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Real Estate Prices & Overview

43rd Ave / Elbertson St median real estate price is $972,701, which is more expensive than 74.2% of the neighborhoods in New York and 90.4% of the neighborhoods in the U.S.

The average rental price in 43rd Ave / Elbertson St is currently $3,655, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.9% of the neighborhoods in New York.

43rd Ave / Elbertson St is a densely urban neighborhood (based on population density) located in Queens, New York.

43rd Ave / Elbertson St 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 43rd Ave / Elbertson St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

43rd Ave / Elbertson St has a 12.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.7% 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.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 71.5% of the 43rd Ave / Elbertson St neighborhood's commuters ride the train to and from work each day, which is more than we found in 100.0% of America's neighborhoods.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The 43rd Ave / Elbertson St neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 74.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.9% of America's neighborhoods.

In addition, what you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 73,777 people per square mile, it is more densely populated than 99.2% of America'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 43rd Ave / Elbertson St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

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 43rd Ave / Elbertson St neighborhood have a highly unusual car ownership. 63.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.3% of U.S. neighborhoods.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the 43rd Ave / Elbertson St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.2% of all American neighborhoods.

Migration / Stability

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 43rd Ave / Elbertson St neighborhood. What is interesting to note, is that the 43rd Ave / Elbertson St neighborhood has a greater percentage of residents born in another country (67.0%) than are found in 99.6% of all U.S. neighborhoods.

Diversity

Did you know that the 43rd Ave / Elbertson St neighborhood has more South American and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.5% of this neighborhood's residents have South American ancestry and 30.5% have Asian ancestry.

43rd Ave / Elbertson St is also pretty special linguistically. Significantly, 21.7% 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 99.3% 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 43rd Ave / Elbertson St neighborhood in Queens are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.0% of the neighborhoods in America. In addition, 5.0% 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 64.6% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the 43rd Ave / Elbertson St neighborhood, 43.8% 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 manufacturing and laborer occupations, with 27.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.8%), and 12.4% in clerical, assistant, and tech support 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 43rd Ave / Elbertson St neighborhood is Spanish, spoken by 52.9% of households. Other important languages spoken here include Chinese and English.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the 43rd Ave / Elbertson St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (30.5%). There are also a number of people of Mexican ancestry (27.1%), and residents who report South American roots (24.5%), and some of the residents are also of Sub-Saharan African ancestry (3.4%), along with some Dominican ancestry residents (2.8%), among others. In addition, 67.0% 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 43rd Ave / Elbertson St neighborhood spend between 45 minutes and one hour commuting one-way to work (57.1% of working residents), longer and tougher than most commutes in America.

Here most residents (71.5%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (8.5%) and 5.8% of residents also drive alone in a private automobile 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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