Queens County, New York · Wholesaling

Wholesaling Real Estate in Queens County, New York

Wholesaling in Queens County is a fast, low-capital way to earn from real estate. Instead of buying and fixing a house yourself, you secure the right to buy it at a discount and assign that contract to an investor who pays you a fee.

Assign contractsCash buyersProbate leadsPre-foreclosureAbsentee owners

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Queens County, New York areas and ZIP codes map for real estate investors
$650,000
Median listing price (up 0.1%)
7,558
Active listings in Queens County
73 days
Average time on market
$3,400
Median rent (up 3%)

Market data: Realtor.com Queens County housing market, October 2026. Zillow Home Value Index for Queens County: $744,565 (up 4.7% from a year earlier), August 2026. View homes on Zillow.

Carolynn Castillo, ForeclosuresDaily.com customer

Customer review 1 of 8Featured success story

Listed and sold 25 properties and personally bought and sold four fix-and-flip properties, all generated from probate leads.

Carolynn Castillo
Realtor & Broker · eXp Realty

Local market snapshot

Why wholesale real estate in Queens County?

Wholesaling needs little capital because you control a property with a contract and an earnest money deposit, not a mortgage. In addition, your buyer handles the repairs, so you never manage contractors, and many assignments close in weeks rather than months.

Queens County is home to about 2.4 million residents as of the 2020 census. Its ZIP codes span communities such as Glen Oaks, Astoria, Flushing, and Fresh Meadows, and motivated-seller situations such as inherited homes, tired rentals, and pre-foreclosures show up across all of them.

With a population of this size, Queens County produces a steady flow of probate filings, divorces, and foreclosure notices every year. Investors who track these records and reach owners early tend to find the best off-market deals.

Queens County wholesale real estate investors finding off-market deals
Shannon Thompson, ForeclosuresDaily.com customer

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Shannon Thompson
Investor · Joe Homebuyer of Atlanta

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Step-by-step

How does wholesaling real estate work in Queens County?

Every wholesale deal follows the same path, from the first lead to the assignment fee:

Find a distressed property

Initially, use targeted lead generation to find owners with a reason to sell, such as heirs, tired landlords, or owners facing foreclosure.

Run the numbers

Next, estimate the after-repair value (ARV) from nearby sales, because your offer depends on it.

Sign a purchase contract

Then agree on a price that leaves room for your buyer’s profit as well as your assignment fee.

Find a cash buyer

After that, match the deal with a flipper, landlord, or other cash buyer from your list.

Assign the contract

In addition, transfer your rights under the contract to the buyer in exchange for your fee.

Collect your fee

Finally, the title company or closing attorney usually pays your assignment fee at closing.

Andrew Litchfield, ForeclosuresDaily.com customer

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Andrew Litchfield
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Anthony Coletti
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Find a deal

How do you calculate a wholesale offer in Queens County?

Every offer starts with the ARV, which is what the home will be worth once it is fixed. For example, the 70% Rule says your buyer should pay no more than 70% of ARV minus repairs. Because your assignment fee comes out of that number, your contract price must be even lower.

For instance, here is the math using the Queens County median listing price as the ARV, an 8% repair budget, and a typical assignment fee.

Wholesale offer example

ARV$650,000
70% of ARV − repairs ($52,000)$403,000
Your assignment fee− $20,000
Your contract price$383,000
Jeremy Resmer, ForeclosuresDaily.com customer

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Jeremy Resmer
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Jeremy Resmer hosted a ForeclosuresDaily.com monthly webinar for real estate investors.

Zip codes

Queens County ZIP codes to watch

Start your search in these Queens County ZIP codes, and then expand as you learn which areas your buyers want. Next, choose a ZIP code from the menu to open its investing data.

Glen OaksZIP 11004$429,900Negotiate

Glen Oaks (11004) market snapshot

$429,900 ▼ 42.3%Median listing price
$586Price per sq ft
53 days ▲ 2.2%Days on market
$2,625 ▼ 6.1%Median rent
55 ▲ 33.3%Active listings
7.3%Gross rent yield

In addition, the Zillow Home Value Index is $611,002 (up 2.1% from a year earlier) as of August 2026.

