menu




Real Estate Prices & Overview

Crown St / Albany Ave median real estate price is $2,142,357, 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 Crown St / Albany Ave is currently $3,967, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.8% of the neighborhoods in New York.

Crown St / Albany Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Crown St / Albany Ave 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Crown St / Albany 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 1940 and 1969.

Real estate vacancies in Crown St / Albany Ave are 3.3%, which is lower than one will find in 75.9% of American neighborhoods. Demand for real estate in Crown St / Albany Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

The Crown St / Albany Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 62,590 persons per square mile in the neighborhood, it is more packed with people than 98.9% 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 Crown St / Albany Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 61.7% of the residential real estate in the Crown St / Albany Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.1% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

More people in Crown St / Albany Ave choose to walk to work each day (30.3%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, in the Crown St / Albany Ave neighborhood, 11.4% 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 96.1% of the neighborhoods in America.

Finally, more people ride the bus in this neighborhood each day to get to work than 95.3% of U.S. neighborhoods.

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 Crown St / Albany Ave neighborhood has a highly unusual pattern of car ownership. 47.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.6% of U.S. neighborhoods.

People

With a nice mix of college students, safety from crime, and decent walkability, the Crown St / Albany Ave neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.3% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates.

Diversity

Did you know that the Crown St / Albany Ave neighborhood has more Lithuanian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Lithuanian ancestry and 5.9% have Dominican ancestry.

Crown St / Albany Ave is also pretty special linguistically. Significantly, 7.9% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 99.4% 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 Crown St / Albany Ave neighborhood in Brooklyn are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.9% of the neighborhoods in America. With 23.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.6% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Crown St / Albany Ave neighborhood, 45.5% 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 22.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.3%), and 9.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Crown St / Albany Ave neighborhood is English, spoken by 71.7% of households. Some people also speak German/Yiddish (7.9%).

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 Crown St / Albany Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Dominican (5.9%). There are also a number of people of Russian ancestry (3.9%), and residents who report Jamaican roots (2.7%), and some of the residents are also of Polish ancestry (2.1%), along with some Lithuanian ancestry residents (1.8%), among others. In addition, 26.8% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Crown St / Albany Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (26.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (30.3%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (22.1%) and 15.4% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.

Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby