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.
Notable & Unique: Diversity
Did you know that the Ave Z / Knapp St neighborhood has more
Russian and Greek ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 10.2% of
this neighborhood's residents have Russian ancestry and 2.6% have Greek ancestry.
Ave Z / Knapp St is also pretty special linguistically. Significantly, 16.8% of its residents five years old and above primarily
speak Russian at home. While this may seem like a small percentage, it is higher
than 99.8% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
In the Ave Z / Knapp St neighborhood, 28.2% 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 97.3% of the
neighborhoods in America.
Notable & Unique: Real Estate
If you like crowded places, then you will probably enjoy the Ave Z / Knapp St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.7% of neighborhoods in the U.S., with 22,695 people per square mile living here.
In addition, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Ave Z / Knapp St neighborhood, is that an incredible 86.5% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
Furthermore, 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 Ave Z / Knapp St 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 37.2% of the real estate here is made up of such dwellings, which is higher than 95.8% of all U.S. neighborhoods.
Notable & Unique: People
Ave Z / Knapp St is ranked among the top 9.5%
of neighborhoods for first-time home buyers to consider
in the state of New York according to
NeighborhoodScout's exclusive analysis. Homes here are
priced below median housing values in the state, yet
maintain moderate appreciation rates compared to other
communities. Buying into the Ave Z / Knapp St
neighborhood is not only an accessible option but an
investment opportunity for many first-time home buyers.