| Unit Size | FY 2026 FMR |
|---|---|
| Studio (0 Bedroom) | $2,780 |
| 1 Bedroom | $2,920 |
| 2 Bedrooms | $3,200 |
| 3 Bedrooms | $4,010 |
| 4 Bedrooms | $4,350 |
Location: New York, NY
Metro Area: New York, NY HUD Metro FMR Area
Explore Section 8 payment standards in neighboring areas:
Cities Covered: This ZIP code covers Jamaica.
FMR Rates (FY 2026):
Studio: $2,780 | 1BR: $2,920 | 2BR: $3,200 | 3BR: $4,010 | 4BR: $4,350
Median Property Prices & 1% Rule Analysis:
Market Overview: The 11436 ZIP code is another densely populated area in Queens County, with 70% of residents renting and a mix of young professionals (55%), families (25%), and service workers (20%). Vacancy rates are low at 2-3%, driving up rents by 8-10% year-over-year. The neighborhood benefits from proximity to JFK Airport and its commercial hub, as well as the nearby subway lines. Long-term growth is expected due to planned infrastructure projects and rising demand for housing near major employment centers.
Investment Takeaway: Target purchase prices in the $500-700k range to achieve 8-10% gross yield on 2BR units with rents over $2,000/month. Focus on turnkey rentals or light rehabs that can command top-tier rents ($2,400+ for 3BR). Budget 10-12% of purchase price annually for maintenance, property taxes, and vacancy reserves to ensure positive cash flow.
Key Considerations: This is a primarily cash-flow market with moderate appreciation potential (4-6% annually). Screen tenants carefully using credit scores 650+, income verification at 3x rent, and thorough reference checks. Budget 10% of purchase price for annual maintenance, 5-7% for vacancy reserves, and expect property taxes of 2-2.5% of assessed value.