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Real Estate Prices & Overview

Prospect Lefferts Gardens Northwest median real estate price is $1,382,615, which is more expensive than 83.7% of the neighborhoods in New York and 94.2% of the neighborhoods in the U.S.

The average rental price in Prospect Lefferts Gardens Northwest is currently $3,041, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.3% of New York neighborhoods.

Prospect Lefferts Gardens Northwest is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Prospect Lefferts Gardens 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Prospect Lefferts Gardens Northwest 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.

Home and apartment vacancy rates are 7.1% in Prospect Lefferts Gardens Northwest. NeighborhoodScout analysis shows that this rate is lower than 53.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 67.9% of the Prospect Lefferts Gardens Northwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 100.0% of America's neighborhoods.

Real Estate

The Prospect Lefferts Gardens Northwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 44,961 persons per square mile in the neighborhood, it is more packed with people than 98.2% 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 Prospect Lefferts Gardens Northwest neighborhood is one of the most walkable neighborhoods in America.

In addition, one of the really unique and interesting things about the look and setting of the Prospect Lefferts Gardens Northwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 70.7% 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 95.2% of all neighborhoods in America.

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 72.9% of the residential real estate in the Prospect Lefferts Gardens Northwest neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

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 Prospect Lefferts Gardens Northwest neighborhood have a highly unusual car ownership. 57.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.1% of U.S. neighborhoods.

People

One of the most interesting things about the Prospect Lefferts Gardens Northwest neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 52.7% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.9% of the neighborhoods in America.

Diversity

Did you know that the Prospect Lefferts Gardens Northwest neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.4% of this neighborhood's residents have Haitian ancestry and 5.8% have Jamaican ancestry.

Prospect Lefferts Gardens Northwest is also pretty special linguistically. Significantly, 12.7% 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 99.4% 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 Prospect Lefferts Gardens 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 45.4% of the neighborhoods in America. With 11.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.6% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Prospect Lefferts Gardens Northwest neighborhood, 57.9% 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 17.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.0%), and 9.3% 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 Prospect Lefferts Gardens Northwest neighborhood is English, spoken by 66.6% of households. Other important languages spoken here include Spanish and French.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Prospect Lefferts Gardens Northwest neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Haitian (13.4%). There are also a number of people of Sub-Saharan African ancestry (8.7%), and residents who report African roots (8.2%), and some of the residents are also of Jamaican ancestry (5.8%), along with some Irish ancestry residents (5.3%), among others. In addition, 35.5% 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 Prospect Lefferts Gardens Northwest neighborhood spend between 45 minutes and one hour commuting one-way to work (43.5% of working residents), longer and tougher than most commutes in America.

Here most residents (67.9%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (12.6%) . 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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