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Real Estate Prices & Overview

Bleecker St / Wyckoff Ave median real estate price is $1,888,471, which is more expensive than 90.4% of the neighborhoods in New York and 97.0% of the neighborhoods in the U.S.

The average rental price in Bleecker St / Wyckoff Ave is currently $3,488, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.2% of the neighborhoods in New York.

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

Bleecker St / Wyckoff Ave 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 Bleecker St / Wyckoff 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 2000 and the present.

Real estate vacancies in Bleecker St / Wyckoff Ave are 4.8%, which is lower than one will find in 68.0% of American neighborhoods. Demand for real estate in Bleecker St / Wyckoff Ave 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

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 Bleecker St / Wyckoff Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 100,776 people per square mile, it is more densely populated than 99.7% 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 Bleecker St / Wyckoff Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, 91.5% of the real estate in the Bleecker St / Wyckoff Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, 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 Bleecker St / Wyckoff 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, 31.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.2% of America's neighborhoods.

Also of note, 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 57.6% of the residential real estate in the Bleecker St / Wyckoff Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

In the Bleecker St / Wyckoff Ave neighborhood, 47.7% 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.

Also, more people in Bleecker St / Wyckoff Ave choose to walk to work each day (17.3%) 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.

Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.1% of residents in the Bleecker St / Wyckoff Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Bleecker St / Wyckoff Ave neighborhood buck this trend. 56.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.1% of U.S. neighborhoods.

People

Of note, 65.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Diversity

Did you know that the Bleecker St / Wyckoff Ave neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.6% of this neighborhood's residents have Puerto Rican ancestry and 9.1% have Dominican ancestry.

Bleecker St / Wyckoff Ave is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 96.4% of the neighborhoods in America.

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 Bleecker St / Wyckoff 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 61.5% of U.S. neighborhoods. With 65.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.9% 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 Bleecker St / Wyckoff Ave neighborhood, 30.1% 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 executive, management, and professional occupations, with 28.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.4%), and 16.3% 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 Bleecker St / Wyckoff Ave neighborhood is Spanish, spoken by 54.7% of households. Other important languages spoken here include English and Chinese.

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 Bleecker St / Wyckoff Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (24.6%). There are also a number of people of Mexican ancestry (17.8%), and residents who report Dominican roots (9.1%), and some of the residents are also of Asian ancestry (7.1%), along with some Italian ancestry residents (5.9%), among others. In addition, 28.7% 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 Bleecker St / Wyckoff Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (35.2% of working residents), longer and tougher than most commutes in America.

Here most residents (47.7%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (17.3%) and 13.6% 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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