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Real Estate Prices & Overview

70th St / 11th Ave median real estate price is $1,964,042, which is more expensive than 93.8% of the neighborhoods in New York and 98.2% of the neighborhoods in the U.S.

The average rental price in 70th St / 11th Ave is currently $2,948, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.7% of New York neighborhoods.

70th St / 11th Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

70th St / 11th Ave 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 occupied by a mixture of owners and renters. Many of the residences in the 70th St / 11th Ave 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.

Home and apartment vacancy rates are 6.9% in 70th St / 11th Ave. NeighborhoodScout analysis shows that this rate is lower than 53.4% 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 70th St / 11th Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 19.2% of residents in the 70th St / 11th Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 100.0% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, in the 70th St / 11th Ave neighborhood, 36.0% 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 98.7% of the neighborhoods in America.

Real Estate

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 70th St / 11th Ave 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, 78.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.9% of America's neighborhoods.

In addition, 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 68,350 people per square mile, it is more densely populated than 99.1% of America's neighborhoods. 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 70th St / 11th Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 73.0% of the residential real estate in the 70th St / 11th Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.1% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

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 70th St / 11th Ave neighborhood has a highly unusual pattern of car ownership. 36.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.8% of U.S. neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The 70th St / 11th Ave neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the 70th St / 11th Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.9% 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 96.4% of all neighborhoods in America.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the 70th St / 11th Ave neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.0% of all American neighborhoods.

People

The 70th St / 11th Ave neighborhood stands out within New York for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.8% of college-friendly places to live in NY.

Diversity

Did you know that the 70th St / 11th Ave neighborhood has more Asian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 53.3% of this neighborhood's residents have Asian ancestry and 6.3% have Arab ancestry.

70th St / 11th Ave is also pretty special linguistically. Significantly, 46.5% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.

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 70th St / 11th Ave neighborhood has a greater percentage of residents born in another country (45.0%) than are found in 96.0% 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 70th St / 11th Ave neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.5% of U.S. neighborhoods. With 10.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.9% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the 70th St / 11th Ave neighborhood, 38.5% 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 executive, management, and professional occupations, with 34.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.1%), and 11.9% in manufacturing and laborer 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 70th St / 11th Ave neighborhood is Chinese, spoken by 46.5% of households. Other important languages spoken here include English, Arabic and Italian.

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 70th St / 11th Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (53.3%). There are also a number of people of Italian ancestry (18.3%), and residents who report Irish roots (6.9%), and some of the residents are also of Polish ancestry (6.8%), along with some Arab ancestry residents (6.3%), among others. In addition, 45.0% 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 70th St / 11th Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (34.9% of working residents), longer and tougher than most commutes in America.

Here most residents (36.0%) take the train to get to work. In addition, quite a number also bicycle to get to work (19.2%) and 12.4% of residents also drive alone in a private automobile 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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