Real Estate Investing in New York, New York (11206)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11206 (New York, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 32.6% poverty rate — can affect rent collection.
What’s happening in New York, NY (11206)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11206 New York
This part of Kings County is not an easy win. The 11206 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
In practical terms, the numbers look inviting — $1.2M purchase price, 0.0% nominal cap — the work to hit that pro forma in 11206 is substantial and deserves full respect.
ZIP 11206's metrics run below Kings County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
From a cash-flow lens, 89,231 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.
Strategy in 11206 is an operator game, not a passive one. Looking more closely, entry prices of $1.2M are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11206
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $712,002 | $2,420 | 2.4% | +1.7% | $712,002 |
| 2BR | $917,302 | $2,650 | 2.1% | +1.7% | $458,651 |
| 3BR | $1,185,890 | $3,320 | 2.0% | +2.0% | $395,297 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11206 Compare?
| Metric | 11206 | New York | New York |
|---|---|---|---|
| Home Value | $1,153,423 | $572,493 | $505,608 |
| 5-Year CAGR | 7.5% | 1.2% | 6.6% |
| Avg Rent | $4,030 | $3,425 | - |
| Cap Rate | 2.7% | 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 11206 (New York, NY). Anonymous, moderated, never written by AI.
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Property managers serving Kings County
Manage rentals here? List your business →CASE provides debt restructuring advisory and investment services. summary from their website
Good Peoples Property Management provides property management services. summary from their website
Leiter Management offers comprehensive property management solutions. 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 | $1,153,423 |
| Monthly Rent | $4,030 |
| Price-to-Rent | 23.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +14.3% ▲ |
| 3-Year CAGR | +9.2% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +3.7% ▲ |
🏠 Rent Trends
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +7.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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 11206
Population: 89,231
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 11206
Schools in This ZIP Code
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
What do landlords charge for rent in New York, NY?
Average rent in New York, NY is approximately $4,030/mo per month. Against $1.2M home values that yields a reasonable rent-to-price ratio.
Is vacancy a concern in New York, NY?
New York, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
Should investors consider New York, NY?
Our data puts New York, NY at 3.0/5 for investability. Home prices of $1.2M and rents around $4,030/mo create a solid backdrop for investor activity.
What is the typical renter like in New York, NY?
The tenant pool in New York, NY is solid, supported by local employment and population fundamentals. Rents of $4,030/mo are well-absorbed by the market.
Is New York, NY better for rentals, flips, or BRRRR?
Investors usually favor careful cash-flow rentals with hands-on management in New York, NY. With home values at $1.2M and rents near $4,030/mo, other strategies can work but produce even-keeled rather than outsized returns.
You know 11206 now. You don’t know where it ranks.
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How 11206 ranks in New York-Newark-Jersey City, NY-NJ-PA
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