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Real Estate Prices & Overview

E 1st St / Ave U median real estate price is $2,164,532, which is more expensive than 95.3% of the neighborhoods in New York and 98.6% of the neighborhoods in the U.S.

The average rental price in E 1st St / Ave U is currently $3,497, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.8% of New York neighborhoods.

E 1st St / Ave U is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 1st St / Ave U real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E 1st St / Ave U neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

E 1st St / Ave U has a 14.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 28.6% of the E 1st St / Ave U neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.3% of America's neighborhoods.

Also, in the E 1st St / Ave U neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 12.1% of residents here. This is a higher proportion of walking commuters than we found in 96.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The E 1st St / Ave U neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 45.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.9% of America's neighborhoods.

In addition, the E 1st St / Ave U neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,896 persons per square mile in the neighborhood, it is more packed with people than 97.1% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The E 1st St / Ave U neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the E 1st St / Ave U neighborhood have a highly unusual car ownership. 20.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.4% of U.S. neighborhoods.

Diversity

Did you know that the E 1st St / Ave U neighborhood has more Russian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.2% of this neighborhood's residents have Russian ancestry and 9.3% have Arab ancestry.

E 1st St / Ave U is also pretty special linguistically. Significantly, 4.8% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the E 1st St / Ave U neighborhood in Brooklyn are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.0% of the neighborhoods in America. In addition, 6.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 60.2% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the E 1st St / Ave U neighborhood, 46.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 36.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.0%).

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the E 1st St / Ave U neighborhood is English, spoken by 63.1% of households. Other important languages spoken here include Spanish, Arabic, Native American languages and Italian.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the E 1st St / Ave U neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Italian (16.8%). There are also a number of people of Arab ancestry (9.3%), and residents who report Russian roots (8.2%), and some of the residents are also of Puerto Rican ancestry (6.1%), along with some Mexican ancestry residents (5.9%), among others. In addition, 22.1% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in E 1st St / Ave U neighborhood spend between 45 minutes and one hour commuting one-way to work (45.3% of working residents), longer and tougher than most commutes in America.

Here most residents (28.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (24.8%) and 16.1% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.

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