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Real Estate Prices & Overview

58th Ave / 59th St median real estate price is $942,106, which is more expensive than 73.6% of the neighborhoods in New York and 90.5% of the neighborhoods in the U.S.

The average rental price in 58th Ave / 59th St is currently $3,291, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.6% of the neighborhoods in New York.

58th Ave / 59th St is a densely urban neighborhood (based on population density) located in Queens, New York.

58th Ave / 59th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the 58th Ave / 59th St 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.

58th Ave / 59th St has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.3% 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.

Notable & Unique Neighborhood Characteristics

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 get around.

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 58th Ave / 59th St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 21.1% 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 99.6% of all neighborhoods in America.

Real Estate

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 58th Ave / 59th St 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 61.8% of the real estate here is made up of such dwellings, which is higher than 99.3% of all U.S. neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the 58th Ave / 59th St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.2% of neighborhoods in the U.S., with 21,173 people per square mile living here. 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 58th Ave / 59th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.7% of U.S. neighborhoods.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 21.1% of the 58th Ave / 59th St neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.3% of America's neighborhoods.

Finally, in the 58th Ave / 59th St 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 14.1% of residents here. This is a higher proportion of walking commuters than we found in 96.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the 58th Ave / 59th St neighborhood has more Polish and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 36.2% of this neighborhood's residents have Polish ancestry and 11.7% have South American ancestry.

58th Ave / 59th St is also pretty special linguistically. Significantly, 21.4% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 99.8% 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 58th Ave / 59th St neighborhood has a greater percentage of residents born in another country (46.6%) than are found in 96.7% of all U.S. neighborhoods.

The Neighbors

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 58th Ave / 59th St neighborhood in Queens are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.2% of U.S. neighborhoods. In addition, 9.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 52.6% of America'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 58th Ave / 59th St neighborhood, 35.2% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.1%), and 11.9% 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 58th Ave / 59th St neighborhood is English, spoken by 31.5% of households. Other important languages spoken here include Spanish, Polish, Arabic and Russian.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the 58th Ave / 59th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Polish (36.2%). There are also a number of people of South American ancestry (11.7%), and residents who report Italian roots (10.6%), and some of the residents are also of Dominican ancestry (5.1%), along with some French ancestry residents (4.7%), among others. In addition, 46.6% 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 58th Ave / 59th St neighborhood spend between 45 minutes and one hour commuting one-way to work (30.6% of working residents), longer and tougher than most commutes in America.

Here most residents (33.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (21.1%) and 20.6% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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