Real Estate Investing in New York, New York (11239)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11239 (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.
- High price-to-rent: Price-to-rent ratio 25.1 — hard to cash-flow at these prices.
- Lower household income: $38,670 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in New York, NY (11239)?
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Market Analysis: 11239 New York
ZIP 11239 inside Kings County looks affordable on the surface — median value of $680K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 11239 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 11239 and stronger New York ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 11239 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in New York:
Market Trends
Home Value History (with trend line)
📊 How Does 11239 Compare?
| Metric | 11239 | New York | New York |
|---|---|---|---|
| Home Value | $679,990 | $572,493 | $505,608 |
| 5-Year CAGR | 4.3% | 1.2% | 6.6% |
| Avg Rent | $2,259 | $3,425 | - |
| Cap Rate | 2.6% | 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 11239 (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 | $679,990 |
| Monthly Rent | $2,259 |
| Price-to-Rent | 25.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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 11239
Population: 16,047
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 11239
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
LEADERSHIP PREPARATORY BROWNSVILLE CHARTER SCHOOL
LEADERSHIP PREPARATORY CANARSIE CHARTER SCHOOL
EXPLORE EXCEL CHARTER SCHOOL
OUR WORLD NEIGHBORHOOD CHARTER SCHOOL 2
LAMAD ACADEMY CHARTER SCHOOL
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 are rental rates like in New York, NY?
Rent in New York, NY is around $2,259/mo. The resulting rent-to-value relationship with $680K pricing is reasonable for most investor models.
Is New York, NY better for rentals, flips, or BRRRR?
Investors usually favor careful cash-flow rentals with hands-on management in New York, NY. With home values at $680K and rents near $2,259/mo, other strategies can work but produce consistent rather than outsized returns.
What price range are homes in New York, NY?
Typical homes in New York, NY go for around $680K. The 5-year CAGR of 0.0% consistent price movement.
Is NY a landlord-friendly state?
For rental operators, New York, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Do landlords face vacancy issues in New York, NY?
Vacancy in New York, NY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,259/mo.
You know 11239 now. You don’t know where it ranks.
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How 11239 ranks in New York-Newark-Jersey City, NY-NJ-PA
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