Real Estate Investing in New York, New York (11235)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11235 (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: -2.0% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New York, NY (11235)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11235 New York
The 11235 ZIP in New York, NY is a local-operator market. Outside capital chasing a $610K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $610K asset, 11235 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within NY, ZIP 11235 trails on several market indicators that neighboring Kings County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Resident income in 11235 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 11235 is an operator game, not a passive one. Looking more closely, entry prices of $610K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 11235
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $345,374 | $2,600 | 5.4% | +2.3% | $345,374 |
| 2BR | $600,553 | $2,850 | 3.4% | +5.0% | $300,276 |
| 3BR | $886,759 | $3,570 | 2.9% | +4.0% | $295,586 |
| 4BR | $1,161,393 | $3,880 | 2.4% | +2.5% | $290,348 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11235 Compare?
| Metric | 11235 | New York | New York |
|---|---|---|---|
| Home Value | $609,546 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $2,618 | $3,425 | - |
| Cap Rate | 3.4% | 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 11235 (New York, NY). Anonymous, moderated, never written by AI.
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Property managers serving Kings County
Manage rentals here? List your business →CASE provides debt restructuring advisory and investment services. summary from their website
Good Peoples Property Management provides property management services. summary from their website
Leiter Management offers comprehensive property management solutions. 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 | $609,546 |
| Monthly Rent | $2,618 |
| Price-to-Rent | 19.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 1.4% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | -2.0% ▼ |
| 10-Year CAGR | +1.7% ▲ |
🏠 Rent Trends
| 1-Year | +0.5% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +5.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 11235
Population: 81,958
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 11235
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 1,239 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is New York, NY for investors?
The 2.0/5 investability rating in New York, NY reflects its $610K prices and $2,618/mo rents. Investors generally consider it a solid option within NY.
Are rents high in New York, NY?
The typical rental in New York, NY commands about $2,618/mo monthly. That rent profile measured cash flow against the $610K purchase basis.
What is it like being a landlord in New York, NY?
Rental owners in New York, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Can I live-in-and-rent in New York, NY?
House hacking works a challenging in New York, NY. Rents of $2,618/mo against $610K acquisition make the strategy solid for owner-occupants.
What are vacancy rates like in New York, NY?
Rental vacancy in New York, NY is elevated. Investors should budget normal turnover but not chronic empty units.
You know 11235 now. You don’t know where it ranks.
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How 11235 ranks in New York-Newark-Jersey City, NY-NJ-PA
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