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Real Estate Prices & Overview

E 28th St / Gravesend Neck Rd median real estate price is $922,599, which is more expensive than 73.6% of the neighborhoods in New York and 90.5% of the neighborhoods in the U.S.

The average rental price in E 28th St / Gravesend Neck Rd is currently $2,538, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.8% of New York neighborhoods.

E 28th St / Gravesend Neck Rd is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 28th St / Gravesend Neck Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes 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 E 28th St / Gravesend Neck Rd 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 7.7% in E 28th St / Gravesend Neck Rd. NeighborhoodScout analysis shows that this rate is lower than 49.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 28th St / Gravesend Neck Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you love row houses and attached homes, you will probably really like the E 28th St / Gravesend Neck Rd 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, 55.0% of the residential real estate here is classified as row houses and attached homes.

In addition, the E 28th St / Gravesend Neck Rd neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 41,647 persons per square mile in the neighborhood, it is more packed with people than 98.0% 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 28th St / Gravesend Neck Rd neighborhood is one of the most walkable neighborhoods in America.

Modes of Transportation

In the E 28th St / Gravesend Neck Rd neighborhood, 31.1% 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 98.2% of the neighborhoods in America.

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 E 28th St / Gravesend Neck Rd neighborhood is a fantastic option for bicycle commuters, as 3.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.1% of the neighborhoods in America.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the E 28th St / Gravesend Neck Rd neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.3% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.9% of all neighborhoods in America.

Diversity

Did you know that the E 28th St / Gravesend Neck Rd neighborhood has more Asian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 60.5% of this neighborhood's residents have Asian ancestry and 3.1% have Ukrainian ancestry.

E 28th St / Gravesend Neck Rd is also pretty special linguistically. Significantly, 53.7% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.

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 28th St / Gravesend Neck Rd neighborhood has a greater percentage of residents born in another country (61.8%) than are found in 99.4% of all U.S. neighborhoods.

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 E 28th St / Gravesend Neck Rd 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 67.9% of the neighborhoods in America. With 21.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.2% 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 E 28th St / Gravesend Neck Rd neighborhood, 48.8% 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 20.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.1%), and 14.8% 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 28th St / Gravesend Neck Rd neighborhood is Chinese, spoken by 53.7% of households. Other important languages spoken here include English, Russian and Spanish.

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 28th St / Gravesend Neck Rd neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (60.5%). There are also a number of people of Russian ancestry (4.0%), and residents who report Italian roots (3.9%), and some of the residents are also of Mexican ancestry (3.2%), along with some Ukrainian ancestry residents (3.1%), among others. In addition, 61.8% 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 28th St / Gravesend Neck Rd neighborhood spend between 45 minutes and one hour commuting one-way to work (39.2% of working residents), longer and tougher than most commutes in America.

Here most residents (31.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (27.3%) and 9.7% 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.


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