W 127th St / Malcolm X Blvd median real estate price is $565,313, which is more expensive than 78.8% of the neighborhoods in New York and 91.5% of the neighborhoods in the U.S.
The average rental price in W 127th St / Malcolm X Blvd is currently $1,298, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.1% of New York neighborhoods.
W 127th St / Malcolm X Blvd is a densely urban neighborhood (based on population density) located in New York, New York.
W 127th St / Malcolm X Blvd 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 W 127th St / Malcolm X 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.
Vacant apartments or homes are a major fact of life in W 127th St / Malcolm X Blvd. The current real estate vacancy rate here is 18.4%. This is higher than the rate of vacancies in 82.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.