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Real Estate Prices & Overview

Lindenwood West median real estate price is $909,858, which is more expensive than 70.1% of the neighborhoods in New York and 88.7% of the neighborhoods in the U.S.

The average rental price in Lindenwood West is currently $1,750, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.2% of New York neighborhoods.

Lindenwood West is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Lindenwood West 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Lindenwood West neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Real estate vacancies in Lindenwood West are 4.9%, which is lower than one will find in 67.4% of American neighborhoods. Demand for real estate in Lindenwood West 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

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 Lindenwood West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 66.7% of the Lindenwood West neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.9% of America's neighborhoods.

Car Ownership

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 Lindenwood West neighborhood have a highly unusual car ownership. 70.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.6% of U.S. neighborhoods.

Real Estate

One of the really unique and interesting things about the look and setting of the Lindenwood West neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 91.3% 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 98.4% of all neighborhoods in America.

In addition, the Lindenwood West neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 44,872 persons per square mile in the neighborhood, it is more packed with people than 98.2% 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 Lindenwood West neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, renter-occupied real estate is dominant in the Lindenwood West neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 94.7%, which is higher than 98.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Also of note, the Lindenwood West neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 81.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

People

One of the unique characteristics of the Lindenwood West neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.8% of the neighborhoods in America.

Diversity

Did you know that the Lindenwood West neighborhood has more Jamaican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.6% of this neighborhood's residents have Jamaican ancestry and 10.2% have Puerto Rican ancestry.

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 Lindenwood West 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 97.8% of U.S. neighborhoods. With 52.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.7% 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 Lindenwood West neighborhood, 34.5% 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 executive, management, and professional occupations, with 30.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (26.9%), and 8.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Lindenwood West neighborhood is English, spoken by 82.1% of households. Some people also speak Spanish (16.0%).

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 Lindenwood West neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (10.2%). There are also a number of people of Mexican ancestry (6.5%), and residents who report Sub-Saharan African roots (5.6%), and some of the residents are also of Jamaican ancestry (5.6%), along with some African ancestry residents (5.6%), among others.

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 Lindenwood West neighborhood spend between 45 minutes and one hour commuting one-way to work (53.3% of working residents), longer and tougher than most commutes in America.

Here most residents (66.7%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (11.7%) . 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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