CalculatorNew York
STR vs LTR calculator — New York
New York spans NYC-area complexity and very different upstate markets. Default rent inputs reflect statewide HUD FMR data, skewed toward non-NYC markets—narrow inputs to the submarket you are actually buying. Same math as the national STR vs LTR calculator; numbers are educational—not lender instructions.
Frequently asked questions
- How do STR platform fees affect returns?
- Platform fees reduce gross booking revenue before operating expenses. This calculator applies your fee percentage to gross nightly revenue after occupancy.
- What occupancy makes short-term rental worth it vs long-term?
- It depends on nightly rate, fees, and expenses. Raise occupancy or nightly rate until STR cash flow and NOI beat your long-term rent scenario on the same financing.
- How should I compare STR vs LTR in New York?
- Use realistic occupancy and fee assumptions for STR, then compare against a long-term baseline near about $1,600/month. Include cleaner turnover, management, and regulation-related costs before deciding.
Real estate investing in New York
Real estate investing in New York
Upstate snow and NYC regulation are different worlds. This page does not encode local rent rules; you supply achievable rent and expenses.
- Typical 2BR rent
- ~$1,600/mo
- Effective property tax
- ~1.23% of home value
- State income tax
- Up to 10.9%
Rent: HUD FMR 2025 · Property tax: Tax Foundation 2022 · Adjust all calculator inputs to match your specific deal.
Other calculators for New York: BRRRR Calculator · Fix and Flip Calculator. All calculators · Investment property calculator