Real Estate Investing in New York, New York (11220)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11220 (New York, NY)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -4.0% 5-year CAGR — values have moved lower.
- Elevated vacancy: 8.7% 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 29.7 — hard to cash-flow at these prices.
What’s happening in New York, NY (11220)?
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Market Analysis: 11220 New York
This part of Kings County is not an easy win. The 11220 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 11220 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within NY, ZIP 11220 trails on several market indicators that neighboring Kings County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Employment concentration in 11220 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 11220 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11220
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $473,704 | $2,360 | 3.6% | +2.4% | $473,704 |
| 2BR | $631,079 | $2,590 | 3.0% | +2.0% | $315,540 |
| 3BR | $947,373 | $3,240 | 2.5% | +1.1% | $315,791 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11220 Compare?
| Metric | 11220 | New York | New York |
|---|---|---|---|
| Home Value | $975,526 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $2,740 | $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 11220 (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 | $975,526 |
| Monthly Rent | $2,740 |
| Price-to-Rent | 29.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | -4.0% ▼ |
| 10-Year CAGR | -2.9% ▼ |
🏠 Rent Trends
| 1-Year | -2.7% ▼ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +5.1% ▲ |
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 11220
Population: 90,792
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 11220
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 strategy should investors use in New York, NY?
New York, NY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($976K prices, $2,740/mo rents) make it a reasonable choice.
How strong is New York, NY for real estate investors?
New York, NY clocks in at an investability rating of 2.0/5, with median home values near $976K and average rents around $2,740/mo. That combination puts it in the durable tier for investor interest.
What is the average home sale price in New York, NY?
The median home value in New York, NY is roughly $976K. That puts it reasonable relative to the NY statewide average.
How do landlord-tenant laws work in New York, NY?
Rental owners in New York, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Does house hacking work in New York, NY?
The house hack math a challenging in New York, NY. Owner-occupant buyers benefit from the $2,740/mo rents and $976K home values.
You know 11220 now. You don’t know where it ranks.
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How 11220 ranks in New York-Newark-Jersey City, NY-NJ-PA
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