Real Estate Investing in New York, New York (11357)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11357 (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 27.9 — hard to cash-flow at these prices.
What’s happening in New York, NY (11357)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11357 New York
Investors eyeing 11357 need to respect the fundamentals at play. Home values of $1.0M come alongside slower price movement and elevated management overhead.
For an experienced owner, 11357 can be a a solid fit for hunting ground — but the discount at $1.0M reflects genuine risk that outside investors often underestimate.
ZIP 11357's metrics run below Queens County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 11357 includes headwinds that any investor should price in. Income distribution skews lower than New York averages, and tenant stability requires active management.
The 11357 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 11357
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $323,844 | $3,090 | 6.9% | +5.3% | $323,844 |
| 2BR | $438,485 | $3,390 | 5.6% | +5.7% | $219,242 |
| 3BR | $1,059,045 | $4,250 | 2.9% | +3.9% | $353,015 |
| 4BR | $1,324,752 | $4,610 | 2.5% | +3.9% | $331,188 |
| 5BR | $1,590,479 | — | — | +3.3% | $318,096 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11357 Compare?
| Metric | 11357 | New York | New York |
|---|---|---|---|
| Home Value | $1,010,416 | $572,493 | $505,608 |
| 5-Year CAGR | 3.5% | 1.2% | 6.6% |
| Avg Rent | $3,024 | $3,425 | - |
| Cap Rate | 2.3% | 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 11357 (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 | $1,010,416 |
| Monthly Rent | $3,024 |
| Price-to-Rent | 27.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 5.9% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +3.9% ▲ |
🏠 Rent Trends
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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 11357
Population: 42,341
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 11357
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BRONX DELTA SCHOOL
EAST-WEST SCHOOL OF INTERNATIONAL STUDIES
PS 31 BAYSIDE
QUEENS ACADEMY HIGH SCHOOL
BRONX ARTS AND SCIENCE 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 strict are landlord regulations in New York, NY?
NY ranks as a tenant-protective state for landlord-tenant law. New York generally follows the statewide framework, so landlords face reasonable operating rules.
Are renters plentiful in New York, NY?
The renter base in New York, NY is reasonable for the $3,024/mo price point. Screening well and pricing to market typically yields predictable tenants.
Is New York, NY a good place for real estate investing?
New York, NY rates 3.0/5 for investability. With median values at $1.0M and rents near $3,024/mo, the market offers reasonable fundamentals for rental investors.
Is New York, NY a good market for FHA house hackers?
For house hackers, New York, NY is a tougher. The $3,024/mo rent on a unit helps defray the mortgage on a $1.0M property.
Are homes affordable in New York, NY?
In New York, NY the median home value sits at $1.0M. Against the broader NY market, that reads as reasonable for most investors.
You know 11357 now. You don’t know where it ranks.
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How 11357 ranks in New York-Newark-Jersey City, NY-NJ-PA
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