Cortelyou Rd / E 37th St median real estate price is $814,355, which is more expensive than 61.2% of the neighborhoods in New York and 84.5% of the neighborhoods in the U.S.
Average rental prices in the Cortelyou Rd / E 37th St neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.
Cortelyou Rd / E 37th St is a rural neighborhood (based on population density) located in Brooklyn, New York.
Cortelyou Rd / E 37th St real estate is primarily made up of large (four, five or more bedroom) small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Cortelyou Rd / E 37th St 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 2000 and the present.
In Cortelyou Rd / E 37th St, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Cortelyou Rd / E 37th St is very tight compared to the demand for property here.
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.
Real estate in the Cortelyou Rd / E 37th St neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 99.8% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Cortelyou Rd / E 37th St neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
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 Cortelyou Rd / E 37th St 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 100.0% of the real estate here is made up of such dwellings, which is higher than 100.0% of all U.S. neighborhoods.
Furthermore, one way that the Cortelyou Rd / E 37th St neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 100.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Also of note, one of the notable things about Cortelyou Rd / E 37th St is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
Finally, 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 Cortelyou Rd / E 37th St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 100.0% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 100.0% of the neighborhoods in the United States.
Of note is NeighborhoodScout's research finding that the Cortelyou Rd / E 37th St neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Cortelyou Rd / E 37th St community truly stands out from the rest in this regard.
In addition, the Cortelyou Rd / E 37th St neighborhood is unique for having just 0.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 100.0% of America's neighborhoods.
Also, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 100.0% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Cortelyou Rd / E 37th St neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
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 Cortelyou Rd / E 37th St neighborhood have a highly unusual car ownership. 100.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 100.0% of U.S. neighborhoods.
Our research reveals that 100.0% of commuters who live in the Cortelyou Rd / E 37th St neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.9% of U.S. neighborhoods.
There are more people living in the Cortelyou Rd / E 37th St neighborhood employed as sales and service workers (53.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Cortelyou Rd / E 37th St neighborhood. More residents of the Cortelyou Rd / E 37th St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 100.0% 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 Cortelyou Rd / E 37th St neighborhood has a greater percentage of residents born in another country (68.2%) than are found in 99.7% of all U.S. neighborhoods.
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 Cortelyou Rd / E 37th St 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 100.0% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America'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 Cortelyou Rd / E 37th St neighborhood, 53.3% of the working population is employed in clerical, assistant, and tech support 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 46.7% of the residents employed.
Languages
The most common language spoken in the Cortelyou Rd / E 37th St neighborhood is English, spoken by 100.0% of households.
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 Cortelyou Rd / E 37th St neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Spanish (0.0%). In addition, 68.2% 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 Cortelyou Rd / E 37th St neighborhood spend between 30 and 45 minutes commuting one-way to work (100.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (100.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