Glen Oaks is the easternmost neighborhood of the New York City borough of Queens. The neighborhood is part of Queens Community Board 13 and borders Nassau County to the east.

Investor note: City neighborhood: city code-violation and lien records apply, and values can change block by block, so pull tight comps. Pull probate, pre-foreclosure, and absentee-owner leads for 11004 to find motivated sellers here.

Max offer when the ARV equals the median price$429,900 × 70% − $34,000 repairs = $266,930 max offer

Also see the full 11004 market report on Realtor.com →Then view 11004 homes on Zillow →

AstoriaZIP 11105$580,000Negotiate

Astoria (11105) market snapshot

$580,000 ▼ 12.6%Median listing price
$781Price per sq ft
99 days ▼ 12.2%Days on market
$3,600 ▼ 0.4%Median rent
77 ▼ 12.5%Active listings
7.4%Gross rent yield

In addition, the Zillow Home Value Index is $1,145,735 (up 5.9% from a year earlier) as of August 2026.

Astoria is a neighborhood in the western portion of the New York City borough of Queens. Astoria is bounded by the East River to the west and north and is adjacent to four other Queens neighborhoods: Long Island City to the southwest, Sunnyside to the southeast, and Woodside and East Elmhurst to the east. The Astoria area was originally inhabited by Native Americans known to Europeans as the Mespat or Maspeth tribe. Population: 198,608.

Investor note: Water nearby: view and water-access homes often sell at a premium, so compare ARV carefully and check flood zones. Large market: high deal volume and plenty of comps for pricing.

Max offer when the ARV equals the median price$580,000 × 70% − $46,000 repairs = $360,000 max offer

Also see the full 11105 market report on Realtor.com →Then view 11105 homes on Zillow →

FlushingZIP 11358$1,180,000Flip

Flushing (11358) market snapshot

$1,180,000 ▲ 18.9%Median listing price
$764Price per sq ft
64 days ▲ 3.2%Days on market
$3,000 ▼ 3.2%Median rent
143 ▲ 24%Active listings
3.1%Gross rent yield

In addition, the Zillow Home Value Index is $1,074,298 (up 4.1% from a year earlier) as of August 2026.

Flushing is a neighborhood in the north-central part of the New York City borough of Queens. The neighborhood is the fourth-largest central business district in New York City. Downtown Flushing is a major commercial and retail area, with the intersection of Main Street and Roosevelt Avenue at its core being the third-busiest in New York City, behind Times Square and Herald Square. ZIP 11358 covers the northeastern part of Flushing, about 3 miles from the center of the city.

Max offer when the ARV equals the median price$1,180,000 × 70% − $94,000 repairs = $732,000 max offer

Also see the full 11358 market report on Realtor.com →Then view 11358 homes on Zillow →

Fresh MeadowsZIP 11365$985,000Flip

Fresh Meadows (11365) market snapshot

$985,000 ▲ 8.3%Median listing price
$780Price per sq ft
60 days ▼ 6.9%Days on market
$3,375 ▲ 8%Median rent
94 ▲ 9%Active listings
4.1%Gross rent yield

In addition, the Zillow Home Value Index is $1,021,789 (up 5.3% from a year earlier) as of August 2026.

Fresh Meadows is a neighborhood in the northeastern section of the New York City borough of Queens. It is patrolled by the New York City Police Department's 107th Precinct.

Investor note: Nearby college: steady rental demand for buy-and-hold buyers.

Max offer when the ARV equals the median price$985,000 × 70% − $79,000 repairs = $610,500 max offer

Also see the full 11365 market report on Realtor.com →Then view 11365 homes on Zillow →

FlushingZIP 11371Wholesale

Flushing (11371) market snapshot

ZIP 11371 covers the northwestern part of Flushing, about 3 miles from the center of the city.

Investor note: Values vary across Flushing, so compare comps within this ZIP rather than citywide.

MaspethZIP 11378$899,000Negotiate

Maspeth (11378) market snapshot

$899,000 ▼ 0.7%Median listing price
$624Price per sq ft
63 days ▲ 13.2%Days on market
$3,200 ▲ 7.6%Median rent
91 ▼ 12.1%Active listings
4.3%Gross rent yield

In addition, the Zillow Home Value Index is $872,424 (up 2.9% from a year earlier) as of August 2026.

Maspeth is a residential and commercial community in the borough of Queens in New York City. It was founded in the early 17th century by Dutch and English settlers. It is patrolled by the New York City Police Department's 104th Precinct.

Investor note: Has its own local government, so check its code-violation, vacant-property, and rental-registration lists.

Max offer when the ARV equals the median price$899,000 × 70% − $72,000 repairs = $557,300 max offer

Also see the full 11378 market report on Realtor.com →Then view 11378 homes on Zillow →

Kew GardensZIP 11414$419,000Buy & hold

Kew Gardens (11414) market snapshot

$419,000 ▼ 1.4%Median listing price
$440Price per sq ft
75 days ▼ 8.6%Days on market
$2,725 ▼ 5.2%Median rent
153 ▼ 15.8%Active listings
7.8%Gross rent yield

In addition, the Zillow Home Value Index is $629,292 (up 5.9% from a year earlier) as of August 2026.

Kew Gardens is a neighborhood in the central area of the New York City borough of Queens. Kew Gardens is bounded to the north by the Union Turnpike and the Jackie Robinson Parkway, to the east by the Van Wyck Expressway and 131st Street, to the south by Hillside Avenue, and to the west by Park Lane, Abingdon Road, and 118th Street.

Max offer when the ARV equals the median price$419,000 × 70% − $34,000 repairs = $259,300 max offer

Also see the full 11414 market report on Realtor.com →Then view 11414 homes on Zillow →

South Ozone ParkZIP 11420$779,000Wholesale

South Ozone Park (11420) market snapshot

$779,000 ▲ 4%Median listing price
$632Price per sq ft
67 days ▼ 6.9%Days on market
$3,200 ▼ 3%Median rent
125 ▼ 0.8%Active listings
4.9%Gross rent yield

In addition, the Zillow Home Value Index is $758,268 (up 3.5% from a year earlier) as of August 2026.

South Ozone Park is a neighborhood in the southwestern section of the New York City borough of Queens. It is just north of John F. Kennedy International Airport, between Aqueduct Racetrack to the west and the Van Wyck Expressway to the east.

Max offer when the ARV equals the median price$779,000 × 70% − $62,000 repairs = $483,300 max offer

Also see the full 11420 market report on Realtor.com →Then view 11420 homes on Zillow →

Queens VillageZIP 11428$799,000Negotiate

Queens Village (11428) market snapshot

$799,000 ▲ 4.4%Median listing price
$528Price per sq ft
63 days ▲ 103.2%Days on market
$2,575Median rent
46 ▲ 35.5%Active listings
3.9%Gross rent yield

In addition, the Zillow Home Value Index is $782,255 (up 5% from a year earlier) as of August 2026.

Queens Village is a mostly residential middle class neighborhood in the eastern part of the New York City borough of Queens. It is bound by Hollis to the west, Cambria Heights to the south, Bellerose, Queens and Elmont, Nassau County to the east, and Oakland Gardens to the north. Shopping in the community is located along Braddock Avenue, Hillside Avenue, Hempstead Avenue, Jamaica Avenue, Francis Lewis Boulevard, and Springfield Boulevard.

Investor note: Industrial history: older housing stock often needs updates, which suits fix-and-flip buyers.

