Real Estate Investing in New York, New York (11416)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11416 (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 (11416)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11416 New York
ZIP 11416 inside Queens County looks affordable on the surface — median value of $764K — but the discount exists for reasons that a careful buyer should understand before committing.
From an investor standpoint, the numbers look inviting — $764K purchase price, 0.0% nominal cap — the work to hit that pro forma in 11416 is substantial and deserves full respect.
Nearby ZIPs in New York have seen price recovery that 11416 has not matched. Queens County data supports the view that the spread is structural rather than temporary.
Employment concentration in 11416 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 11416 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in New York:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11416 Compare?
| Metric | 11416 | New York | New York |
|---|---|---|---|
| Home Value | $763,717 | $572,493 | $505,608 |
| 5-Year CAGR | 2.5% | 1.2% | 6.6% |
| Avg Rent | $2,600 | $3,425 | - |
| Cap Rate | 2.7% | 3.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 11416 (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 | $763,717 |
| Monthly Rent | $2,600 |
| Price-to-Rent | 24.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 5.2% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (2.7%). 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 11416
Population: 26,660
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 11416
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
VALENCE COLLEGE PREPARATORY CHARTER SCHOOL
OUR WORLD NEIGHBORHOOD CHARTER SCHOOL 2
MIDDLE VILLAGE PREPARATORY CHARTER SCHOOL
BROOKLYN SCHOLARS CHARTER SCHOOL
COLLEGIATE ACADEMY-MATH-PERSONAL AWA
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
How landlord-friendly is New York, NY?
The landlord environment in New York, NY is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
How deep is the rental pool in New York, NY?
The tenant pool in New York, NY is solid, supported by local employment and population fundamentals. Rents of $2,600/mo are well-absorbed by the market.
How do experienced investors play New York, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in New York, NY. The numbers - $764K homes against $2,600/mo rents - support that play.
What does house hacking look like in New York, NY?
For house hackers, New York, NY is a challenging. The $2,600/mo rent on a unit helps defray the mortgage on a $764K property.
Is New York, NY a smart market for rental property?
The 3.0/5 investability rating in New York, NY reflects its $764K prices and $2,600/mo rents. Investors generally consider it a solid option within NY.
You know 11416 now. You don’t know where it ranks.
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How 11416 ranks in New York-Newark-Jersey City, NY-NJ-PA
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