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Real Estate Prices & Overview

Gerritsen Beach Northwest median real estate price is $320,486, which is less expensive than 75.8% of New York neighborhoods and 66.7% of all U.S. neighborhoods.

The average rental price in Gerritsen Beach Northwest is currently $4,065, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.6% of the neighborhoods in New York.

Gerritsen Beach Northwest is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Gerritsen Beach Northwest real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Gerritsen Beach Northwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Gerritsen Beach Northwest, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 82.5% of all neighborhoods in the U.S. This means that the housing supply in Gerritsen Beach Northwest is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 get around.

Modes of Transportation

If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 5.3% of the Gerritsen Beach Northwest neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.8% of America's neighborhoods.

Also, our research revealed that more commuters here take the bus to work (24.5% ride the bus) than 99.3% 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.

Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 15.4% of the Gerritsen Beach Northwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.5% of America's neighborhoods.

Real Estate

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 Gerritsen Beach Northwest neighborhood, is that an incredible 82.0% 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.

In addition, the Gerritsen Beach Northwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 34,886 persons per square mile in the neighborhood, it is more packed with people than 97.5% of the nation's neighborhoods.

Furthermore, one of the really unique and interesting things about the look and setting of the Gerritsen Beach Northwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 75.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.9% of all neighborhoods in America.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Gerritsen Beach Northwest neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Gerritsen Beach Northwest neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.8% 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 96.2% of all neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Gerritsen Beach Northwest neighborhood buck this trend. 20.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.4% of U.S. neighborhoods.

Diversity

Did you know that the Gerritsen Beach Northwest neighborhood has more Russian and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.2% of this neighborhood's residents have Russian ancestry and 3.8% have Cuban ancestry.

Gerritsen Beach Northwest is also pretty special linguistically. Significantly, 6.3% 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.

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 Gerritsen Beach Northwest 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 56.1% of the neighborhoods in America. With 28.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.6% 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 Gerritsen Beach Northwest neighborhood, 36.9% 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 33.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.6%), and 12.0% in manufacturing and laborer 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 Gerritsen Beach Northwest neighborhood is English, spoken by 54.0% of households. Other important languages spoken here include Spanish, Chinese, Russian and Urdu (the national language of Pakistan).

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 Gerritsen Beach Northwest neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (21.1%). There are also a number of people of Italian ancestry (11.3%), and residents who report Irish roots (7.8%), and some of the residents are also of Russian ancestry (7.2%), along with some Polish ancestry residents (7.0%), among others. In addition, 36.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Gerritsen Beach Northwest neighborhood spend between 45 minutes and one hour commuting one-way to work (41.2% of working residents), longer and tougher than most commutes in America.

Here most residents (32.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (24.5%) and 15.4% of residents also take the train for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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