Wholesaling Real Estate in Queens County, New York
Also, a Queens wholesaler puts a house under contract below market value. Then, sells the right to buy it to an investor for a fee. In addition, you skip the mortgage, the renovation, and the resale, and your exposure is mostly the deposit you put down with the contract.
In general, every Queens foreclosure goes through State Supreme Court. As a result, a contract you sign with an owner months before the referee's auction leaves time for your end buyer to close.
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Queens County, New York housing market at a glance
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.
What draws wholesalers to Queens County?
Overall, you need a signed purchase contract and an earnest money check to control a Queens house, not a loan approval. Generally, repairs belong to the investor who buys your contract. As a result, you never chase contractors, and a smooth assignment often closes within a few weeks.
A borough that large feeds a constant flow of estates into the Queens County Surrogate's Court, plus divorce cases and foreclosure filings in State Supreme Court. Wholesalers who check those dockets every week and reach owners first land most of the off-market Queens deals.
Inside a Queens County wholesale deal
A Queens assignment usually unfolds in these six moves, from lead to paycheck:
- Find a distressed property
So, target Queens owners who have a real reason to sell, such as heirs, landlords tired of tenants, and families with a foreclosure case on file. - Run the numbers
So, pull sold comps from the same Queens neighborhood to set the after-repair value (ARV) that drives your offer. - Sign a purchase contract
In general, settle on a purchase price with enough spread to cover both your fee and the investor's profit. - Find a cash buyer
So, send the signed contract to the Queens flippers, landlords, and cash buyers you have already vetted. - Assign the contract
Overall, hand your purchase rights to the chosen investor through an assignment agreement that spells out your fee. - Collect your fee
So, expect payment out of the closing proceeds once the investor completes the purchase of the Queens property.
Motivated sellers who want to liquidate fast
Generally, ForeclosuresDaily.com’s off-market real estate platform covers every major distress signal in Queens County, cross-referenced with tax rolls and property appraiser records.
Pricing a Queens wholesale offer
Also, a Queens offer is built backward from the ARV, the value the house should reach after renovation.
In addition, most cash buyers apply the 70% Rule: no more than 70% of ARV, less the cost of repairs. In addition, your fee comes out of that ceiling. As a result, the price you sign with the owner has to land below it.
Wholesale offer example
| Step | Amount |
|---|---|
| ARV | $650,000 |
| 70% of ARV − repairs ($52,000) | $403,000 |
| Your assignment fee | − $20,000 |
| Your contract price |
Queens neighborhoods and ZIP codes for wholesalers
In general, begin with the Queens ZIP codes below. Then, branch out once your buyers tell you where they want to buy. Then, open any card for local prices and offer math.
ZIP 11004 · Glen Oaks · $429,900 · Negotiate
Market snapshot: Glen Oaks (11004)
| Metric | Value |
|---|---|
| Median listing price | $429,900 ▼ 42.3% |
| Price per sq ft | $586 |
| Days on market | 53 days ▲ 2.2% |
| Median rent | $2,625 ▼ 6.1% |
| Active listings | 55 ▲ 33.3% |
| Gross rent yield | 7.3% |
Glen Oaks (11004) shows a Zillow Home Value Index of $611,002 for August 2026, up 2.1% in a year.
Glen Oaks is the easternmost neighborhood of the New York City borough of Queens. Overall, the neighborhood is part of Queens Community Board 13 and borders Nassau County to the east.
Investor note: Glen Oaks has the slowest Zillow growth on this page at 2.1%. Also, its $429,900 median listing runs about $181,000 below the $611,002 index. That gap points to a lot of smaller units among the listings. As a result, compare like with like before you quote an ARV in 11004.
Max offer when the ARV equals the median price: $429,900 × 70% − $34,000 repairs = $266,930 max offer
ZIP 11105 · Astoria · $580,000 · Negotiate
Market snapshot: Astoria (11105)
| Metric | Value |
|---|---|
| Median listing price | $580,000 ▼ 12.6% |
| Price per sq ft | $781 |
| Days on market | 99 days ▼ 12.2% |
| Median rent | $3,600 ▼ 0.4% |
| Active listings | 77 ▼ 12.5% |
| Gross rent yield | 7.4% |
Astoria (11105) carries a Zillow Home Value Index of $1,145,735 as of August 2026, a 5.9% annual gain.
Astoria is a neighborhood in the western portion of the New York City borough of Queens. Generally, 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.
Also, the Astoria area was originally inhabited by Native Americans known to Europeans as the Mespat or Maspeth tribe. Population: 198,608.
