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Real Estate Prices & Overview

73rd St / 10th Ave median real estate price is $1,320,702, which is more expensive than 87.8% of the neighborhoods in New York and 96.2% of the neighborhoods in the U.S.

The average rental price in 73rd St / 10th Ave is currently $4,110, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.5% of the neighborhoods in New York.

73rd St / 10th Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

73rd St / 10th Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) townhomes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the 73rd St / 10th 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 1970 and 1999.

In 73rd St / 10th Ave, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 83.2% of all neighborhoods in the U.S. This means that the housing supply in 73rd St / 10th Ave is very tight compared to the demand for property here.

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.

Real Estate

The 73rd St / 10th Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 39,195 persons per square mile in the neighborhood, it is more packed with people than 97.8% 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 73rd St / 10th Ave neighborhood is one of the most walkable neighborhoods in America.

In addition, if you love row houses and attached homes, you will probably really like the 73rd St / 10th Ave neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 50.8% of the residential real estate here is classified as row houses and attached homes.

Furthermore, 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 73rd St / 10th Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 70.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.7% of the neighborhoods in the United States.

People

One of the really interesting characteristics about the 73rd St / 10th Ave neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.7% of college-friendly places to live in the state of New York. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates.

Modes of Transportation

In the 73rd St / 10th Ave neighborhood, 28.7% 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 98.1% of the neighborhoods in America.

Also, in the 73rd St / 10th Ave 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 17.2% of residents here. This is a higher proportion of walking commuters than we found in 97.7% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the 73rd St / 10th Ave neighborhood has more Greek and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.7% of this neighborhood's residents have Greek ancestry and 28.4% have Italian ancestry.

73rd St / 10th Ave is also pretty special linguistically. Significantly, 7.0% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.

The Neighbors

There are two complementary 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 73rd St / 10th Ave neighborhood in Brooklyn are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.2% of the neighborhoods in America. With 15.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.5% 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 73rd St / 10th Ave neighborhood, 41.4% 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 34.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.2%), and 9.3% in manufacturing and laborer 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 73rd St / 10th Ave neighborhood is English, spoken by 58.5% of households. Other important languages spoken here include Chinese, Italian, Greek and Spanish.

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 73rd St / 10th Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (30.3%). There are also a number of people of Italian ancestry (28.4%), and residents who report Irish roots (14.4%), and some of the residents are also of Greek ancestry (7.7%), along with some German ancestry residents (6.3%), among others. In addition, 22.4% 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 73rd St / 10th Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (47.1% of working residents), longer and tougher than most commutes in America.

Here most residents (30.3%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (28.7%) and 17.2% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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