Real Estate Investing in New York, New York (11694)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11694 (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.
- Elevated vacancy: 11.6% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 29.7 — hard to cash-flow at these prices.
What’s happening in New York, NY (11694)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11694 New York
Investors eyeing 11694 need to respect the fundamentals at play. Home values of $896K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 11694 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in New York have seen price recovery that 11694 has not matched. Queens County data supports the view that the spread is structural rather than temporary.
Who lives in 11694 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 11694 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 11694
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $325,897 | $2,470 | 5.5% | +3.9% | $325,897 |
| 2BR | $594,161 | $2,710 | 3.3% | +3.6% | $297,080 |
| 3BR | $907,963 | $3,390 | 2.7% | +4.6% | $302,654 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11694 Compare?
| Metric | 11694 | New York | New York |
|---|---|---|---|
| Home Value | $896,139 | $572,493 | $505,608 |
| 5-Year CAGR | 4.1% | 1.2% | 6.6% |
| Avg Rent | $2,518 | $3,425 | - |
| Cap Rate | 2.2% | 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 11694 (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 | $896,139 |
| Monthly Rent | $2,518 |
| Price-to-Rent | 29.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +9.6% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 Rent Trends
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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 11694
Population: 21,430
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 11694
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
PS 183 DR RICHARD R GREEN
PS 47 CHRIS GALAS
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 1,239 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 $2,518/mo. Compared with median home prices of $896K that produces solid gross yields for typical rentals.
Do landlords face vacancy issues in New York, NY?
Expect elevated vacancy in New York, NY. Rents at $2,518/mo are absorbed by the tenant base without meaningful lag.
Is New York, NY a good market for buy-and-hold investors?
Our data puts New York, NY at 3.0/5 for investability. Home prices of $896K and rents around $2,518/mo create a solid backdrop for investor activity.
Is New York, NY landlord-friendly?
NY law tenant-protective for landlords, and New York inherits those rules. Investors should still review local ordinances for rental licensing.
What are home prices like in New York, NY?
Median home price in New York, NY is near $896K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
You know 11694 now. You don’t know where it ranks.
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How 11694 ranks in New York-Newark-Jersey City, NY-NJ-PA
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