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Real Estate Prices & Overview

E 28th St / Gravesend Neck Rd median real estate price is $914,614, which is more expensive than 69.9% of the neighborhoods in New York and 88.5% of the neighborhoods in the U.S.

The average rental price in E 28th St / Gravesend Neck Rd is currently $2,668, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.3% of New York neighborhoods.

E 28th St / Gravesend Neck Rd is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 28th St / Gravesend Neck Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E 28th St / Gravesend Neck Rd 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 7.7% in E 28th St / Gravesend Neck Rd. NeighborhoodScout analysis shows that this rate is lower than 49.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Real Estate

If you love row houses and attached homes, you will probably really like the E 28th St / Gravesend Neck Rd 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, 55.0% of the residential real estate here is classified as row houses and attached homes.

In addition, the E 28th St / Gravesend Neck Rd neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 41,647 persons per square mile in the neighborhood, it is more packed with people than 98.0% 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 E 28th St / Gravesend Neck Rd neighborhood is one of the most walkable neighborhoods in America.

Modes of Transportation

In the E 28th St / Gravesend Neck Rd neighborhood, 31.1% 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 98.2% of the neighborhoods in America.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.8% of residents in the E 28th St / Gravesend Neck Rd neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.1% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

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 E 28th St / Gravesend Neck Rd neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.3% 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 97.9% of all neighborhoods in America.

Diversity

Did you know that the E 28th St / Gravesend Neck Rd neighborhood has more Asian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 60.5% of this neighborhood's residents have Asian ancestry and 3.1% have Ukrainian ancestry.

E 28th St / Gravesend Neck Rd is also pretty special linguistically. Significantly, 53.7% 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

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 E 28th St / Gravesend Neck Rd neighborhood has a greater percentage of residents born in another country (61.8%) than are found in 99.4% 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 E 28th St / Gravesend Neck Rd 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 67.9% of the neighborhoods in America. With 21.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.2% 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 E 28th St / Gravesend Neck Rd neighborhood, 48.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.1%), and 14.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 28th St / Gravesend Neck Rd neighborhood is Chinese, spoken by 53.7% of households. Other important languages spoken here include English, Russian and Spanish.

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 E 28th St / Gravesend Neck Rd neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (60.5%). There are also a number of people of Russian ancestry (4.0%), and residents who report Italian roots (3.9%), and some of the residents are also of Mexican ancestry (3.2%), along with some Ukrainian ancestry residents (3.1%), among others. In addition, 61.8% 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 28th St / Gravesend Neck Rd neighborhood spend between 45 minutes and one hour commuting one-way to work (39.2% of working residents), longer and tougher than most commutes in America.

Here most residents (31.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (27.3%) and 9.7% of residents also hop out the door and walk to work 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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