Real Estate Investing in New York, New York (11105)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11105 (New York, NY)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.9% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 31.4 — hard to cash-flow at these prices.
What’s happening in New York, NY (11105)?
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Market Analysis: 11105 New York
The 11105 ZIP covers a section of New York that demands careful diligence. Prices near $1.2M look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.2M asset, 11105 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 11105 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Put differently, 38,507 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at New York's stable or hybrid ZIPs before stepping into 11105. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11105
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $596,496 | $3,350 | 4.0% | +1.9% | $596,496 |
| 2BR | $895,315 | $3,670 | 3.0% | +0.6% | $447,657 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11105 Compare?
| Metric | 11105 | New York | New York |
|---|---|---|---|
| Home Value | $1,151,798 | $572,493 | $505,608 |
| 5-Year CAGR | 3.3% | 1.2% | 6.6% |
| Avg Rent | $3,054 | $3,425 | - |
| Cap Rate | 2.1% | 3.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 11105 (New York, NY). Anonymous, moderated, never written by AI.
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Property managers serving Queens County
Manage rentals here? List your business →Jili Property Management specializes in boutique communities and new development, managing condominiums, cooperatives, and other assets. summary from their website
Paradigm Property Management specializes in multifamily and association property management in the Greater Cincinnati/Northern Kentucky areas. summary from their website
Premier Property Management, Inc. provides residential, commercial, and storage facility property management services in SW Washington, including Clark County. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,151,798 |
| Monthly Rent | $3,054 |
| Price-to-Rent | 31.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +4.0% ▲ |
🏠 Rent Trends
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +6.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 11105
Population: 38,507
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 11105
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
AMERICAN DREAM CHARTER SCHOOL
DEMOCRACY PREP ENDURANCE CHARTER SCHOOL
DREAM CHARTER SCHOOL MOTT HAVEN
EAST HARLEM SCHOLARS ACADEMY CHARTER SCHOOL II
GROWING UP GREEN CHARTER SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How qualified is the tenant pool in New York, NY?
The renter base in New York, NY is reasonable for the $3,054/mo price point. Screening well and pricing to market typically yields consistent tenants.
How landlord-friendly is New York, NY?
Rental owners in New York, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
What is the typical vacancy rate in New York, NY?
New York, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
How much do tenants pay in New York, NY?
New York, NY rentals go for roughly $3,054/mo a month. That puts gross yield in solid territory relative to $1.2M acquisition costs.
Is housing expensive in New York, NY?
The median home value in New York, NY is roughly $1.2M. That puts it reasonable relative to the NY statewide average.
You know 11105 now. You don’t know where it ranks.
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How 11105 ranks in New York-Newark-Jersey City, NY-NJ-PA
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