Real Estate Investing in New York, New York (11354)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11354 (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.
- Elevated vacancy: 8.9% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (0.1% CAGR).
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New York, NY (11354)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11354 New York
ZIP 11354 in New York, NY carries a robust set of headwinds. Home values near $684K and rents of $2,674/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 11354 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader NY picture, 11354 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 11354 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. robust returns are possible in 11354, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11354
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $515,458 | $2,750 | 3.8% | +2.6% | $515,458 |
| 2BR | $680,389 | $3,020 | 3.2% | +3.5% | $340,194 |
| 3BR | $1,044,707 | $3,780 | 2.6% | +3.7% | $348,236 |
| 4BR | $1,297,956 | $4,110 | 2.3% | +4.0% | $324,489 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11354 Compare?
| Metric | 11354 | New York | New York |
|---|---|---|---|
| Home Value | $683,624 | $572,493 | $505,608 |
| 5-Year CAGR | 0.1% | 1.2% | 6.6% |
| Avg Rent | $2,674 | $3,425 | - |
| Cap Rate | 3.1% | 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 11354 (New York, NY). Anonymous, moderated, never written by AI.
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Property managers serving Queens County
Manage rentals here? List your business →Jili Property Management specializes in boutique communities and new development, managing condominiums, cooperatives, and other assets. summary from their website
Paradigm Property Management specializes in multifamily and association property management in the Greater Cincinnati/Northern Kentucky areas. summary from their website
Premier Property Management, Inc. provides residential, commercial, and storage facility property management services in SW Washington, including Clark County. 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 | $683,624 |
| Monthly Rent | $2,674 |
| Price-to-Rent | 21.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 3.2% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +0.1% ▲ |
| 10-Year CAGR | +1.6% ▲ |
🏠 Rent Trends
| 1-Year | -1.0% ▼ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +4.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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 11354
Population: 52,325
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 11354
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CORONA ARTS AND SCIENCES ACADEMY
EAST-WEST SCHOOL OF INTERNATIONAL STUDIES
PS 165 EDITH K BERGTRAUM
PS 201 DISCOVERY SCHOOL FOR INQUIRY AND RESEARCH (THE)
PS 219 PAUL KLAPPER
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
Is it easy to find good tenants in New York, NY?
New York, NY draws a reliable base of working renters. Demand at the $2,674/mo rent level is reasonable for standard single-family and small multi rentals.
Is vacancy a concern 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 $2,674/mo.
What does house hacking look like in New York, NY?
New York, NY is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $684K price point reasonable to enter.
What do landlords charge for rent in New York, NY?
Average rent in New York, NY is approximately $2,674/mo per month. Against $684K home values that yields a reasonable rent-to-price ratio.
Is New York, NY good for landlords?
Landlord-friendliness in New York, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 11354 now. You don’t know where it ranks.
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How 11354 ranks in New York-Newark-Jersey City, NY-NJ-PA
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