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Real Estate Prices & Overview

E 21st St / Avenue S median real estate price is $1,042,859, which is more expensive than 73.6% of the neighborhoods in New York and 89.9% of the neighborhoods in the U.S.

The average rental price in E 21st St / Avenue S is currently $3,237, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.2% of New York neighborhoods.

E 21st St / Avenue S is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 21st St / Avenue S real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the E 21st St / Avenue S 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 21st St / Avenue S has a 10.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.6% 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

Our research revealed that more commuters here take the bus to work (20.5% ride the bus) than 98.7% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, in the E 21st St / Avenue S neighborhood, 25.9% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.8% of the neighborhoods in America.

Real Estate

The E 21st St / Avenue S neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 54,421 persons per square mile in the neighborhood, it is more packed with people than 98.6% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the E 21st St / Avenue S neighborhood is one of the most walkable neighborhoods in America.

In addition, one of the really unique and interesting things about the look and setting of the E 21st St / Avenue S neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 73.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.6% of all neighborhoods in America.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the E 21st St / Avenue S neighborhood has a highly unusual pattern of car ownership. 24.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.2% of U.S. neighborhoods.

Diversity

Did you know that the E 21st St / Avenue S neighborhood has more Russian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.8% of this neighborhood's residents have Russian ancestry and 8.7% have Ukrainian ancestry.

E 21st St / Avenue S is also pretty special linguistically. Significantly, 11.2% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the E 21st St / Avenue S neighborhood has a greater percentage of residents born in another country (51.4%) than are found in 98.0% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the E 21st St / Avenue S 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 45.8% of the neighborhoods in America. In addition, 2.5% 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 73.2% 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 21st St / Avenue S neighborhood, 40.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.6%), and 17.1% in manufacturing and laborer occupations.

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 21st St / Avenue S neighborhood is English, spoken by 38.5% of households. Other important languages spoken here include Russian, Chinese and Spanish.

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 21st St / Avenue S neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Russian (15.8%). There are also a number of people of Asian ancestry (14.9%), and residents who report Ukrainian roots (8.7%), and some of the residents are also of Arab ancestry (5.4%), along with some Irish ancestry residents (3.3%), among others. In addition, 51.4% 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 21st St / Avenue S neighborhood spend between 45 minutes and one hour commuting one-way to work (46.1% of working residents), longer and tougher than most commutes in America.

Here most residents (32.3%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (25.9%) and 20.5% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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