Real Estate Investing in New York, New York (11413)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11413 (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.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New York, NY (11413)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11413 New York
Put differently, ZIP 11413 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $738K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $738K asset, 11413 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 11413 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 11413 ZIP's population of 45,072 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11413
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $666,730 | $3,120 | 3.4% | +3.2% | $333,365 |
| 3BR | $720,405 | $3,910 | 3.9% | +5.5% | $240,135 |
| 4BR | $779,227 | $4,240 | 3.9% | +7.2% | $194,807 |
| 5BR | $878,885 | — | — | +5.4% | $175,777 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11413 Compare?
| Metric | 11413 | New York | New York |
|---|---|---|---|
| Home Value | $737,753 | $572,493 | $505,608 |
| 5-Year CAGR | 3.6% | 1.2% | 6.6% |
| Avg Rent | $3,175 | $3,425 | - |
| Cap Rate | 3.4% | 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 11413 (New York, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 11413 (New York, NY)?
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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 | $737,753 |
| Monthly Rent | $3,175 |
| Price-to-Rent | 19.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (3.4%). 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 11413
Population: 45,072
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 11413
Schools in This ZIP Code
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 smart move for investors in New York, NY?
In New York, NY the notable play is typically careful cash-flow rentals with hands-on management. The combination of $738K prices and $3,175/mo rents suits that approach.
What is the average monthly rent in New York, NY?
Rent in New York, NY is around $3,175/mo. The resulting rent-to-value relationship with $738K pricing is reasonable for most investor models.
How qualified is the tenant pool in New York, NY?
The tenant pool in New York, NY is solid, supported by local employment and population fundamentals. Rents of $3,175/mo are well-absorbed by the market.
Can I house hack 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 $3,175/mo rent level.
How much should I expect to pay for a home in New York, NY?
Typical homes in New York, NY go for around $738K. The 5-year CAGR of 0.0% reliable price movement.
You know 11413 now. You don’t know where it ranks.
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How 11413 ranks in New York-Newark-Jersey City, NY-NJ-PA
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