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Real Estate Prices & Overview

E 16th St / Gravesend Neck Rd median real estate price is $1,080,939, which is more expensive than 80.7% of the neighborhoods in New York and 93.6% of the neighborhoods in the U.S.

The average rental price in E 16th St / Gravesend Neck Rd is currently $3,428, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.5% of the neighborhoods in New York.

E 16th St / Gravesend Neck Rd is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 16th St / Gravesend Neck Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 16th St / Gravesend Neck Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 8.8% in E 16th St / Gravesend Neck Rd. NeighborhoodScout analysis shows that this rate is lower than 44.0% 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 16th St / Gravesend Neck Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 39.7% of the E 16th St / Gravesend Neck Rd neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.8% of America's neighborhoods.

Real Estate

The E 16th St / Gravesend Neck Rd neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 42,077 persons per square mile in the neighborhood, it is more packed with people than 98.0% 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 E 16th St / Gravesend Neck Rd neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the E 16th St / Gravesend Neck Rd neighborhood could be your paradise. With 34.8% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 2.5% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

People

One of the really interesting characteristics about the E 16th St / Gravesend Neck Rd 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 3.0% of college-friendly places to live in the state of New York.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the E 16th St / Gravesend Neck Rd neighborhood buck this trend. 19.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.1% of U.S. neighborhoods.

Diversity

Did you know that the E 16th St / Gravesend Neck Rd neighborhood has more Russian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.3% of this neighborhood's residents have Russian ancestry and 59.1% have Asian ancestry.

E 16th St / Gravesend Neck Rd is also pretty special linguistically. Significantly, 43.0% 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

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the E 16th St / Gravesend Neck Rd neighborhood has a greater percentage of residents born in another country (61.3%) than are found in 99.3% 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 16th St / Gravesend Neck Rd 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 58.4% of the neighborhoods in America. With 26.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.3% 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 16th St / Gravesend Neck Rd neighborhood, 39.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.1%), 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 16th St / Gravesend Neck Rd neighborhood is Chinese, spoken by 43.0% of households. Other important languages spoken here include English, Russian 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 E 16th St / Gravesend Neck Rd neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (59.1%). There are also a number of people of Russian ancestry (8.3%), and residents who report Ukrainian roots (2.0%), and some of the residents are also of Romanian ancestry (1.9%), along with some Polish ancestry residents (1.9%), among others. In addition, 61.3% 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 16th St / Gravesend Neck Rd neighborhood spend between 45 minutes and one hour commuting one-way to work (54.1% of working residents), longer and tougher than most commutes in America.

Here most residents (39.7%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (30.3%) and 5.1% of residents also ride the bus 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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Schools include:
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