Real Estate Investing in New York, New York (11213)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11213 (New York, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.0% 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 30.3 — hard to cash-flow at these prices.
What’s happening in New York, NY (11213)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11213 New York
ZIP 11213 in New York, NY carries a sturdy set of headwinds. Home values near $1.1M and rents of $3,160/mo sit inside a market where underwriting has to be tight.
Rent of $3,160/mo on a $1.1M basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 11213 sits below the stated 0.0% once reality is priced in.
ZIP 11213'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.
Stepping back, 69,630 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.
Experienced landlords with local relationships tend to find 11213 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11213
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $527,822 | $2,560 | 3.5% | +6.2% | $527,822 |
| 2BR | $696,086 | $2,810 | 2.9% | +3.1% | $348,043 |
| 3BR | $1,025,150 | $3,520 | 2.5% | +5.5% | $341,717 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11213 Compare?
| Metric | 11213 | New York | New York |
|---|---|---|---|
| Home Value | $1,147,833 | $572,493 | $505,608 |
| 5-Year CAGR | 5.3% | 1.2% | 6.6% |
| Avg Rent | $3,160 | $3,425 | - |
| Cap Rate | 2.2% | 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 11213 (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 | $1,147,833 |
| Monthly Rent | $3,160 |
| Price-to-Rent | 30.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +11.5% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 Rent Trends
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +7.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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 11213
Population: 69,630
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 11213
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 is the median home value in New York, NY?
Median home price in New York, NY is near $1.1M, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
How tight is the rental market in New York, NY?
New York, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What strategy should investors use in New York, NY?
For New York, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How viable is house hacking in New York, NY?
House hacking works a tougher in New York, NY. Rents of $3,160/mo against $1.1M acquisition make the strategy solid for owner-occupants.
Does New York, NY favor landlords or tenants?
NY ranks as a tenant-protective state for landlord-tenant law. New York generally follows the statewide framework, so landlords face reasonable operating rules.
You know 11213 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11213 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 11213 ranks in New York-Newark-Jersey City, NY-NJ-PA
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