Real Estate Investing in New York, New York (11361)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11361 (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 28.5 — hard to cash-flow at these prices.
What’s happening in New York, NY (11361)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11361 New York
Not every below-median market is a bargain. New York's 11361 ZIP sits at signals that favor experienced operators who can absorb the risk $1.0M pricing implies.
The investment case in 11361 is sturdy only for operators who understand what they are buying. A $1.0M median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
On the rental side, 11361 offers a low basis, the region around New York has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 11361 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.
looks to 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 11361
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $306,841 | $3,280 | 7.7% | +2.5% | $306,841 |
| 2BR | $638,534 | $3,600 | 4.1% | +4.9% | $319,267 |
| 3BR | $1,012,347 | $4,510 | 3.2% | +3.0% | $337,449 |
| 4BR | $1,242,571 | $4,900 | 2.8% | +3.8% | $310,643 |
| 5BR | $1,470,348 | — | — | +4.0% | $294,070 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11361 Compare?
| Metric | 11361 | New York | New York |
|---|---|---|---|
| Home Value | $1,003,418 | $572,493 | $505,608 |
| 5-Year CAGR | 3.6% | 1.2% | 6.6% |
| Avg Rent | $2,935 | $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 11361 (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 | $1,003,418 |
| Monthly Rent | $2,935 |
| Price-to-Rent | 28.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 5.8% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +3.7% ▲ |
🏠 Rent Trends
| 1-Year | -2.9% ▼ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +5.8% ▲ |
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 11361
Population: 30,402
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 11361
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
EAST-WEST SCHOOL OF INTERNATIONAL STUDIES
PS 46 ALLEY POND
QUEENS ACADEMY HIGH SCHOOL
QUEENS SCHOOL OF INQUIRY (THE)
IS 250 ROBERT F KENNEDY COMMUNITY MIDDLE SCHOOL (THE)
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
Investor Insight: With 815 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of vacancy should I budget for in New York, NY?
Expect elevated vacancy in New York, NY. Rents at $2,935/mo are absorbed by the tenant base without meaningful lag.
Is housing expensive in New York, NY?
Expect median prices around $1.0M in New York, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
What approach is best for New York, NY real estate?
For New York, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How do landlord-tenant laws work in New York, NY?
Landlord-friendliness in New York, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is New York, NY a good market for buy-and-hold investors?
New York, NY scores 3.0/5 for investability. Home values sit at $1.0M and rents near $2,935/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 11361 now. You don’t know where it ranks.
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How 11361 ranks in New York-Newark-Jersey City, NY-NJ-PA
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