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
Notable & Unique: 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 Park Ave / E 108th St neighborhood has
a highly unusual pattern of car ownership.
78.4% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.8% of U.S. neighborhoods.
Notable & Unique: Modes of Transportation
In the Park Ave / E 108th St neighborhood, 1.7% 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 99.6% of the neighborhoods in America.
Also, in the Park Ave / E 108th St neighborhood, 60.8% 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 99.3% of the
neighborhoods in America.
Finally, more people in Park Ave / E 108th St choose to walk to work each day
(13.5%) 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.
Notable & Unique: 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 80,113 people per square mile, it is more densely populated than 99.4% of America'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 Park Ave / E 108th St 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 Park Ave / E 108th St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 90.6% 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 98.6% of all neighborhoods in America.
Furthermore, renter-occupied real estate is dominant in the Park Ave / E 108th St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.3%, which is higher than 98.3% 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, the Park Ave / E 108th St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 83.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Notable & Unique: Diversity
Did you know that the Park Ave / E 108th St neighborhood has more
Dominican and Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 15.7% of
this neighborhood's residents have Dominican ancestry and 23.5% have Puerto Rican ancestry.