Real Estate Prices and Overview
1st Ave / E 110th St median real estate prices are $806,818, which is more expensive than 95.8% of the neighborhoods
in New York and 98.1% of the
neighborhoods in the U.S.
Average rental prices in 1st Ave / E 110th St are currently
$684, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 85.4% of New York neighborhoods.
1st Ave / E 110th St is a densely urban neighborhood (based on population
density) located in New York, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
1st Ave / E 110th St 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 single-family homes.
Most of the residential real estate is renter occupied. Many of
the residences in the 1st Ave / E 110th St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in 1st Ave / E 110th St are 6.4%,
which is lower than one will find in 67.5% of American
neighborhoods. Demand for real estate in 1st Ave / E 110th St
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.
Notable & Unique: Real Estate
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 80,117 people per square mile, it is more densely populated than 99.4% of America's neighborhoods. 1st Ave / E 110th St is a neighborhood that is on the ocean, a bay, or inlet.
Many times, such places have amenities that bring locals and visitors to the
waterfront for recreational activities or to check out the scenery.
In some densely populated areas that are less financially well-off, the neighborhood
waterfront can be relatively industrial and less open to recreation.
In addition, one of the really unique and interesting things about the look and setting of the 1st Ave / E 110th St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 95.8% 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 99.4% of all neighborhoods in America.
Furthermore, renter-occupied real estate is dominant in the 1st Ave / E 110th St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 89.6%, which is higher than 97.0% 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.
Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or
three. But households in the 1st Ave / E 110th St neighborhood buck
81.5% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.9% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the 1st Ave / E 110th St neighborhood has more
Puerto Rican and Dominican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 30.1% of
this neighborhood's residents have Puerto Rican ancestry and 7.2% have Dominican ancestry.
1st Ave / E 110th St is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily
speak Hebrew at home. While this may seem like a small percentage, it is higher
than 98.5% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 55.3% of the
1st Ave / E 110th St neighborhood's commuters ride the train to and from work each
day, which is more than we found in 99.1% of America's
Also, would you like to be able to ride your bike to work? If you are attracted
to the idea of getting a little exercise of the two-wheeled type while
reducing your carbon footprint, bicycling to work might be the answer.
But which neighborhood you live in can make this either impossible, or
alternatively, a great and realistic option. NeighborhoodScout's analysis
revealed that the 1st Ave / E 110th St neighborhood is a fantastic
option for bicycle commuters, as 3.4% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 95.6% of the neighborhoods in America.
The Neighbors: Income
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 1st Ave / E 110th St neighborhood in New York are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 90.0% of U.S. neighborhoods.
With 45.3% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 87.9%
of U.S. neighborhoods.
The Neighbors: Occupations
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 1st Ave / E 110th St neighborhood, 32.4%
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 31.2% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(20.0%), and 16.4% in clerical, assistant, and tech support occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the 1st Ave / E 110th St neighborhood in New York, NY, residents
most commonly identify their ethnicity or ancestry as Puerto Rican
(30.1%). There are also a number of people of Dominican ancestry (7.2%) , and residents who report Asian roots (6.0%) , and some of the residents are also of Sub-Saharan African ancestry (4.1%) , along with some African ancestry residents (3.4%), among others. In addition, 18.6% of the residents of this neighborhood were born in another country.
The Neighbors: 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 1st Ave / E 110th St
neighborhood is English, spoken by 53.1% of households. Other important languages spoken here include Spanish, Chinese, French and Portuguese.
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 1st Ave / E 110th St neighborhood spend
between 45 minutes and one hour commuting one-way to work (33.5% of working
residents), longer and tougher than most commutes in America.
Here most residents (55.3%) take the train to get to work.
In addition, quite a number also ride the bus to get to work (13.4%) and 11.7% of residents also hop out the door and walk to work 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.