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Real Estate Prices & Overview

Linden Blvd / Albany Ave median real estate price is $746,831, which is more expensive than 65.7% of the neighborhoods in New York and 86.3% of the neighborhoods in the U.S.

The average rental price in Linden Blvd / Albany Ave is currently $2,724, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.9% of New York neighborhoods.

Linden Blvd / Albany Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Linden Blvd / Albany Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Linden Blvd / Albany Ave neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Linden Blvd / Albany Ave has a 12.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Linden Blvd / Albany Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Linden Blvd / Albany Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 47,501 persons per square mile in the neighborhood, it is more packed with people than 98.3% of the nation'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 Linden Blvd / Albany Ave neighborhood is one of the most walkable neighborhoods in America.

In addition, 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 Linden Blvd / Albany 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 39.5% of the real estate here is made up of such dwellings, which is higher than 96.8% of all U.S. neighborhoods.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 63.7% of the residential real estate in the Linden Blvd / Albany Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Linden Blvd / Albany Ave neighborhood has a highly unusual pattern of car ownership. 48.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.6% of U.S. neighborhoods.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 97.9% of U.S. neighborhoods.

Also, in the Linden Blvd / Albany Ave neighborhood, 26.3% 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 97.7% of the neighborhoods in America.

Finally, in the Linden Blvd / Albany Ave neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 11.2% of residents here. This is a higher proportion of walking commuters than we found in 95.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the Linden Blvd / Albany Ave neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.1% of this neighborhood's residents have Jamaican ancestry and 12.2% have Haitian ancestry.

Linden Blvd / Albany Ave is also pretty special linguistically. Significantly, 9.1% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.

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 Linden Blvd / Albany Ave neighborhood has a greater percentage of residents born in another country (50.1%) than are found in 97.7% 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 Linden Blvd / Albany Ave 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 54.9% of the neighborhoods in America. With 13.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.1% 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 Linden Blvd / Albany Ave neighborhood, 36.4% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.8%), and 14.7% 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 Linden Blvd / Albany Ave neighborhood is English, spoken by 78.4% of households. Other important languages spoken here include French, Spanish and African languages.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Linden Blvd / Albany Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (17.1%). There are also a number of people of Haitian ancestry (12.2%), and residents who report South American roots (7.6%), and some of the residents are also of Sub-Saharan African ancestry (6.8%), along with some African ancestry residents (4.5%), among others. In addition, 50.1% 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 Linden Blvd / Albany Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (42.6% of working residents), longer and tougher than most commutes in America.

Here most residents (30.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (26.3%) and 17.8% of residents also ride the bus 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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