Real Estate Investing in New York, New York (11230)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11230 (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: -2.6% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 27.4 — hard to cash-flow at these prices.
What’s happening in New York, NY (11230)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11230 New York
Not every below-median market is a bargain. New York's 11230 ZIP clocks in at signals that favor experienced operators who can absorb the risk $928K pricing implies.
For an experienced owner, 11230 can be a a credible choice for hunting ground — but the discount at $928K reflects genuine risk that outside investors often underestimate.
ZIP 11230'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.
The 11230 ZIP's population of 88,252 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
The 11230 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11230
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $355,390 | $2,780 | 5.6% | -0.2% | $355,390 |
| 2BR | $554,872 | $3,050 | 4.0% | +2.8% | $277,436 |
| 3BR | $1,043,630 | $3,820 | 2.6% | +3.3% | $347,877 |
| 4BR | $1,370,923 | $4,150 | 2.2% | +4.0% | $342,731 |
| 5BR | $1,919,507 | — | — | +4.5% | $383,901 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11230 Compare?
| Metric | 11230 | New York | New York |
|---|---|---|---|
| Home Value | $927,519 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $2,821 | $3,425 | - |
| Cap Rate | 2.4% | 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 11230 (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 | $927,519 |
| Monthly Rent | $2,821 |
| Price-to-Rent | 27.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | -2.6% ▼ |
| 10-Year CAGR | +0.3% ▲ |
🏠 Rent Trends
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +5.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). 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 11230
Population: 88,252
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 11230
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
NEW VISIONS CHTR HS-ADV MA/SCI III
BROOKLYN PROSPECT CHARTER SCHOOL - CSD 15.2
KINGS COLLEGIATE CHARTER SCHOOL
FLATBUSH ASCEND CHARTER SCHOOL
HEBREW LANGUAGE ACADEMY CHARTER SCHOOL 2
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
Does New York, NY make sense for an investment property?
Investors tracking New York, NY will find a 2.0/5 rating supported by $928K median home values and $2,821/mo rents. That profile suits long-term holders targeting steady returns.
How much is rent in New York, NY?
The typical rental in New York, NY commands about $2,821/mo monthly. That rent profile steady cash flow against the $928K purchase basis.
What is the typical home price in New York, NY?
New York, NY home values average about $928K. That price point suits investors targeting rentals with $2,821/mo in monthly income.
What is the tenant pool like in New York, NY?
Tenant quality in New York, NY ranks as solid. Landlords generally report reliable occupancy at market rents of $2,821/mo.
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 ($928K prices, $2,821/mo rents) make it a reasonable choice.
You know 11230 now. You don’t know where it ranks.
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How 11230 ranks in New York-Newark-Jersey City, NY-NJ-PA
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