E 48th St / Linden Blvd median real estate price is $620,508, which is more expensive than 51.6% of the neighborhoods in New York and 76.4% of the neighborhoods in the U.S.
The average rental price in E 48th St / Linden Blvd is currently $2,966, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.4% of New York neighborhoods.
E 48th St / Linden Blvd is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
E 48th St / Linden Blvd 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 renter occupied. Many of the residences in the E 48th St / Linden Blvd 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.
E 48th St / Linden Blvd has a 15.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.2% 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.
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
The E 48th St / Linden Blvd neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 59,378 persons per square mile in the neighborhood, it is more packed with people than 98.8% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The E 48th St / Linden Blvd neighborhood is among the top 5% of American neighborhoods in terms of walkability.
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 E 48th St / Linden Blvd 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 48.1% of the real estate here is made up of such dwellings, which is higher than 98.2% 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 63.5% of the residential real estate in the E 48th St / Linden Blvd neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.3% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 45.2% of the E 48th St / Linden Blvd neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.1% of America's neighborhoods.
Also, more people in E 48th St / Linden Blvd choose to walk to work each day (12.9%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
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 E 48th St / Linden Blvd neighborhood have a highly unusual car ownership. 35.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.7% of U.S. neighborhoods.
Diversity
Did you know that the E 48th St / Linden Blvd neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.6% of this neighborhood's residents have Haitian ancestry and 12.7% have Jamaican ancestry.
E 48th St / Linden Blvd is also pretty special linguistically. Significantly, 9.9% 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 99.1% 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 E 48th St / Linden Blvd neighborhood has a greater percentage of residents born in another country (50.6%) than are found in 97.8% of all U.S. neighborhoods.
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 E 48th St / Linden Blvd 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 66.2% of U.S. neighborhoods. With 37.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.3% 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 E 48th St / Linden Blvd neighborhood, 43.0% 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 20.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.6%), and 17.3% 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 E 48th St / Linden Blvd neighborhood is English, spoken by 69.3% of households. Other important languages spoken here include Spanish, French, Arabic 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 E 48th St / Linden Blvd neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (12.7%). There are also a number of people of Haitian ancestry (11.6%), and residents who report Sub-Saharan African roots (11.3%), and some of the residents are also of African ancestry (8.8%), along with some Arab ancestry residents (6.7%), among others. In addition, 50.6% of the residents of this neighborhood were born in another country.
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 E 48th St / Linden Blvd neighborhood spend between 45 minutes and one hour commuting one-way to work (45.5% of working residents), longer and tougher than most commutes in America.
Here most residents (45.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (26.9%) and 12.9% of residents also hop out the door and walk to work 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.
