Macdonough St / Stuyvesant Ave median real estate price is $2,204,974, which is more expensive than 95.1% of the neighborhoods in New York and 98.5% of the neighborhoods in the U.S.
The average rental price in Macdonough St / Stuyvesant Ave is currently $4,027, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.3% of the neighborhoods in New York.
Macdonough St / Stuyvesant Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Macdonough St / Stuyvesant 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 Macdonough St / Stuyvesant 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.
Macdonough St / Stuyvesant Ave has a 11.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Macdonough St / Stuyvesant Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Macdonough St / Stuyvesant Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 49,403 persons per square mile in the neighborhood, it is more packed with people than 98.4% 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 Macdonough St / Stuyvesant 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 Macdonough St / Stuyvesant 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 51.1% of the real estate here is made up of such dwellings, which is higher than 98.6% of all U.S. neighborhoods.
Furthermore, 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 70.7% of the residential real estate in the Macdonough St / Stuyvesant Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
In the Macdonough St / Stuyvesant Ave neighborhood, 44.8% 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 99.3% of the neighborhoods in America.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.2% of residents in the Macdonough St / Stuyvesant Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
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 Macdonough St / Stuyvesant Ave neighborhood have a highly unusual car ownership. 35.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.7% of U.S. neighborhoods.
Did you know that the Macdonough St / Stuyvesant Ave neighborhood has more Jamaican and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.6% of this neighborhood's residents have Jamaican ancestry and 1.3% have Iranian ancestry.
Macdonough St / Stuyvesant Ave is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 95.6% of the neighborhoods in America.
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 Macdonough St / Stuyvesant Ave neighborhood in Brooklyn are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.2% of the neighborhoods in America. With 39.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.4% 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 Macdonough St / Stuyvesant Ave neighborhood, 59.6% 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 23.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.5%), and 4.3% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Macdonough St / Stuyvesant Ave neighborhood is English, spoken by 84.5% of households. Some people also speak Spanish (3.9%).
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 Macdonough St / Stuyvesant Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (8.6%). There are also a number of people of Sub-Saharan African ancestry (7.0%), and residents who report Irish roots (4.3%), and some of the residents are also of German ancestry (3.8%), along with some Mexican ancestry residents (3.2%), among others. In addition, 15.5% 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 Macdonough St / Stuyvesant Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (44.0% of working residents), longer and tougher than most commutes in America.
Here most residents (44.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (8.8%) and 7.4% of residents also ride the bus 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.