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Real Estate Prices & Overview

E 10th St / Ave I median real estate price is $2,143,112, 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 E 10th St / Ave I is currently $3,165, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.5% of New York neighborhoods.

E 10th St / Ave I is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 10th St / Ave I 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 E 10th St / Ave I 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.

E 10th St / Ave I has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.2% 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

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 E 10th St / Ave I neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.8% of U.S. neighborhoods.

Also, in the E 10th St / Ave I neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 15.9% of residents here. This is a higher proportion of walking commuters than we found in 97.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Finally, in the E 10th St / Ave I neighborhood, 13.1% 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 96.3% of the neighborhoods in America.

Real Estate

The E 10th St / Ave I neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 46,640 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 E 10th St / Ave I neighborhood is one of the most walkable neighborhoods in America.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The E 10th St / Ave I neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 63.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.5% of the neighborhoods in the United States.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the E 10th St / Ave I neighborhood has a highly unusual pattern of car ownership. 50.5% 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.

Diversity

Did you know that the E 10th St / Ave I neighborhood has more Russian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.0% of this neighborhood's residents have Russian ancestry and 3.4% have Hungarian ancestry.

E 10th St / Ave I is also pretty special linguistically. Significantly, 3.0% 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 99.4% 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 E 10th St / Ave I neighborhood has a greater percentage of residents born in another country (43.2%) than are found in 95.3% 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 E 10th St / Ave I 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 50.9% of the neighborhoods in America. With 19.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.0% of U.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 E 10th St / Ave I neighborhood, 33.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 26.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.1%), and 15.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 10th St / Ave I neighborhood is English, spoken by 29.2% of households. Other important languages spoken here include Spanish, Russian, Urdu (the national language of Pakistan) and Polish.

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 E 10th St / Ave I neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (26.3%). There are also a number of people of Puerto Rican ancestry (8.4%), and residents who report Russian roots (8.0%), and some of the residents are also of Dominican ancestry (6.9%), along with some Mexican ancestry residents (5.2%), among others. In addition, 43.2% 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 E 10th St / Ave I neighborhood spend between 45 minutes and one hour commuting one-way to work (37.8% of working residents), longer and tougher than most commutes in America.

Here most residents (32.0%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (24.7%) and 15.9% of residents also hop out the door and walk to work for their daily commute. The bus provides a valuable service in the E 10th St / Ave I neighborhood of Brooklyn by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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