Investor note: Astoria's $580,000 median listing is barely half its $1,145,735 Zillow value. As a result, sort apartment listings from houses before setting an ARV in 11105. Homes near the East River can sit in flood zones, and a ZIP this size gives you plenty of comps.
Max offer when the ARV equals the median price: $580,000 × 70% − $46,000 repairs = $360,000 max offer
ZIP 11358 · Flushing · $1,180,000 · Flip
Market snapshot: Flushing (11358)
| Metric | Value |
|---|---|
| Median listing price | $1,180,000 ▲ 18.9% |
| Price per sq ft | $764 |
| Days on market | 64 days ▲ 3.2% |
| Median rent | $3,000 ▼ 3.2% |
| Active listings | 143 ▲ 24% |
| Gross rent yield | 3.1% |
In Flushing's 11358, the Zillow Home Value Index came to $1,074,298 in August 2026, up 4.1% from the year before.
Flushing is a neighborhood in the north-central part of the New York City borough of Queens. In addition, the neighborhood is the fourth-largest central business district in New York City.
In general, 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. Overall, 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
ZIP 11365 · Fresh Meadows · $985,000 · Flip
Market snapshot: Fresh Meadows (11365)
| Metric | Value |
|---|---|
| Median listing price | $985,000 ▲ 8.3% |
| Price per sq ft | $780 |
| Days on market | 60 days ▼ 6.9% |
| Median rent | $3,375 ▲ 8% |
| Active listings | 94 ▲ 9% |
| Gross rent yield | 4.1% |
Fresh Meadows (11365) posted a Zillow Home Value Index of $1,021,789 in August 2026, rising 5.3% over twelve months.
Fresh Meadows is a neighborhood in the northeastern section of the New York City borough of Queens. Also, it is patrolled by the New York City Police Department's 107th Precinct.
Investor note: The $985,000 median listing and the $1,021,789 Zillow value in Fresh Meadows are only about $37,000 apart. As a result, pricing is tight in 11365. With a $610,500 max offer and $79,000 budgeted for repairs, an inspection surprise can erase the spread, so walk every house.
Max offer when the ARV equals the median price: $985,000 × 70% − $79,000 repairs = $610,500 max offer
ZIP 11371 · LaGuardia Airport · Wholesale
Market snapshot: LaGuardia Airport (11371)
Generally, ZIP 11371 covers LaGuardia Airport in northern Queens and has no residential mailboxes, so home listings here are rare.
Investor note: This page has no median listing or Zillow figure for 11371. As a result, build any offer here from your own recent sold comps rather than borough averages.
ZIP 11378 · Maspeth · $899,000 · Negotiate
Market snapshot: Maspeth (11378)
| Metric | Value |
|---|---|
| Median listing price | $899,000 ▼ 0.7% |
| Price per sq ft | $624 |
| Days on market | 63 days ▲ 13.2% |
| Median rent | $3,200 ▲ 7.6% |
| Active listings | 91 ▼ 12.1% |
| Gross rent yield | 4.3% |
Maspeth (11378) recorded a Zillow Home Value Index of $872,424 in August 2026, an increase of 2.9%.
Also, Maspeth is a residential and commercial community in the borough of Queens in New York City. Similarly, it was founded in the early 17th century by Dutch and English settlers. Also, it is patrolled by the New York City Police Department's 104th Precinct.
Investor note: Maspeth listings ask about $26,600 more than the $872,424 Zillow value while yearly growth sits at 2.9%. As a result, many sellers in 11378 are ahead of the market. Owners willing to price at or under the index are the ones worth your time.
Max offer when the ARV equals the median price: $899,000 × 70% − $72,000 repairs = $557,300 max offer
ZIP 11414 · Howard Beach · $419,000 · Buy & hold
Market snapshot: Howard Beach (11414)
| Metric | Value |
|---|---|
| Median listing price | $419,000 ▼ 1.4% |
| Price per sq ft | $440 |
| Days on market | 75 days ▼ 8.6% |
| Median rent | $2,725 ▼ 5.2% |
| Active listings | 153 ▼ 15.8% |
| Gross rent yield | 7.8% |
ZIP 11414 has a Zillow Home Value Index of $629,292 for August 2026, up 5.9% year over year.
In addition, Howard Beach is a mostly residential neighborhood in southwestern Queens where single-family homes dominate.
In general, Howard Beach is bounded by the Belt Parkway and Conduit Avenue to the north, Jamaica Bay to the south, and 75th Street at the Brooklyn line to the west.
