Bay Ridge East median real estate price is $1,128,551, which is more expensive than 77.4% of the neighborhoods in New York and 91.7% of the neighborhoods in the U.S.
The average rental price in Bay Ridge East is currently $3,426, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.4% of the neighborhoods in New York.
Bay Ridge East is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Bay Ridge East 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 small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Bay Ridge East 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.
Home and apartment vacancy rates are 9.0% in Bay Ridge East. NeighborhoodScout analysis shows that this rate is lower than 43.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Real Estate
The Bay Ridge East neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 49,309 persons per square mile in the neighborhood, it is more packed with people than 98.4% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Bay Ridge East neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Bay Ridge East neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 40.2% of the real estate here is made up of such dwellings, which is higher than 97.1% of all U.S. neighborhoods.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 86.8% of the residential real estate in the Bay Ridge East neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Modes of Transportation
In the Bay Ridge East neighborhood, 42.4% 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 98.9% of the neighborhoods in America.
Also, a unique way of commuting is simply not to. And in the Bay Ridge East neighborhood, analysis shows that 33.4% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.3% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
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 Bay Ridge East neighborhood have a highly unusual car ownership. 42.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.3% of U.S. neighborhoods.
People
If you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Bay Ridge East neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 96.8% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Bay Ridge East neighborhood.
Diversity
Did you know that the Bay Ridge East neighborhood has more Lebanese and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Lebanese ancestry and 6.5% have Arab ancestry.
Bay Ridge East is also pretty special linguistically. Significantly, 2.2% 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 99.3% of the neighborhoods in America.
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 Bay Ridge East 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 78.6% of the neighborhoods in America. With 21.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.5% 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 Bay Ridge East neighborhood, 52.6% 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 20.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.2%), and 8.2% 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 Bay Ridge East neighborhood is English, spoken by 52.1% of households. Other important languages spoken here include Spanish, Arabic, Chinese and Langs. of India.
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 Bay Ridge East neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Irish (14.9%). There are also a number of people of Asian ancestry (11.4%), and residents who report Italian roots (11.3%), and some of the residents are also of Mexican ancestry (8.7%), along with some Arab ancestry residents (6.5%), among others. In addition, 25.4% of the residents of this neighborhood were born in another country.
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 Bay Ridge East neighborhood spend between 45 minutes and one hour commuting one-way to work (58.1% of working residents), longer and tougher than most commutes in America.
Here most residents (42.4%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (12.3%) and 6.2% 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.
