Found within zip codes: 10028
Popular real estate near New York, NY (E 86th St / Lexington Ave)
E 86th St / Lexington Ave median real estate prices are $1,988,404, which is more expensive than 99.6% of the neighborhoods in New York and 99.9% of the neighborhoods in the U.S.
Average rental prices in E 86th St / Lexington Ave are currently $1,944, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.0% of the neighborhoods in New York.
E 86th St / Lexington Ave is a densely urban neighborhood (based on population density) located in New York, New York.
E 86th St / Lexington Ave 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 occupied by a mixture of owners and renters. Many of the residences in the E 86th St / Lexington 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 E 86th St / Lexington Ave. The current real estate vacancy rate here is 19.0%. This is higher than the rate of vacancies in 83.2% of all U.S. neighborhoods. This can sometimes be the case in neighborhoods dominated by seasonal homes (such as vacation areas), and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. 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 New York, the E 86th St / Lexington Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.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 142,656 people per square mile, it is more densely populated than 99.9% of America'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 E 86th St / Lexington Ave neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the E 86th St / Lexington Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 99.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.9% of American neighborhoods.
Furthermore, the E 86th St / Lexington Ave 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 85.2% 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.Notable & Unique: People
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.7% of America's neighborhoods are wealthier than the E 86th St / Lexington Ave neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, E 86th St / Lexington Ave also has one of the lowest ratings of child poverty in the nation.
In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 88.8% of the adults living in the E 86th St / Lexington Ave neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.8% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Also, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the E 86th St / Lexington Ave neighborhood: a neighborhood in which more "urban sophisticates" live than 99.7% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for active retirees.Notable & Unique: Occupations
Executives, managers and professionals make up 82.8% of the workforce in the E 86th St / Lexington Ave neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.9% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.Notable & Unique: Diversity
Did you know that the E 86th St / Lexington Ave neighborhood has more Eastern European and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.7% of this neighborhood's residents have Eastern European ancestry and 12.3% have Russian ancestry.
E 86th St / Lexington Ave is also pretty special linguistically. Significantly, 1.5% 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 98.9% 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 67.9% of the E 86th St / Lexington Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.7% of America's neighborhoods.Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or three. But households in the E 86th St / Lexington Ave neighborhood buck this trend. 52.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.7% of U.S. neighborhoods.The Neighbors The Neighbors: Income
There are two complimentary 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 E 86th St / Lexington Ave neighborhood in New York are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.3% of the neighborhoods in America. In addition, 0.0% 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 99.9% of America's neighborhoods.The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations. In the E 86th St / Lexington Ave neighborhood, 82.8% 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 13.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.2%).The Neighbors: 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 E 86th St / Lexington Ave neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Russian (12.3%). There are also a number of people of Asian ancestry (8.2%) , and residents who report Irish roots (8.1%) , and some of the residents are also of Eastern European ancestry (5.7%) , along with some Italian ancestry residents (5.3%), among others. In addition, 12.3% 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 E 86th St / Lexington Ave neighborhood is English, spoken by 83.1% of households. Other important languages spoken here include French, Spanish and Chinese.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 E 86th St / Lexington Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (44.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (67.9%) 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 (11.1%) and 9.3% 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.
|MEDIAN HOUSE VALUE||$1,988,404|
HOUSE VALUE RANGE
|RENTAL PRICE||Very high cost relative to NY, very high cost relative to the nation|
|NEIGHBORHOOD LOOK, FEEL, & CHARACTER||DETAILS|
|THE SETTING||Densely urban (based on population density)|
|TYPE OF HOMES / DWELLINGS||Mostly Complexes/high rise apartments|
|SIZE OF HOMES / DWELLINGS||Mostly Small dwellings (1, 2, or no bedrooms) and a few Medium-sized dwellings (3 or 4 bedrooms)|
|AGE OF HOMES / DWELLINGS||Mostly Historic homes (Built 1939 or earlier), some Well established older homes (Built 1940 - 1969), some Established but not old (Built 1970 – 1999) and some Newer Homes (Built 2000 or later)|
|HOMEOWNERSHIP||Mixed owners & renters|
|SPECIAL CHARACTER||Mostly Urban Sophisticates, Walkable and Hip & Trendy|
|AGE & LIFESTYLE||Mostly Mixed ages, some Young singles-upwardly mobile (young, educated, professionally employed, and single), some Families with children (family households with school-aged children) and some Seniors (people 65 and over)|
|EDUCATION LEVEL||Rating: 10 (5 is average for the U.S., 10 is most educated)|
|INCOME||Wealthy (among the 15% most wealthy communities in America)|
|OCCUPATIONS||Mostly Executive, managerial & professional, some Sales & Service workers and some Clerical, assistants & technical support|
|ETHNICITY / ANCESTRY||Mostly White (non-Hispanic), some East Asian, some Irish ancestry, some Italian ancestry, some Hispanic and some Black|
|LANGUAGES||Mostly English speaking, some Spanish speaking and some French speaking|
|SCHOOLS IN THIS NEIGHBORHOOD||GRADES|
|There are no schools physically located in this neighborhood.|
This neighborhood is served by one 1 district.
60,665 Students enrolled in District
READING & MATH
|ETHNIC/RACIAL GROUPS||THIS DISTRICT||THIS STATE|
|WHITE (NON-HISPANIC) (%)||21.6||49.2|
|ASIAN OR PACIFIC ISLANDER (%)||23.0||8.3|
|AMERICAN INDIAN OR NATIVE OF ALASKA (%)||0.6||0.5|
|ECONOMIC GROUPS||THIS DISTRICT||THIS STATE|
|ECONOMICALLY DISADVANTAGED (%)||60.0||48.1|
|FOR THIS DISTRICT||PER STUDENT||TOTAL||% OF TOTAL|
|NEIGHBORHOOD EDUCATIONAL ENVIRONMENT|
|ADULTS IN NEIGHBORHOOD WITH COLLEGE DEGREE OR HIGHER (%)||88.8|
|CHILDREN IN THE NEIGHBORHOOD LIVING IN POVERTY (%)||0.0|
|PERIOD||TOTAL APPRECIATION||AVG. ANNUAL RATE||COMPARED TO NY*||COMPARED TO AMERICA*|
|LAST 10 YEARS|
|LAST 5 YEARS|
|LAST 2 YEARS|
|LAST 12 MONTHS|
|* 10 is highest|
E 86th St / Lexington Ave neighborhood appreciation rates are for subscribers only. New York, NY appreciation rates (city-wide averages) are open to all visitors.
National Median 3.9
My chances of becoming a victim
in E 86th St / Lexington Ave SUBSCRIBE FOR DETAIL
in New York 1 in 126
in New York 1 in 251
National Median 29.1
My chances of becoming a victim
in E 86th St / Lexington Ave SUBSCRIBE FOR DETAIL
in New York 1 in 44
in New York 1 in 52
E 86th St / Lexington Ave neighborhood Crime data are subscription only. New York, NY crime rates (city-wide averages) are open to all visitors.
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