Real Estate Investing in New York, New York (11420)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11420 (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 (11420)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11420 New York
Stepping back, ZIP 11420 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $762K median. It rewards specialists, not generalists.
The 11420 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 11420's metrics run below Queens County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
On balance, 50,060 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. durable returns are possible in 11420, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11420
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $653,849 | $3,150 | 3.5% | +4.1% | $326,925 |
| 3BR | $745,192 | $3,940 | 3.8% | +5.4% | $248,397 |
| 4BR | $804,342 | $4,290 | 3.8% | +5.6% | $201,085 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11420 Compare?
| Metric | 11420 | New York | New York |
|---|---|---|---|
| Home Value | $762,365 | $572,493 | $505,608 |
| 5-Year CAGR | 3.6% | 1.2% | 6.6% |
| Avg Rent | $3,400 | $3,425 | - |
| Cap Rate | 3.5% | 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 11420 (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 | $762,365 |
| Monthly Rent | $3,400 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 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 (3.5%). 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 11420
Population: 50,060
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 11420
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
NEW VISIONS CHTR HS-ADV MA/SCI IV
OUR WORLD NEIGHBORHOOD CHARTER SCHOOL 2
ROCHDALE EARLY ADVANTAGE CHARTER SCHOOL
BROOKLYN SCHOLARS CHARTER SCHOOL
CYPRESS HILLS ASCEND 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
Is New York, NY a smart market for rental property?
Our data puts New York, NY at 3.0/5 for investability. Home prices of $762K and rents around $3,400/mo create a solid backdrop for investor activity.
How strong are rents in New York, NY?
New York, NY rentals go for roughly $3,400/mo a month. That puts gross yield in solid territory relative to $762K acquisition costs.
Which real estate strategy fits New York, NY?
Most investors in New York, NY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What is the typical vacancy rate in New York, NY?
Vacancy risk in New York, NY is elevated. That supports steady cash flow for typical rental holds.
How strict are landlord regulations in New York, NY?
NY ranks as a tenant-protective state for landlord-tenant law. New York generally follows the statewide framework, so landlords face reasonable operating rules.
You know 11420 now. You don’t know where it ranks.
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How 11420 ranks in New York-Newark-Jersey City, NY-NJ-PA
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