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Real Estate Prices & Overview

70th St / Cristoforo Colombo Blvd median real estate price is $1,618,586, which is more expensive than 90.5% of the neighborhoods in New York and 97.2% of the neighborhoods in the U.S.

The average rental price in 70th St / Cristoforo Colombo Blvd is currently $3,173, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.8% of New York neighborhoods.

70th St / Cristoforo Colombo Blvd is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

70th St / Cristoforo Colombo Blvd 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 occupied by a mixture of owners and renters. Many of the residences in the 70th St / Cristoforo Colombo Blvd 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.

Home and apartment vacancy rates are 7.9% in 70th St / Cristoforo Colombo Blvd. NeighborhoodScout analysis shows that this rate is lower than 48.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 70th St / Cristoforo Colombo Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The 70th St / Cristoforo Colombo Blvd neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 58,141 persons per square mile in the neighborhood, it is more packed with people than 98.8% 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 70th St / Cristoforo Colombo Blvd neighborhood is one of the most walkable neighborhoods in America.

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 70th St / Cristoforo Colombo Blvd 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 66.6% of the real estate here is made up of such dwellings, which is higher than 99.6% of all U.S. neighborhoods.

Furthermore, 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 70th St / Cristoforo Colombo Blvd neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 78.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.5% of the neighborhoods in the United States.

Modes of Transportation

In the 70th St / Cristoforo Colombo Blvd neighborhood, 38.1% 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 98.7% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the 70th St / Cristoforo Colombo Blvd neighborhood buck this trend. 30.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.2% of U.S. neighborhoods.

People

The 70th St / Cristoforo Colombo Blvd neighborhood stands out within New York for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.3% of college-friendly places to live in NY.

Diversity

Did you know that the 70th St / Cristoforo Colombo Blvd neighborhood has more Arab and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.9% of this neighborhood's residents have Arab ancestry and 8.9% have Dominican ancestry.

70th St / Cristoforo Colombo Blvd is also pretty special linguistically. Significantly, 35.5% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.8% 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 70th St / Cristoforo Colombo Blvd neighborhood has a greater percentage of residents born in another country (58.1%) than are found in 99.0% 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 70th St / Cristoforo Colombo Blvd neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.6% of U.S. neighborhoods. With 21.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.9% 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 70th St / Cristoforo Colombo Blvd neighborhood, 31.4% 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 30.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.4%), and 18.8% 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 70th St / Cristoforo Colombo Blvd neighborhood is Chinese, spoken by 35.5% of households. Other important languages spoken here include English, Spanish, Italian and Polish.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the 70th St / Cristoforo Colombo Blvd neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (42.7%). There are also a number of people of Italian ancestry (16.1%), and residents who report Dominican roots (8.9%), and some of the residents are also of Arab ancestry (7.9%), along with some Mexican ancestry residents (4.1%), among others. In addition, 58.1% 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 70th St / Cristoforo Colombo Blvd neighborhood spend between 45 minutes and one hour commuting one-way to work (46.7% of working residents), longer and tougher than most commutes in America.

Here most residents (38.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (22.1%) and 9.6% 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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