Real Estate Investing in New York, New York (11692)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11692 (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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New York, NY (11692)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11692 New York
ZIP 11692 inside Queens County looks affordable on the surface — median value of $624K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $624K asset, 11692 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within NY, ZIP 11692 trails on several market indicators that neighboring Queens County submarkets outperform. The gap is real and solid enough to shape underwriting.
Employment concentration in 11692 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
appears to 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 11692
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $510,463 | $2,510 | 3.5% | +3.2% | $255,232 |
| 3BR | $625,424 | $3,120 | 3.6% | +4.2% | $208,475 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11692 Compare?
| Metric | 11692 | New York | New York |
|---|---|---|---|
| Home Value | $623,783 | $572,493 | $505,608 |
| 5-Year CAGR | 4.2% | 1.2% | 6.6% |
| Avg Rent | $3,344 | $3,425 | - |
| Cap Rate | 4.2% | 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 11692 (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 | $623,783 |
| Monthly Rent | $3,344 |
| Price-to-Rent | 15.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.2% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (4.2%). 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 11692
Population: 23,247
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 11692
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
LAWRENCE PRIMARY SCHOOL AT #2 SCHOOL
CHALLENGE PREPARATORY CHARTER SCHOOL
PS 105 BAY SCHOOL (THE)
PS 183 DR RICHARD R GREEN
FREDERICK DOUGLASS ACADEMY VI HIGH 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 1,399 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical vacancy rate in New York, NY?
New York, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How much rent can I charge in New York, NY?
Rents in New York, NY run near $3,344/mo. Compared with median home prices of $624K 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 $624K. That is reasonable territory for investors looking at $3,344/mo-per-month rentals.
How should investors approach New York, NY?
Most investors in New York, NY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How strong is New York, NY for real estate investors?
New York, NY scores 3.0/5 for investability. Home values sit at $624K and rents near $3,344/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 11692 now. You don’t know where it ranks.
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How 11692 ranks in New York-Newark-Jersey City, NY-NJ-PA
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