Real Estate Investing in New York, New York (11216)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11216 (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 28.3 — hard to cash-flow at these prices.
What’s happening in New York, NY (11216)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11216 New York
Not every below-median market is a bargain. New York's 11216 ZIP reports signals that favor experienced operators who can absorb the risk $1.2M pricing implies.
Rent of $3,633/mo on a $1.2M basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 11216 sits below the stated 0.0% once reality is priced in.
The gap between 11216 and stronger New York ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 11216 includes headwinds that any investor should price in. Income distribution skews lower than New York averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 11216 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 11216
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $744,309 | $3,350 | 3.2% | +2.7% | $744,309 |
| 2BR | $1,034,231 | $3,670 | 2.6% | +3.6% | $517,116 |
| 3BR | $1,392,165 | $4,600 | 2.4% | +1.8% | $464,055 |
| 5BR | $2,318,108 | — | — | +4.5% | $463,622 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11216 Compare?
| Metric | 11216 | New York | New York |
|---|---|---|---|
| Home Value | $1,234,290 | $572,493 | $505,608 |
| 5-Year CAGR | 3.2% | 1.2% | 6.6% |
| Avg Rent | $3,633 | $3,425 | - |
| Cap Rate | 2.3% | 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 11216 (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 | $1,234,290 |
| Monthly Rent | $3,633 |
| Price-to-Rent | 28.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +3.2% ▲ |
| 10-Year CAGR | +4.0% ▲ |
🏠 Rent Trends
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +6.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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 11216
Population: 59,913
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 11216
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 does house hacking look like in New York, NY?
House hacking in New York, NY is a tougher. With home values around $1.2M and rents at $3,633/mo, owner-occupants can offset a meaningful share of PITI.
Is New York, NY good for landlords?
NY law tenant-protective for landlords, and New York inherits those rules. Investors should still review local ordinances for rental licensing.
Is real estate in New York, NY a good investment right now?
With a 3.0/5 investability score, New York, NY ranks as a solid market for rental property investors. Median prices of $1.2M and rents of $3,633/mo drive the underlying numbers.
Where do rents currently stand in New York, NY?
Rental rates in New York, NY average $3,633/mo. Tenant demand and $1.2M home values make the yield look reasonable by investor standards.
Are tenants stable in New York, NY?
Tenant quality in New York, NY ranks as solid. Landlords generally report even-keeled occupancy at market rents of $3,633/mo.
You know 11216 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11216 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 11216 ranks in New York-Newark-Jersey City, NY-NJ-PA
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