Real Estate Investing in New York, New York (11427)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11427 (New York, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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 (11427)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11427 New York
Investors eyeing 11427 need to respect the fundamentals at play. Home values of $793K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 11427 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 11427 and stronger New York ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 11427 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 11427 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 11427
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $310,657 | $2,650 | 6.1% | — | $155,329 |
| 3BR | $810,560 | $3,320 | 2.9% | +4.2% | $270,187 |
| 4BR | $901,439 | $3,610 | 2.9% | +3.8% | $225,360 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11427 Compare?
| Metric | 11427 | New York | New York |
|---|---|---|---|
| Home Value | $792,989 | $572,493 | $505,608 |
| 5-Year CAGR | 4.3% | 1.2% | 6.6% |
| Avg Rent | $2,900 | $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 11427 (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 | $792,989 |
| Monthly Rent | $2,900 |
| Price-to-Rent | 22.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 11427
Population: 25,124
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 11427
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
GROWING UP GREEN CHARTER SCHOOL II
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 975 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much is rent in New York, NY?
Rents in New York, NY run near $2,900/mo. Compared with median home prices of $793K that produces solid gross yields for typical rentals.
Where do home prices stand in New York, NY?
New York, NY median home values land near $793K. That is reasonable territory for investors looking at $2,900/mo-per-month rentals.
How high is vacancy risk in New York, NY?
New York, NY carries elevated vacancy risk. Expect predictable absorption at market rents of $2,900/mo.
Is the tenant base reliable in New York, NY?
The renter base in New York, NY is reasonable for the $2,900/mo price point. Screening well and pricing to market typically yields reliable tenants.
Is New York, NY a smart market for rental property?
The 3.0/5 investability rating in New York, NY reflects its $793K prices and $2,900/mo rents. Investors generally consider it a solid option within NY.
You know 11427 now. You don’t know where it ranks.
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How 11427 ranks in New York-Newark-Jersey City, NY-NJ-PA
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