Real Estate Investing in New York, New York (11379)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11379 (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.
- Elevated vacancy: 8.5% 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 26.4 — hard to cash-flow at these prices.
What’s happening in New York, NY (11379)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11379 New York
Investors eyeing 11379 need to respect the fundamentals at play. Home values of $906K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $906K asset, 11379 is the wrong submarket. If the plan prices in friction, the yield can still work.
In practical terms, 11379 offers a low basis, the region around New York has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 11379 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 11379 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 11379
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $794,659 | $3,240 | 2.9% | +3.0% | $397,329 |
| 3BR | $928,526 | $4,060 | 3.1% | +3.1% | $309,509 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11379 Compare?
| Metric | 11379 | New York | New York |
|---|---|---|---|
| Home Value | $906,378 | $572,493 | $505,608 |
| 5-Year CAGR | 3.2% | 1.2% | 6.6% |
| Avg Rent | $2,866 | $3,425 | - |
| Cap Rate | 2.5% | 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 11379 (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 | $906,378 |
| Monthly Rent | $2,866 |
| Price-to-Rent | 26.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +3.2% ▲ |
| 10-Year CAGR | +3.5% ▲ |
🏠 Rent Trends
| 1-Year | +1.7% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +5.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). 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 11379
Population: 37,378
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 11379
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
BROOKLYN SCHOLARS CHARTER SCHOOL
CYPRESS HILLS ASCEND CHARTER SCHOOL
RENAISSANCE CHARTER SCHOOL 2 (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
Frequently Asked Questions
Is NY a landlord-friendly state?
Landlord-friendliness in New York, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Should investors consider New York, NY?
The 3.0/5 investability rating in New York, NY reflects its $906K prices and $2,866/mo rents. Investors generally consider it a solid option within NY.
What type of investing works in New York, NY?
A careful cash-flow rentals with hands-on management strategy New York, NY best. The market produces even-keeled results for that approach at the $906K price point.
Does a duplex house hack pencil in New York, NY?
The a challenging house-hack environment in New York, NY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the renter demographic in New York, NY?
Tenant quality in New York, NY ranks as solid. Landlords generally report reliable occupancy at market rents of $2,866/mo.
You know 11379 now. You don’t know where it ranks.
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How 11379 ranks in New York-Newark-Jersey City, NY-NJ-PA
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