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Real Estate Prices & Overview

39th Ave / 111th St median real estate price is $812,688, which is more expensive than 70.1% of the neighborhoods in New York and 88.7% of the neighborhoods in the U.S.

The average rental price in 39th Ave / 111th St is currently $3,554, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.1% of the neighborhoods in New York.

39th Ave / 111th St is a densely urban neighborhood (based on population density) located in Queens, New York.

39th Ave / 111th St 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 39th Ave / 111th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in 39th Ave / 111th St are 4.7%, which is lower than one will find in 70.0% of American neighborhoods. Demand for real estate in 39th Ave / 111th St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

In the 39th Ave / 111th St neighborhood, 64.1% 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 99.9% of the neighborhoods in America.

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 100,389 people per square mile, it is more densely populated than 99.7% 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 39th Ave / 111th St neighborhood is one of the most walkable neighborhoods in America.

In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The 39th Ave / 111th St neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 59.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.1% of America's neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the 39th Ave / 111th St neighborhood buck this trend. 61.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.3% of U.S. neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the 39th Ave / 111th St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.4% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.4% of all neighborhoods in America.

Diversity

Did you know that the 39th Ave / 111th St neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.8% of this neighborhood's residents have South American ancestry and 9.9% have Dominican ancestry.

39th Ave / 111th St is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the 39th Ave / 111th St neighborhood has a greater percentage of residents born in another country (60.5%) than are found in 99.2% 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 39th Ave / 111th St neighborhood in Queens are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.7% of the neighborhoods in America. With 15.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.6% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the 39th Ave / 111th St neighborhood, 38.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.5%), and 14.3% 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 39th Ave / 111th St neighborhood is Spanish, spoken by 75.6% of households. Other important languages spoken here include Chinese, English and Urdu (the national language of Pakistan).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the 39th Ave / 111th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (40.8%). There are also a number of people of Asian ancestry (16.6%), and residents who report Mexican roots (12.6%), and some of the residents are also of Dominican ancestry (9.9%), along with some Puerto Rican ancestry residents (1.3%), among others. In addition, 60.5% 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 39th Ave / 111th St neighborhood spend between 45 minutes and one hour commuting one-way to work (50.6% of working residents), longer and tougher than most commutes in America.

Here most residents (64.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (10.6%) and 10.2% of residents also carpool with coworkers, friends, or neighbors 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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