Real Estate Investing in New York, New York (11372)
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Should you buy in 11372 (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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Declining values: -6.0% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 3.4% in the last year.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New York, NY (11372)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11372 New York
Not every below-median market is a bargain. New York's 11372 ZIP clocks in at signals that favor experienced operators who can absorb the risk $431K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 11372 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in New York have seen price recovery that 11372 has not matched. Queens County data supports the view that the spread is structural rather than temporary.
The demographic picture in 11372 includes headwinds that any investor should price in. Income distribution skews lower than New York averages, and tenant stability requires active management.
Strategy in 11372 is an operator game, not a passive one. From a cash-flow lens, entry prices of $431K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11372
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $358,003 | $2,830 | 5.7% | +0.3% | $358,003 |
| 2BR | $491,062 | $3,100 | 4.5% | +0.7% | $245,531 |
| 3BR | $858,839 | $3,880 | 3.3% | +4.0% | $286,280 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11372 Compare?
| Metric | 11372 | New York | New York |
|---|---|---|---|
| Home Value | $431,391 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $2,683 | $3,425 | - |
| Cap Rate | 4.9% | 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 11372 (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 | $431,391 |
| Monthly Rent | $2,683 |
| Price-to-Rent | 13.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | -3.4% ▼ |
| 3-Year CAGR | -3.0% ▼ |
| 5-Year CAGR | -6.0% ▼ |
| 10-Year CAGR | +1.0% ▲ |
🏠 Rent Trends
| 1-Year | -2.5% ▼ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +4.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). 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 11372
Population: 66,995
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 11372
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
GROWING UP GREEN CHARTER SCHOOL
VALENCE COLLEGE PREPARATORY CHARTER SCHOOL
ELM COMMUNITY CHARTER SCHOOL
OUR WORLD NEIGHBORHOOD CHARTER SCHOOL
VOICE CHARTER SCHOOL OF NEW YORK
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
Is New York, NY a friendly market for rental owners?
For rental operators, New York, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Is New York in NY worth investing in?
Investors tracking New York, NY will find a 3.0/5 rating supported by $431K median home values and $2,683/mo rents. That profile suits long-term holders targeting predictable returns.
What is the typical home price in New York, NY?
Homes in New York, NY typically sell near $431K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Can owner-occupants cash flow in New York, NY?
New York, NY offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,683/mo rent level.
Is it easy to find good tenants in New York, NY?
The renter base in New York, NY is reasonable for the $2,683/mo price point. Screening well and pricing to market typically yields reliable tenants.
You know 11372 now. You don’t know where it ranks.
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How 11372 ranks in New York-Newark-Jersey City, NY-NJ-PA
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