58th St / 9th Ave median real estate price is $1,834,139, which is more expensive than 92.6% of the neighborhoods in New York and 97.8% of the neighborhoods in the U.S.
The average rental price in 58th St / 9th Ave is currently $3,055, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.2% of New York neighborhoods.
58th St / 9th Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
58th St / 9th Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the 58th St / 9th Ave 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 1970 and 1999.
Vacant apartments or homes are a major fact of life in 58th St / 9th Ave. The current real estate vacancy rate here is 20.0%. This is higher than the rate of vacancies in 88.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Brooklyn, the 58th St / 9th Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 100,818 people per square mile, it is more densely populated than 99.7% of America'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 58th St / 9th Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the 58th St / 9th Ave neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 45.6% of the real estate here is made up of such dwellings, which is higher than 98.0% of all U.S. neighborhoods.
Furthermore, 85.2% of the real estate in the 58th St / 9th Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The 58th St / 9th Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 73.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.1% of the neighborhoods in the United States.
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 58th St / 9th Ave neighborhood has a highly unusual pattern of car ownership. 77.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.8% of U.S. neighborhoods.
In the 58th St / 9th Ave neighborhood, 33.6% 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 98.6% of the neighborhoods in America.
Also, in the 58th St / 9th Ave 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 23.0% of residents here. This is a higher proportion of walking commuters than we found in 98.6% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.6% of residents in the 58th St / 9th Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the 58th St / 9th Ave neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.5% of all American neighborhoods.
Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the 58th St / 9th Ave neighborhood may actually hold the key. 69.1% of its residents are married, which is a higher percentage than is found in 95.6% of the neighborhoods in America.
Did you know that the 58th St / 9th Ave neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 78.8% of this neighborhood's residents have Asian ancestry.
58th St / 9th Ave is also pretty special linguistically. Significantly, 76.1% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.
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. More residents of the 58th St / 9th Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.6% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the 58th St / 9th Ave neighborhood has a greater percentage of residents born in another country (68.9%) than are found in 99.7% of all U.S. neighborhoods.
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 58th St / 9th Ave neighborhood in Brooklyn are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.8% of U.S. neighborhoods. With 42.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.2% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the 58th St / 9th Ave neighborhood, 40.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.2%), and 15.9% in executive, management, and professional 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 58th St / 9th Ave neighborhood is Chinese, spoken by 76.1% of households. Other important languages spoken here include English 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 58th St / 9th Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (78.8%). There are also a number of people of Haitian ancestry (1.6%), and residents who report Puerto Rican roots (1.5%). In addition, 68.9% of the residents of this neighborhood were born in another country.
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 58th St / 9th Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (51.7% of working residents), longer and tougher than most commutes in America.
Here most residents (33.6%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (23.0%) and 21.1% 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.