Max offer when the ARV equals the median price$799,000 × 70% − $64,000 repairs = $495,300 max offer

Also see the full 11428 market report on Realtor.com →Then view 11428 homes on Zillow →

JamaicaZIP 11435$365,000Buy & hold

Jamaica (11435) market snapshot

$365,000 ▲ 18%Median listing price
$382Price per sq ft
78 days ▲ 28.1%Days on market
$2,700 ▲ 0.9%Median rent
147 ▼ 5.6%Active listings
8.9%Gross rent yield

In addition, the Zillow Home Value Index is $587,697 (up 6.2% from a year earlier) as of August 2026.

Jamaica is a neighborhood in the New York City borough of Queens. Jamaica is bordered by Hollis, Queens Village, St. Albans, and Cambria Heights to the east; South Jamaica, Rochdale Village, John F. Jamaica may get its name from Yameco, a corruption of a word for "beaver" in the Lenape language spoken by the Native Americans who lived in the area at the time of first European contact.

Investor note: Historic properties: check historic-district rules before planning exterior renovations.

Max offer when the ARV equals the median price$365,000 × 70% − $29,000 repairs = $226,500 max offer

Also see the full 11435 market report on Realtor.com →Then view 11435 homes on Zillow →

Choose a ZIP code from the menu to see its investing data, then compare markets. Market data: Realtor.com, October 2026, and Zillow Home Value Index, August 2026. Also, gross rent yield is 12 months of median rent divided by the median listing price; the max offer assumes repairs of 8% of the median price.

Antonio Stringfield, ForeclosuresDaily.com customer

Customer review 6 of 8

Antonio Stringfield
Probate investor · Los Angeles

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Cash buyers

How do you build your buyers list in Queens County?

Build your buyers list before you sign your first contract. Your best buyers are cash buyers who can close quickly, such as flippers, landlords, and small builders.

  • First of all, attend local real estate investor meetups.
  • Also, review recent cash sales in county records to find active buyers.
  • Then connect with title companies, hard money lenders, and property managers.
  • Finally, ask every buyer for their buy box: areas, price range, and rehab level.
Contracts

What does assigning contracts mean in New York?

Assigning contracts means transferring your rights as the buyer under a purchase agreement to another investor. Your contract should allow assignment, and your buyer typically pays your assignment fee at closing.

Wholesaling is legal in most states, but the rules differ. Some states require disclosures or a real estate license for certain activities, so review your contracts with a New York real estate attorney before you start.

Nancy Wallace-Laab, ForeclosuresDaily.com customer

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Nancy Wallace-Laab
Investor · nearly 20 years

Nancy focuses on the best outcome for both the seller and the investor, drawing on nearly 20 years of real estate investing experience.

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Phillip Warrick
Full-time investor since 2003

Full-time real estate investor since 2003, with over 20 years of experience.

More guides

More wholesaling guides in New York

Compare nearby markets before you choose where to farm. For example, these local guides cover other New York cities and counties:

Albany County · Bronx County · Dutchess County · Erie County · Kings County · Monroe County · Nassau County · New York County · Onondaga County · Orange County

Also, see Wholesaling Real Estate for Profit for the profit math and guides in every state.

FAQ

Wholesaling questions for Queens County

How do you wholesale real estate in Queens County?

First of all, find a motivated seller through probate, pre-foreclosure, or absentee-owner leads. Then sign a contract at a discount, and finally assign it to a cash buyer for a fee.

Is wholesaling legal in New York?

Wholesaling is legal in most states, but the rules vary. For example, some states require disclosures or a license for certain activities, so have a New York real estate attorney review your contracts.

How much can you make wholesaling in Queens County?

Assignment fees vary by deal. For instance, a fee of about 3% on a home priced near the Queens County median of $650,000 would be roughly $20,000.

Which Queens County ZIP codes have the lowest entry prices?

Among the ZIP codes in this guide, the lowest median listing prices are in 11435 (Jamaica) at $365,000, 11414 (Kew Gardens) at $419,000, and 11004 (Glen Oaks) at $429,900, based on Realtor.com data from October 2026.

Where do Queens County foreclosures come from?

Most start with missed mortgage payments, so pre-foreclosure filings appear months before an auction. As a result, investors who reach owners early can buy before the home is listed.

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