Real Estate Investing in New York, New York (11422)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11422 (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 (11422)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11422 New York
ZIP 11422 inside Queens County looks affordable on the surface — median value of $747K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 11422 is notable only for operators who understand what they are buying. A $747K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in New York have seen price recovery that 11422 has not matched. Queens County data supports the view that the spread is structural rather than temporary.
The demographic picture in 11422 includes headwinds that any investor should price in. Income distribution skews lower than New York averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 11422 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11422
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $724,638 | $4,330 | 4.3% | +3.7% | $241,546 |
| 4BR | $763,236 | $4,710 | 4.4% | +5.9% | $190,809 |
| 5BR | $851,614 | — | — | +4.4% | $170,323 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11422 Compare?
| Metric | 11422 | New York | New York |
|---|---|---|---|
| Home Value | $747,119 | $572,493 | $505,608 |
| 5-Year CAGR | 3.5% | 1.2% | 6.6% |
| Avg Rent | $3,321 | $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 11422 (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 | $747,119 |
| Monthly Rent | $3,321 |
| Price-to-Rent | 18.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 11422
Population: 33,085
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 11422
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
ALDEN TERRACE SCHOOL
BROOKLYN AVENUE SCHOOL
FOREST ROAD SCHOOL
FRANKLIN EARLY CHILDHOOD CENTER
HEWLETT ELEMENTARY 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
How much is rent in New York, NY?
Rents in New York, NY run near $3,321/mo. Compared with median home prices of $747K that produces solid gross yields for typical rentals.
How high is vacancy risk in New York, NY?
Vacancy risk in New York, NY is elevated. That supports consistent cash flow for typical rental holds.
Is New York, NY a good market for buy-and-hold investors?
Our data puts New York, NY at 3.0/5 for investability. Home prices of $747K and rents around $3,321/mo create a solid backdrop for investor activity.
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 $3,321/mo are well-absorbed by the market.
What real estate strategy is ideal for New York, NY?
New York, NY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($747K prices, $3,321/mo rents) make it a reasonable choice.
You know 11422 now. You don’t know where it ranks.
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How 11422 ranks in New York-Newark-Jersey City, NY-NJ-PA
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