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Real Estate Prices & Overview

27th Ave / Bath Ave median real estate price is $1,138,518, which is more expensive than 82.9% of the neighborhoods in New York and 94.5% of the neighborhoods in the U.S.

The average rental price in 27th Ave / Bath Ave is currently $3,177, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.1% of New York neighborhoods.

27th Ave / Bath Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

27th Ave / Bath Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the 27th Ave / Bath Ave 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 7.9% in 27th Ave / Bath Ave. NeighborhoodScout analysis shows that this rate is lower than 48.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

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 27th Ave / Bath Ave 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 65.7% of the real estate here is made up of such dwellings, which is higher than 99.5% of all U.S. neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the 27th Ave / Bath Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.9% of neighborhoods in the U.S., with 29,620 people per square mile living here.

Modes of Transportation

In the 27th Ave / Bath Ave neighborhood, 41.5% 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, our research revealed that more commuters here take the bus to work (13.1% ride the bus) than 96.6% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

People

One of the really interesting characteristics about the 27th Ave / Bath 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 3.8% of college-friendly places to live in the state of New York.

Diversity

Did you know that the 27th Ave / Bath Ave neighborhood has more Asian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 43.5% of this neighborhood's residents have Asian ancestry and 4.1% have Arab ancestry.

27th Ave / Bath Ave is also pretty special linguistically. Significantly, 32.6% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.

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 27th Ave / Bath Ave neighborhood has a greater percentage of residents born in another country (49.4%) than are found in 97.5% 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 27th Ave / Bath Ave neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.9% of U.S. neighborhoods. With 12.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.1% 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 27th Ave / Bath Ave neighborhood, 30.2% 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 26.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.3%), and 20.0% in clerical, assistant, and tech support 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 27th Ave / Bath Ave neighborhood is English, spoken by 39.9% of households. Other important languages spoken here include Chinese, Spanish, Italian and Arabic.

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 27th Ave / Bath Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (43.5%). There are also a number of people of Italian ancestry (13.3%), and residents who report Puerto Rican roots (9.2%), and some of the residents are also of Mexican ancestry (5.2%), along with some Arab ancestry residents (4.1%), among others. In addition, 49.4% 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 27th Ave / Bath Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (60.5% of working residents), longer and tougher than most commutes in America.

Here most residents (41.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (36.5%) and 13.1% 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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