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Real Estate Prices & Overview

E 104th St / Ave L median real estate price is $821,332, which is more expensive than 63.8% of the neighborhoods in New York and 85.5% of the neighborhoods in the U.S.

The average rental price in E 104th St / Ave L is currently $3,318, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.7% of New York neighborhoods.

E 104th St / Ave L is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 104th St / Ave L real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E 104th St / Ave L neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 7.2% in E 104th St / Ave L. NeighborhoodScout analysis shows that this rate is lower than 52.4% 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 E 104th St / Ave L neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 E 104th St / Ave L 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 E 104th St / Ave L neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 21.6% 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 99.7% of all neighborhoods in America.

Real Estate

Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the E 104th St / Ave L neighborhood, is that an incredible 89.2% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

In addition, if you love row houses and attached homes, you will probably really like the E 104th St / Ave L neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 33.7% of the residential real estate here is classified as row houses and attached homes.

Furthermore, the E 104th St / Ave L neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 37,909 persons per square mile in the neighborhood, it is more packed with people than 97.8% of the nation's neighborhoods.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 35.7% of the E 104th St / Ave L 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.

Also, more people ride the bus in this neighborhood each day to get to work than 97.8% of U.S. neighborhoods.

Diversity

Did you know that the E 104th St / Ave L neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.6% of this neighborhood's residents have Jamaican ancestry and 14.8% have Haitian ancestry.

E 104th St / Ave L is also pretty special linguistically. Significantly, 11.3% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.3% 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 E 104th St / Ave L neighborhood has a greater percentage of residents born in another country (42.3%) than are found in 95.0% 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 E 104th St / Ave L neighborhood in Brooklyn are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.6% of the neighborhoods in America. In addition, 4.5% 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 66.4% of America'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 E 104th St / Ave L neighborhood, 39.8% 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 22.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.6%), 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 E 104th St / Ave L neighborhood is English, spoken by 79.8% of households. Other important languages spoken here include French, Spanish and African languages.

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 E 104th St / Ave L neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (23.6%). There are also a number of people of Haitian ancestry (14.8%), and residents who report Dominican roots (2.6%), and some of the residents are also of South American ancestry (2.3%), along with some Asian ancestry residents (2.0%), among others. In addition, 42.3% 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 E 104th St / Ave L neighborhood spend between 45 minutes and one hour commuting one-way to work (37.9% of working residents), longer and tougher than most commutes in America.

Here most residents (39.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (35.7%) and 16.6% 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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