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Real Estate Prices & Overview

99th St / 32nd Ave median real estate price is $1,166,628, which is more expensive than 79.1% of the neighborhoods in New York and 93.0% of the neighborhoods in the U.S.

The average rental price in 99th St / 32nd Ave is currently $3,558, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.2% of the neighborhoods in New York.

99th St / 32nd Ave is a densely urban neighborhood (based on population density) located in Queens, New York.

99th St / 32nd Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the 99th St / 32nd 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.

Vacant apartments or homes are a major fact of life in 99th St / 32nd Ave. The current real estate vacancy rate here is 16.3%. This is higher than the rate of vacancies in 81.8% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Queens, the 99th St / 32nd Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 99th St / 32nd Ave 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, 70.5% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.7% of America's neighborhoods.

In addition, the 99th St / 32nd Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 47,271 persons per square mile in the neighborhood, it is more packed with people than 98.3% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the 99th St / 32nd Ave neighborhood is one of the most walkable neighborhoods in America.

Modes of Transportation

In the 99th St / 32nd Ave neighborhood, 54.1% 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 99.7% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 97.0% of U.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 99th St / 32nd Ave neighborhood have a highly unusual car ownership. 27.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.8% of U.S. neighborhoods.

People

With a nice mix of college students, safety from crime, and decent walkability, the 99th St / 32nd 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 86.8% 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.

Diversity

Did you know that the 99th St / 32nd Ave neighborhood has more South American and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 38.8% of this neighborhood's residents have South American ancestry and 6.5% have Jamaican ancestry.

99th St / 32nd Ave is also pretty special linguistically. Significantly, 2.5% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the 99th St / 32nd Ave neighborhood has a greater percentage of residents born in another country (51.6%) than are found in 97.9% of all U.S. neighborhoods.

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 99th St / 32nd Ave 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 50.2% of the neighborhoods in America. With 18.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.6% 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 99th St / 32nd Ave neighborhood, 36.0% 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 34.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.7%), and 11.3% in executive, management, and professional 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 99th St / 32nd Ave neighborhood is Spanish, spoken by 66.0% of households. Other important languages spoken here include English, Chinese, Urdu (the national language of Pakistan) and Arabic.

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 99th St / 32nd Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (38.8%). There are also a number of people of Mexican ancestry (18.1%), and residents who report Asian roots (8.1%), and some of the residents are also of Jamaican ancestry (6.5%), along with some Arab ancestry residents (3.6%), among others. In addition, 51.6% 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 99th St / 32nd Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (38.7% of working residents), longer and tougher than most commutes in America.

Here most residents (54.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (18.9%) and 13.6% 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.


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