Real Estate Investing in New York, New York (11432)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11432 (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.
- High price-to-rent: Price-to-rent ratio 27.8 — hard to cash-flow at these prices.
What’s happening in New York, NY (11432)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11432 New York
ZIP 11432 inside Queens County looks affordable on the surface — median value of $898K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 11432 is solid only for operators who understand what they are buying. A $898K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within NY, ZIP 11432 trails on several market indicators that neighboring Queens County submarkets outperform. The gap is real and healthy enough to shape underwriting.
Resident income in 11432 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11432
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $231,816 | $2,890 | 9.0% | +2.3% | $231,816 |
| 2BR | $471,785 | $3,170 | 4.8% | +4.6% | $235,893 |
| 3BR | $931,909 | $3,970 | 3.1% | +3.1% | $310,636 |
| 4BR | $1,214,701 | $4,310 | 2.6% | +4.0% | $303,675 |
| 5BR | $1,461,454 | — | — | +4.5% | $292,291 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11432 Compare?
| Metric | 11432 | New York | New York |
|---|---|---|---|
| Home Value | $898,273 | $572,493 | $505,608 |
| 5-Year CAGR | 2.1% | 1.2% | 6.6% |
| Avg Rent | $2,694 | $3,425 | - |
| Cap Rate | 2.3% | 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 11432 (New York, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 11432 (New York, NY)?
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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 | $898,273 |
| Monthly Rent | $2,694 |
| Price-to-Rent | 27.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 4.5% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +3.3% ▲ |
🏠 Rent Trends
| 1-Year | +21.8% ▲ |
| 3-Year CAGR | +9.6% ▲ |
| 5-Year CAGR | +7.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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 11432
Population: 63,730
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 11432
Schools in This ZIP Code
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 555 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is housing expensive in New York, NY?
Homes in New York, NY typically sell near $898K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
What is the tenant pool like in New York, NY?
New York, NY offers a reliable renter base at the $2,694/mo rent level. Tenant turnover is reasonable for well-managed properties.
How strong are rents in New York, NY?
New York, NY rentals go for roughly $2,694/mo a month. That puts gross yield in solid territory relative to $898K acquisition costs.
Is New York in NY worth investing in?
The 3.0/5 investability rating in New York, NY reflects its $898K prices and $2,694/mo rents. Investors generally consider it a solid option within NY.
Is NY a landlord-friendly state?
For rental operators, New York, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
You know 11432 now. You don’t know where it ranks.
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How 11432 ranks in New York-Newark-Jersey City, NY-NJ-PA
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