Real Estate Investing in New York, New York (11237)
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Should you buy in 11237 (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.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New York, NY (11237)?
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Market Analysis: 11237 New York
This part of Kings County is not an easy win. The 11237 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 11237 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 11237 sits on the difficult end of the NY spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The 11237 ZIP's population of 45,233 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
The right play in 11237 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:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11237 Compare?
| Metric | 11237 | New York | New York |
|---|---|---|---|
| Home Value | $1,119,079 | $572,493 | $505,608 |
| 5-Year CAGR | 3.6% | 1.2% | 6.6% |
| Avg Rent | $3,825 | $3,425 | - |
| Cap Rate | 2.7% | 3.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 11237 (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 | $1,119,079 |
| Monthly Rent | $3,825 |
| Price-to-Rent | 24.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 Rent Trends
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +8.5% ▲ |
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 11237
Population: 45,233
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 11237
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 rental occupancy rate in New York, NY?
Vacancy risk in New York, NY is elevated. That supports predictable cash flow for typical rental holds.
How strong is tenant demand in New York, NY?
Tenant demand in New York, NY is solid. The local workforce $3,825/mo rents across most rental classes.
Which investment style suits New York, NY?
New York, NY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($1.1M prices, $3,825/mo rents) make it a reasonable choice.
Is NY a landlord-friendly state?
New York, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
What are home prices like in New York, NY?
Typical homes in New York, NY go for around $1.1M. The 5-year CAGR of 0.0% stable price movement.
You know 11237 now. You don’t know where it ranks.
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How 11237 ranks in New York-Newark-Jersey City, NY-NJ-PA
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