Pre-1970 stock · lot-split-viable
Old Garden City
Historic core with the densest stock of pre-1970 homes in the city. Lot-split-viable parcels common; primary flip and small-format infill territory. Mid-basis with surprisingly strong ARVs because of Greenbelt-adjacent and arts-district spillover. Owner-occupancy not required on ADUs (Garden City Title 8); Tiny Homes on Wheels explicitly permitted as ADUs.
Renew takes
What the numbers don't say. Our read, labeled.
Internal interpretation of local dynamics. Always labeled as Renew analysis so you know which is data and which is judgment.
Core neighborhood supports scrape-and-build single-family at 2,200–2,800 sqft; confirm R-M zoning allows duplex by-right before acquisition.
By asset class
Old Garden City × asset class. How this neighborhood reads for each play.
Renew's read on how each asset class performs in this neighborhood specifically. Verify against your own underwrite before acting.
Multifamily
See asset brief →Historic core density allows small-format multifamily; verify zoning for lot-split potential on oversized parcels.
SFH Rentals
See asset brief →Dense suburban stock with strong tenant demand from young professionals; high crime areas near trailer parks require block-level screening.
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