Max offer when the ARV equals the median price: $419,000 × 70% − $34,000 repairs = $259,300 max offer
ZIP 11420 · South Ozone Park · $779,000 · Wholesale
| Metric | Value |
|---|---|
| Median listing price | $779,000 ▲ 4% |
| Price per sq ft | $632 |
| Days on market | 67 days ▼ 6.9% |
| Median rent | $3,200 ▼ 3% |
| Active listings | 125 ▼ 0.8% |
| Gross rent yield | 4.9% |
South Ozone Park (11420) reached a Zillow Home Value Index of $758,268 in August 2026, 3.5% above a year earlier.
South Ozone Park is a neighborhood in the southwestern section of the New York City borough of Queens. Also, it is just north of John F. Overall, 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
ZIP 11428 · Queens Village · $799,000 · Negotiate
Market snapshot: Queens Village (11428)
| Metric | Value |
|---|---|
| Median listing price | $799,000 ▲ 4.4% |
| Price per sq ft | $528 |
| Days on market | 63 days ▲ 103.2% |
| Median rent | $2,575 |
| Active listings | 46 ▲ 35.5% |
| Gross rent yield | 3.9% |
Queens Village (11428) holds a Zillow Home Value Index of $782,255 for August 2026, a 5% one-year rise.
Generally, Queens Village is a mostly residential middle class neighborhood in the eastern part of the New York City borough of Queens. Also, 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.
Also, shopping in the community is located along Braddock Avenue, Hillside Avenue, Hempstead Avenue, Jamaica Avenue, Francis Lewis Boulevard, and Springfield Boulevard.
Investor note: Queens Village listings run about $16,700 above the $782,255 Zillow value, so test each asking price against sold comps. With repairs at $64,000, the $495,300 max offer in 11428 suits buyers who want a moderate rehab.
Max offer when the ARV equals the median price: $799,000 × 70% − $64,000 repairs = $495,300 max offer
ZIP 11435 · Jamaica · $365,000 · Buy & hold
Market snapshot: Jamaica (11435)
| Metric | Value |
|---|---|
| Median listing price | $365,000 ▲ 18% |
| Price per sq ft | $382 |
| Days on market | 78 days ▲ 28.1% |
| Median rent | $2,700 ▲ 0.9% |
| Active listings | 147 ▼ 5.6% |
| Gross rent yield | 8.9% |
Jamaica (11435) logged a Zillow Home Value Index of $587,697 in August 2026, the fastest gain on this page at 6.2%.
Jamaica is a neighborhood in the New York City borough of Queens. Also, it is bordered by Hollis, Queens Village, St. In addition, albans, and Cambria Heights to the east; South Jamaica, Rochdale Village, John F.
In general, 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: Jamaica pairs the lowest median listing here, $365,000, with the fastest Zillow growth, 6.2% to $587,697. That spread makes 11435 a natural starting point for buy-and-hold investors, and the $226,500 max offer keeps entry costs low.
Max offer when the ARV equals the median price: $365,000 × 70% − $29,000 repairs = $226,500 max offer
In addition, gross rent yield equals 12 months of median rent over the median listing price, and the max offer sets repairs at 8% of that price.
Lining up cash buyers for Queens deals
So, have Queens cash buyers in your phone before you put a single house under contract. Generally, flippers, buy-and-hold landlords, and small builders who can close without a lender are the ones who will take your assignments.
Assigning a purchase contract in New York
Also, New York requires a license to sell or broker real estate on behalf of others. As a result, buy as a principal and disclose that you may assign. In addition, deals with owners in foreclosure also fall under the Home Equity Theft Prevention Act, so have a New York real estate attorney prepare your contracts.
ForeclosuresDaily off-market opportunities before your competition
Queens County at a glance
In general, New York foreclosures always go through the state Supreme Court.
Overall, lenders must send a notice at least 90 days before filing, a court-appointed referee auctions the home after judgment, and there is no right to buy it back afterward. Generally, an early contract can help a Queens County owner sell before the sale date.
What changed recently: Under a 2024 state law (L.2024, ch. 55, Part BB), when a New York county or city forecloses for unpaid property taxes and sells the property, the former owner can claim the money left over after the taxes, interest and fees are paid. For homes, late claims are accepted for at least three years after the sale is confirmed.
Sources: U.S. Census Bureau QuickFacts, Queens County, New York (2020 to 2024 American Community Survey; population estimate for July 1, 2025) and state foreclosure law summary.
In fact, since 2004, ForeclosuresDaily.com has helped investors, wholesalers, flippers, and agents reach motivated sellers first.
Queens wholesaling FAQ
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