Real Estate Investing in New York, New York (11366)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11366 (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.
- Elevated vacancy: 8.1% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 33.4 — hard to cash-flow at these prices.
What’s happening in New York, NY (11366)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11366 New York
Not every below-median market is a bargain. New York's 11366 ZIP shows signals that favor experienced operators who can absorb the risk $1.1M pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.1M asset, 11366 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader NY picture, 11366 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 11366 includes headwinds that any investor should price in. Income distribution skews lower than New York averages, and tenant stability requires active management.
New investors are better served looking at New York's stable or hybrid ZIPs before stepping into 11366. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11366
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $1,092,391 | $3,910 | 2.6% | +2.9% | $364,130 |
| 4BR | $1,220,324 | $4,240 | 2.5% | +3.9% | $305,081 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11366 Compare?
| Metric | 11366 | New York | New York |
|---|---|---|---|
| Home Value | $1,143,176 | $572,493 | $505,608 |
| 5-Year CAGR | 4.2% | 1.2% | 6.6% |
| Avg Rent | $2,850 | $3,425 | - |
| Cap Rate | 1.9% | 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 11366 (New York, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 11366 (New York, NY)?
~25 seconds · no account needed · your report is anonymous
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 | $1,143,176 |
| Monthly Rent | $2,850 |
| Price-to-Rent | 33.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.9%). 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 11366
Population: 12,967
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 11366
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
GROWING UP GREEN CHARTER SCHOOL II
ACHIEVEMENT FIRST LEGACY CHARTER SCHOOL
CAMBRIA HEIGHTS ACADEMY
EAST-WEST SCHOOL OF INTERNATIONAL STUDIES
IS 192 LINDEN (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 975 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does house hacking work in New York, NY?
The house hack math a tougher in New York, NY. Owner-occupant buyers benefit from the $2,850/mo rents and $1.1M home values.
What are vacancy rates like in New York, NY?
Rental vacancy in New York, NY is elevated. Investors should budget normal turnover but not chronic empty units.
How does New York, NY stack up for property investment?
New York, NY rates 3.0/5 for investability. With median values at $1.1M and rents near $2,850/mo, the market offers reasonable fundamentals for rental investors.
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.
What is the typical renter like in New York, NY?
Expect a solid tenant pool in New York, NY. The rental market absorbs $2,850/mo rents without meaningful friction.
You know 11366 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11366 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 11366 ranks in New York-Newark-Jersey City, NY-NJ-PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 11366 (New York)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 11366 (New York, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.