Real Estate Investing in New York, New York (11369)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11369 (New York, NY)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 31.2% of homes vacant — above national norms.
- 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 (11369)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11369 New York
ZIP 11369 inside Queens County looks affordable on the surface — median value of $847K — but the discount exists for reasons that a careful buyer should understand before committing.
From an investor standpoint, the numbers look inviting — $847K purchase price, 0.0% nominal cap — the work to hit that pro forma in 11369 is substantial and deserves full respect.
ZIP 11369'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.
Who lives in 11369 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. durable returns are possible in 11369, 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 11369
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $259,667 | $2,790 | 7.7% | +6.6% | $259,667 |
| 2BR | $424,123 | $3,060 | 5.2% | +2.5% | $212,061 |
| 3BR | $886,301 | $3,830 | 3.1% | +2.8% | $295,434 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11369 Compare?
| Metric | 11369 | New York | New York |
|---|---|---|---|
| Home Value | $847,115 | $572,493 | $505,608 |
| 5-Year CAGR | 3.2% | 1.2% | 6.6% |
| Avg Rent | $2,533 | $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 11369 (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 | $847,115 |
| Monthly Rent | $2,533 |
| Price-to-Rent | 27.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 5.6% |
📈 Home Appreciation
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +3.2% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (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 11369
Population: 33,354
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 11369
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
VALENCE COLLEGE PREPARATORY CHARTER SCHOOL
ELM COMMUNITY CHARTER SCHOOL
RENAISSANCE CHARTER SCHOOL 2 (THE)
CENTRAL QUEENS ACADEMY CHARTER SCHOOL
ACADEMY OF THE CITY 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
What is the average home sale price in New York, NY?
Expect median prices around $847K in New York, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
Is the tenant base reliable in New York, NY?
Tenant demand in New York, NY is solid. The local workforce $2,533/mo rents across most rental classes.
Are rents high in New York, NY?
New York, NY rentals go for roughly $2,533/mo a month. That puts gross yield in solid territory relative to $847K acquisition costs.
What is the best play in New York, NY?
New York, NY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($847K prices, $2,533/mo rents) make it a reasonable choice.
How quickly do rentals get leased in New York, NY?
Vacancy risk in New York, NY is elevated. That supports consistent cash flow for typical rental holds.
You know 11369 now. You don’t know where it ranks.
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How 11369 ranks in New York-Newark-Jersey City, NY-NJ-PA
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