Sunset Park South median real estate price is $1,744,637, which is more expensive than 92.4% of the neighborhoods in New York and 97.7% of the neighborhoods in the U.S.
The average rental price in Sunset Park South is currently $3,090, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.8% of New York neighborhoods.
Sunset Park South is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Sunset Park South 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 Sunset Park South 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.
Home and apartment vacancy rates are 7.2% in Sunset Park South. NeighborhoodScout analysis shows that this rate is lower than 52.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Sunset Park South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the Sunset Park South neighborhood buck this trend. 69.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.6% of U.S. neighborhoods.
Real Estate
The Sunset Park South neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,456 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation'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 Sunset Park South neighborhood is one of the most walkable neighborhoods in America.
In addition, 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 Sunset Park South 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 45.2% of the real estate here is made up of such dwellings, which is higher than 97.8% of all U.S. neighborhoods.
Furthermore, 88.0% of the real estate in the Sunset Park South neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Sunset Park South neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 62.2% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.0% of the neighborhoods in the United States.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 40.1% of the Sunset Park South neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.8% of America's neighborhoods.
Also, more people in Sunset Park South choose to walk to work each day (13.1%) 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.
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 Sunset Park South neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 15.7% 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 98.8% of all neighborhoods in America.
Diversity
Did you know that the Sunset Park South neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 83.7% of this neighborhood's residents have Asian ancestry.
Sunset Park South is also pretty special linguistically. Significantly, 77.7% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.
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 Sunset Park South neighborhood has a greater percentage of residents born in another country (67.1%) than are found in 99.6% of all U.S. neighborhoods.
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 Sunset Park South 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 63.6% of U.S. neighborhoods. With 19.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.4% of U.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 Sunset Park South neighborhood, 31.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 29.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.3%), and 14.3% 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 Sunset Park South neighborhood is Chinese, spoken by 77.7% of households. Other important languages spoken here include English and Spanish.
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 Sunset Park South neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (83.7%). There are also a number of people of Irish ancestry (4.0%), and residents who report Puerto Rican roots (2.6%), and some of the residents are also of Italian ancestry (2.0%), along with some Mexican ancestry residents (1.8%), among others. In addition, 67.1% of the residents of this neighborhood were born in another country.
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 Sunset Park South neighborhood spend between 30 and 45 minutes commuting one-way to work (36.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (15.7%) who commute over an hour in each direction.
Here most residents (40.1%) 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 (13.1%) and 12.8% 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.
