Real Estate Investing in New York, New York (11426)
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Should you buy in 11426 (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 (11426)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11426 New York
The 11426 ZIP in New York, NY is a local-operator market. Outside capital chasing a $801K entry has to pair deep knowledge with the discount.
The 11426 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Meanwhile, 11426 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.
The 11426 ZIP's population of 19,638 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
The 11426 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 11426
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $541,473 | $3,330 | 4.4% | +4.3% | $270,736 |
| 3BR | $789,683 | $4,170 | 3.8% | +3.9% | $263,228 |
| 4BR | $858,202 | $4,530 | 3.8% | +3.6% | $214,551 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11426 Compare?
| Metric | 11426 | New York | New York |
|---|---|---|---|
| Home Value | $800,767 | $572,493 | $505,608 |
| 5-Year CAGR | 3.4% | 1.2% | 6.6% |
| Avg Rent | $2,986 | $3,425 | - |
| Cap Rate | 2.9% | 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 11426 (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 | $800,767 |
| Monthly Rent | $2,986 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 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 (2.9%). 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 11426
Population: 19,638
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 11426
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CLARA H CARLSON SCHOOL
COVERT AVENUE SCHOOL
DUTCH BROADWAY SCHOOL
GOTHAM AVENUE SCHOOL
GARDEN CITY PARK 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
Investor Insight: With 580 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in New York, NY?
In New York, NY the median home value sits at $801K. Against the broader NY market, that reads as reasonable for most investors.
How do landlord-tenant laws work in New York, NY?
NY law tenant-protective for landlords, and New York inherits those rules. Investors should still review local ordinances for rental licensing.
What type of investing works in New York, NY?
Investors usually favor careful cash-flow rentals with hands-on management in New York, NY. With home values at $801K and rents near $2,986/mo, other strategies can work but produce steady rather than outsized returns.
Does house hacking make sense in New York, NY?
House hacking in New York, NY is reasonable to execute. Prices around $801K and rents of $2,986/mo solid owner-occupant economics.
What kind of tenants rent in New York, NY?
New York, NY offers a steady renter base at the $2,986/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 11426 now. You don’t know where it ranks.
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How 11426 ranks in New York-Newark-Jersey City, NY-NJ-PA
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