 chars)

   EXCELLENT END UNIT THSE. CATHEDRAL CEILING, SKYLIGHT, WOOD FLOORS IN LR, POOL! HOIDAY VILLAS. Level 1: BAS - NONE. LV1 - ENT FOYER, UTIILTY RM, EIK, LR 1/2 BATH, SIDE YARD. LV2 - MBR, BR, FULL BATH, LAUNDRY RM

5. 2003-03-28
   listed $219,900 212-char remark

   Show marketing remark (212 chars)

   EXCELLENT END UNIT THSE. CATHEDRAL CEILING, SKYLIGHT, WOOD FLOORS IN LR, POOL! HOIDAY VILLAS. Level 1: BAS - NONE. LV1 - ENT FOYER, UTIILTY RM, EIK, LR 1/2 BATH, SIDE YARD. LV2 - MBR, BR, FULL BATH, LAUNDRY RM

6. 1997-04-01
   soldstatus $86,500
7. 1997-03-20
   soldstatus $86,500 161-char remark

   Show marketing remark (161 chars)

   SHOW & SELL! END UNIT WITH YARD-CAN EXPAND,ATTIC FOR ADDITIONAL SPACE Level 1: B: SLAB L1: LIVING ROOM,EIK,1/2 BATH L2: 2 BEDROOMS L3: STAIRS-LIGHT-FLOOR

8. 1996-08-03
   listed $89,900 161-char remark

   Show marketing remark (161 chars)

   SHOW & SELL! END UNIT WITH YARD-CAN EXPAND,ATTIC FOR ADDITIONAL SPACE Level 1: B: SLAB L1: LIVING ROOM,EIK,1/2 BATH L2: 2 BEDROOMS L3: STAIRS-LIGHT-FLOOR

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $3,266 · $272/mo
• Projected year-2 tax: $5,004 · $417/mo
• Expected delta: +$1,739/yr (+$145/mo · 53.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 51% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,038
• − Mortgage interest: −$22,350
• − Property taxes: −$3,266
• − Insurance: −$1,995
• − Repairs & maintenance: −$2,963
• − Management: −$2,963
• − HOA: −$3,372
• − Depreciation: −$11,607
• Taxable loss: −$11,479
• Est. tax savings @ 24.0%: +$2,755
• After-tax cash flow: $-1,727/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — New York

• Score: 75/100
• State rank: #268
• US rank: #4188

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A- Housing C+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New York, NY
• County: Richmond County · 404,174 people
• City population: 7,731,280
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 93,915
• Household income: $104,613
• Rent vs Own: 27.1% rent · 72.9% own
• Severe rent burden: 2168.0

Population outlook (Richmond County) Hauer SSP2

• Today (2025): 482,784 people
• By 2030: 481,831 · -0.2%
• By 2040: 473,159 · -2.0%
• By 2050: 457,242 · -5.3%
• By 2075: 408,029 · -15.5%
• By 2100: 341,459 · -29.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 60% Asian 19% Hispanic / Latino 15% Two or more races 8% Black 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 7% Dominican 1%
• Common ancestry: Romanian 4% Scotch-Irish 2% Subsaharan African 1%
• Foreign-born: 28% · Canada, China, South Korea
• Languages at home: 61% English-only · Spanish 9% Chinese 7% Other Indo-European 7%

Political lean MEDSL · Richmond

• 2024 margin: Strong R (+29.8) · D 35.1% · R 64.9%
• 2008→2024 swing: -25.7pp toward R · 2008: -4.0pp · 2024: -29.8pp
• All cycles: 2024: R+29.8 2020: R+14.9 2016: R+16.8 2012: D+0.8 2008: R+4.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -553.73%
• Current HPI: 378.3872
• Rent YoY: ▲ 3.93%
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+343.8% since first listed

8 events — show timeline

• 2026-04-17 Pending — SIBORMLS
• 2026-04-08 Listed $399,000 SIBORMLS
• 2003-07-28 Sold (Public Records) $212,500 Public Records
• 2003-07-09 Sold (MLS) $212,500 SIBORMLS
• 2003-03-28 Listed $219,900 SIBORMLS
• 1997-04-01 Sold (Public Records) $86,500 Public Records
• 1997-03-20 Sold (MLS) $86,500 SIBORMLS
• 1996-08-03 Listed $89,900 SIBORMLS

Property tax history

+5.7%/yr

Latest (2025): $3,266 · +5.3% YoY. Source: county tax records.