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Real Estate Prices & Overview

South Side West median real estate price is $1,607,436, which is more expensive than 89.8% of the neighborhoods in New York and 97.1% of the neighborhoods in the U.S.

The average rental price in South Side West is currently $4,955, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.2% of the neighborhoods in New York.

South Side West is a densely urban neighborhood (based on population density) located in Brooklyn, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

South Side West 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 South Side West neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Home and apartment vacancy rates are 6.2% in South Side West. NeighborhoodScout analysis shows that this rate is lower than 57.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 South Side West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 119,606 people per square mile, it is more densely populated than 99.8% of America's neighborhoods. South Side West is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, South Side West is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, the real estate in the South Side West neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 95.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.1% of American neighborhoods.

Furthermore, renter-occupied real estate is dominant in the South Side West neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 90.7%, which is higher than 97.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the South Side West neighborhood. A whopping 67.6% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.0% of the neighborhoods in the U.S. Everything here just feels new.

Modes of Transportation

In the South Side West neighborhood, 13.1% of people ride a ferry 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 ferry ridership than in 100.0% of the neighborhoods in America.

Also, in the South Side West 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 19.6% of residents here. This is a higher proportion of walking commuters than we found in 98.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 24.6% of the South Side West neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.8% of America's neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the South Side West neighborhood buck this trend. 72.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.7% of U.S. neighborhoods.

Diversity

Did you know that the South Side West neighborhood has more Eastern European and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.8% of this neighborhood's residents have Eastern European ancestry and 5.4% have Hungarian ancestry.

South Side West is also pretty special linguistically. Significantly, 40.1% of its residents five years old and above primarily speak German/Yiddish at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.

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 South Side West neighborhood in Brooklyn are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.4% of the neighborhoods in America. With 15.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.5% 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 South Side West neighborhood, 63.1% 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 13.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.1%), and 10.4% 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 South Side West neighborhood is English, spoken by 45.1% of households. Other important languages spoken here include German/Yiddish and Spanish.

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 South Side West neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Eastern European (5.8%). There are also a number of people of Hungarian ancestry (5.4%), and residents who report South American roots (3.9%), and some of the residents are also of Asian ancestry (3.8%), along with some Spanish ancestry residents (3.8%), among others. In addition, 11.0% 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 South Side West neighborhood spend between 30 and 45 minutes commuting one-way to work (32.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (24.6%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (19.6%) and 13.1% of residents also ride a ferry 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.


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