Housing market/New York/ZIP 11427

ACS 2023 · FY2027 SAFMR

ZIP 11427 Queens Village, New York

New York, NY HUD Metro FMR Area · New York. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
25,124
Households
8,121
Median HH income
$92,129
Renter share
35.0%
Median gross rent
$1,697
Vacancy
3.7%
Pop. change
+4.5%
2BR SAFMR
$2,690
SAFMR / rent
1.585×
2–49 unit stock
3,544
LIHTC proj / units
3 / 157
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 11427 · NY — sent to you.

ZIP 11427 · NY

ACS median rent$1,697
2BR SAFMR$2,690
90% floor$2,421
110% ceiling$2,959

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 11427

  • 1-unit detached3,47541.2%
  • 1-unit attached6898.2%
  • 2–4 units2,09724.9%
  • 5–49 units1,44717.2%
  • 50+ units7278.6%
TypeUnitsShare
1-unit detached3,47541.2%
1-unit attached6898.2%
2 units (duplex)1,49717.7%
3–4 units6007.1%
5–9 units931.1%
10–19 units3344.0%
20–49 units1,02012.1%
50+ units7278.6%
Mobile00.0%

2–4 unit share 24.9% · 5–49 unit share 17.2% · combined 2–49 42.0%.

Units by bedrooms

Studio
449
1BR
1,490
2BR
2,243
3BR
3,112
4BR
748
5+
393

Rent burden

Rent ≥30% of income48.6%
Rent ≥50% of income26.3%
  • ACS median gross rent $1,697 (all bedrooms, occupied rentals).
  • Median contract rent $1,562.
  • Renters paying ≥30% of income 48.6%; ≥50% 26.3%.
  • FY2027 2BR SAFMR $2,690 (1.585× ACS median gross rent).

Population

25,124 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 157 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,992 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 11427 35.0% of occupied households are renters; vacancy is 3.7%; ACS median gross rent is $1,697; population increased +4.5% between the 2018 and 2023 ACS vintages; the housing stock includes 2,097 units in 2–4-unit structures and 1,447 units in 5–49-unit structures; 3 LIHTC projects totaling 157 units; FY2027 2BR SAFMR is $2,690 versus ACS median gross rent of $1,697. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New York research

ZIP 11427 is a Census / HUD profile for New York, NY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New York research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 11427?

ZIP 11427 (New York, NY HUD Metro FMR Area) has 25,124 residents, 8,121 households, a renter share of 35.0%, median household income of $92,129, and ACS 2023 median gross rent of $1,697. Vacancy is 3.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 11427?

ACS counts 1,497 units in 2-unit buildings, 600 in 3–4 unit buildings, 93 in 5–9, 334 in 10–19, and 1,020 in 20–49. Combined 2–49 unit stock is 3,544 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 11427?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,690. See the full schedule and 90–110% payment-standard band on the ZIP 11427 — Queens Village, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 11427 is Census / HUD research for New York, NY HUD Metro FMR Area. Jeff Crowe CRE does not list New York property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.