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Real Estate Prices & Overview

E 23rd St / Vanderveer Pl median real estate price is $1,314,740, which is more expensive than 86.0% of the neighborhoods in New York and 95.5% of the neighborhoods in the U.S.

The average rental price in E 23rd St / Vanderveer Pl is currently $3,037, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.1% of New York neighborhoods.

E 23rd St / Vanderveer Pl is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 23rd St / Vanderveer Pl real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 E 23rd St / Vanderveer Pl 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.

E 23rd St / Vanderveer Pl has a 14.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.6% 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

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.

People

Of note is NeighborhoodScout's research finding that the E 23rd St / Vanderveer Pl neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the E 23rd St / Vanderveer Pl community truly stands out from the rest in this regard.

Real Estate

The E 23rd St / Vanderveer Pl neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 57,696 persons per square mile in the neighborhood, it is more packed with people than 98.8% 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 E 23rd St / Vanderveer Pl neighborhood is one of the most walkable neighborhoods in America.

In addition, 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 E 23rd St / Vanderveer Pl neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 77.8% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.5% of the neighborhoods in the United States.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (25.0% ride the bus) than 99.3% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 35.6% of the E 23rd St / Vanderveer Pl neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.5% of America's neighborhoods.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the E 23rd St / Vanderveer Pl neighborhood have a highly unusual car ownership. 36.3% 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.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the E 23rd St / Vanderveer Pl neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 14.1% of its workforce, this neighborhood has a greater concentration of government workers than 96.5% of U.S. neighborhoods.

Diversity

Did you know that the E 23rd St / Vanderveer Pl neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.0% of this neighborhood's residents have Jamaican ancestry and 7.5% have Haitian ancestry.

E 23rd St / Vanderveer Pl is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 97.3% of the neighborhoods in America.

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 E 23rd St / Vanderveer Pl neighborhood in Brooklyn are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.0% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 E 23rd St / Vanderveer Pl neighborhood, 37.7% 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 34.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.5%), and 14.1% in government jobs, whether they are in local, state, or federal positions.

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 E 23rd St / Vanderveer Pl neighborhood is English, spoken by 88.2% of households. Other important languages spoken here include French, Arabic and Tagalog (the first language of the Philippine region).

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 E 23rd St / Vanderveer Pl neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (20.0%). There are also a number of people of Sub-Saharan African ancestry (7.5%), and residents who report Haitian roots (7.5%), and some of the residents are also of African ancestry (7.5%), along with some Asian ancestry residents (2.6%), among others. In addition, 30.4% 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 E 23rd St / Vanderveer Pl neighborhood spend between 45 minutes and one hour commuting one-way to work (61.7% of working residents), longer and tougher than most commutes in America.

Here most residents (35.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (25.9%) and 25.0% of residents also ride the bus 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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