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
Notable & Unique: Diversity
Did you know that the Bay Pky / 86th St neighborhood has more
Ukrainian and Russian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 9.2% of
this neighborhood's residents have Ukrainian ancestry and 9.8% have Russian ancestry.
Bay Pky / 86th St is also pretty special linguistically. Significantly, 20.2% 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 99.9% of the neighborhoods in America.
Notable & Unique: Real Estate
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 67,084 people per square mile, it is more densely populated than 99.2% of America'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 Bay Pky / 86th St neighborhood is one of the most walkable neighborhoods in America.
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 1.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Bay Pky / 86th St neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
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 Bay Pky / 86th 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 36.4% of the real estate here is made up of such dwellings, which is higher than 95.6% of all U.S. neighborhoods.
Notable & Unique: 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 Bay Pky / 86th St
neighborhood has a greater percentage of residents born in another country
(55.3%) than are found in 98.7% of all U.S. neighborhoods.
Notable & Unique: 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 Pky / 86th St neighborhood have a highly unusual car ownership.
47.7% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
98.4% of U.S. neighborhoods.
Notable & Unique: Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 41.4% of the
Bay Pky / 86th St neighborhood's commuters ride the train to and from work each
day, which is more than we found in 98.2% of America's
Also, more people ride the bus in this neighborhood each day to get to work
than 97.5% of U.S. neighborhoods.
Notable & Unique: People
One of the really interesting characteristics about the
Bay Pky / 86th St 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 4.3% of college-friendly places to live in
the state of New York.