Real Estate Investing in New York, New York (11364)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11364 (New York, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: 0.0% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New York, NY (11364)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11364 New York
The 11364 ZIP in New York, NY is a local-operator market. Outside capital chasing a $637K entry has to pair deep knowledge with the discount.
The investment case in 11364 is solid only for operators who understand what they are buying. A $637K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader NY picture, 11364 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 11364 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 11364 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 11364
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $365,293 | $3,530 | 7.0% | — | $182,647 |
| 3BR | $1,001,275 | $4,420 | 3.2% | +4.3% | $333,758 |
| 4BR | $1,186,681 | $4,800 | 2.9% | +3.5% | $296,670 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11364 Compare?
| Metric | 11364 | New York | New York |
|---|---|---|---|
| Home Value | $636,588 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $2,838 | $3,425 | - |
| Cap Rate | 3.5% | 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 11364 (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 | $636,588 |
| Monthly Rent | $2,838 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 3.4% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | 0.0% ▼ |
| 10-Year CAGR | +1.5% ▲ |
🏠 Rent Trends
| 1-Year | +1.1% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 11364
Population: 36,417
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 11364
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
GREAT NECK SOUTH MIDDLE SCHOOL
GROWING UP GREEN CHARTER SCHOOL II
LAKEVILLE ELEMENTARY SCHOOL
GREAT NECK SOUTH HIGH SCHOOL
CAMBRIA HEIGHTS ACADEMY
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 975 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are there empty rentals in New York, NY?
New York, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
How should investors approach New York, NY?
In New York, NY the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $637K prices and $2,838/mo rents suits that approach.
Is New York, NY a good market for buy-and-hold investors?
Investors tracking New York, NY will find a 2.0/5 rating supported by $637K median home values and $2,838/mo rents. That profile suits long-term holders targeting stable returns.
What is the renter demographic in New York, NY?
Tenant quality in New York, NY ranks as solid. Landlords generally report predictable occupancy at market rents of $2,838/mo.
What monthly rent should investors expect in New York, NY?
Rental rates in New York, NY average $2,838/mo. Tenant demand and $637K home values make the yield look reasonable by investor standards.
You know 11364 now. You don’t know where it ranks.
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How 11364 ranks in New York-Newark-Jersey City, NY-NJ-PA
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