Real Estate Investing in New York, New York (11249)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11249 (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 (11249)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11249 New York
Not every below-median market is a bargain. New York's 11249 ZIP shows signals that favor experienced operators who can absorb the risk $1.6M pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 11249 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 11249 sits on the difficult end of the NY spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 11249 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:
Property Strategy for 11249
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $1,138,096 | $3,140 | 2.0% | +3.0% | $1,138,096 |
| 2BR | $1,826,726 | $3,440 | 1.4% | +2.6% | $913,363 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11249 Compare?
| Metric | 11249 | New York | New York |
|---|---|---|---|
| Home Value | $1,553,651 | $572,493 | $505,608 |
| 5-Year CAGR | 2.7% | 1.2% | 6.6% |
| Avg Rent | $5,593 | $3,425 | - |
| Cap Rate | 2.8% | 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 11249 (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 | $1,553,651 |
| Monthly Rent | $5,593 |
| Price-to-Rent | 23.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +1.6% ▲ |
🏠 Rent Trends
| 1-Year | -0.5% ▼ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +6.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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 11249
Population: 45,353
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 11249
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BEDFORD STUYVESANT COLLEGIATE CHARTER SCHOOL
BEGINNING WITH CHILDREN CHARTER SCHOOL II
BROOKLYN PROSPECT CHARTER SCHOOL - CSD 13.2
BROOKLYN PROSPECT CHARTER SCHOOL-CSD 13
BROOKLYN RISE 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
How quickly do rentals get leased in New York, NY?
Expect elevated vacancy in New York, NY. Rents at $5,593/mo are absorbed by the tenant base without meaningful lag.
How strong are rents in New York, NY?
Average rent in New York, NY is approximately $5,593/mo per month. Against $1.6M home values that yields a reasonable rent-to-price ratio.
What is the typical home price in New York, NY?
Expect median prices around $1.6M in New York, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
Which real estate strategy fits New York, NY?
Investors usually favor careful cash-flow rentals with hands-on management in New York, NY. With home values at $1.6M and rents near $5,593/mo, other strategies can work but produce measured rather than outsized returns.
Is real estate in New York, NY a good investment right now?
The 3.0/5 investability rating in New York, NY reflects its $1.6M prices and $5,593/mo rents. Investors generally consider it a solid option within NY.
You know 11249 now. You don’t know where it ranks.
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How 11249 ranks in New York-Newark-Jersey City, NY-NJ-PA
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