Real Estate Investing in New York, New York (11374)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11374 (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: -7.4% 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 (11374)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11374 New York
Investors eyeing 11374 need to respect the fundamentals at play. Home values of $436K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 11374 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader NY picture, 11374 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 11374 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at New York's stable or hybrid ZIPs before stepping into 11374. 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 11374
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $319,252 | $3,280 | 7.4% | -0.8% | $319,252 |
| 2BR | $464,450 | $3,600 | 5.6% | +0.5% | $232,225 |
| 3BR | $910,570 | $4,510 | 3.6% | +3.2% | $303,523 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11374 Compare?
| Metric | 11374 | New York | New York |
|---|---|---|---|
| Home Value | $436,259 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $3,114 | $3,425 | - |
| Cap Rate | 5.6% | 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 11374 (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 | $436,259 |
| Monthly Rent | $3,114 |
| Price-to-Rent | 11.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.6% |
| Cap Rate | 5.6% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | -2.2% ▼ |
| 5-Year CAGR | -7.4% ▼ |
| 10-Year CAGR | -1.2% ▼ |
🏠 Rent Trends
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +7.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.6%). 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 11374
Population: 46,128
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 11374
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
ELM COMMUNITY CHARTER SCHOOL
MIDDLE VILLAGE PREPARATORY 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
Are rents high in New York, NY?
Investors in New York, NY typically see rents near $3,114/mo per month against $436K home values - a solid setup for rental cash flow.
Does house hacking make sense in New York, NY?
House hacking in New York, NY is a challenging. With home values around $436K and rents at $3,114/mo, owner-occupants can offset a meaningful share of PITI.
What is the median home value in New York, NY?
Median home price in New York, NY is near $436K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
How do landlord-tenant laws work in New York, NY?
New York, NY operates under NY law, which is tenant-protective overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
What investment strategy works best in New York, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in New York, NY. The numbers - $436K homes against $3,114/mo rents - support that play.
You know 11374 now. You don’t know where it ranks.
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How 11374 ranks in New York-Newark-Jersey City, NY-NJ-PA
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