Real Estate Investing in New York, New York (11435)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11435 (New York, NY)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -1.0% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 7.7% unemployment — tenant risk signal.
What’s happening in New York, NY (11435)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11435 New York
ZIP 11435 in New York, NY carries a healthy set of headwinds. Home values near $590K and rents of $2,343/mo sit inside a market where underwriting has to be tight.
The 11435 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in New York have seen price recovery that 11435 has not matched. Queens County data supports the view that the spread is structural rather than temporary.
Resident income in 11435 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 11435 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11435
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $248,261 | $2,680 | 7.8% | -0.6% | $248,261 |
| 2BR | $351,690 | $2,940 | 6.0% | +2.6% | $175,845 |
| 3BR | $744,742 | $3,680 | 3.6% | +4.1% | $248,247 |
| 4BR | $830,147 | $4,000 | 3.5% | +3.2% | $207,537 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11435 Compare?
| Metric | 11435 | New York | New York |
|---|---|---|---|
| Home Value | $589,719 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $2,343 | $3,425 | - |
| Cap Rate | 3.1% | 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 11435 (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 | $589,719 |
| Monthly Rent | $2,343 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 2.1% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | -1.0% ▼ |
| 10-Year CAGR | +1.2% ▲ |
🏠 Rent Trends
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +4.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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 11435
Population: 58,424
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 11435
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
GROWING UP GREEN CHARTER SCHOOL II
NEW VISIONS CHTR HS-ADV MA/SCI IV
ROCHDALE EARLY ADVANTAGE CHARTER SCHOOL
ACHIEVEMENT FIRST LEGACY CHARTER SCHOOL
CAMBRIA HEIGHTS ACADEMY
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
What kind of vacancy should I budget for in New York, NY?
New York, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What do landlords charge for rent in New York, NY?
Expect rents around $2,343/mo per month in New York, NY. With home values at $590K, the yield math works out to reasonable levels for rental investors.
What is the typical renter like in New York, NY?
New York, NY offers a predictable renter base at the $2,343/mo rent level. Tenant turnover is reasonable for well-managed properties.
How much should I expect to pay for a home in New York, NY?
Typical homes in New York, NY go for around $590K. The 5-year CAGR of 0.0% even-keeled price movement.
How does New York, NY stack up for property investment?
New York, NY clocks in at an investability rating of 2.0/5, with median home values near $590K and average rents around $2,343/mo. That combination puts it in the sturdy tier for investor interest.
You know 11435 now. You don’t know where it ranks.
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How 11435 ranks in New York-Newark-Jersey City, NY-NJ-PA
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