Cypress Hills South median real estate price is $1,018,682, which is more expensive than 68.2% of the neighborhoods in New York and 87.4% of the neighborhoods in the U.S.
The average rental price in Cypress Hills South is currently $3,572, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.6% of the neighborhoods in New York.
Cypress Hills South is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Cypress Hills South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Cypress Hills 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 1970 and 1999.
Cypress Hills South has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.0% 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.
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 Cypress Hills South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
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 Cypress Hills 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 83.7% of the real estate here is made up of such dwellings, which is higher than 100.0% of all U.S. neighborhoods.
In addition, the Cypress Hills South neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 40,895 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 Cypress Hills South neighborhood is one of the most walkable neighborhoods in America.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 25.0% of the Cypress Hills South neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.7% of America's neighborhoods.
People
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Cypress Hills South neighborhood has more single mother households than 97.7% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Cypress Hills South neighborhood has a highly unusual pattern of car ownership. 31.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.3% of U.S. neighborhoods.
Diversity
Did you know that the Cypress Hills South neighborhood has more Dominican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 36.4% of this neighborhood's residents have Dominican ancestry and 6.2% have Haitian ancestry.
Cypress Hills South is also pretty special linguistically. Significantly, 1.3% 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 98.2% 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. More residents of the Cypress Hills South neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.8% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the Cypress Hills South neighborhood has a greater percentage of residents born in another country (44.4%) than are found in 95.9% 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 Cypress Hills South 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 40.9% of the neighborhoods in America. With 29.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.3% 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 Cypress Hills South neighborhood, 33.4% 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 manufacturing and laborer occupations, with 27.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.0%), and 17.0% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Cypress Hills South neighborhood is English, spoken by 51.9% of households. Some people also speak Spanish (46.0%).
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 Cypress Hills South neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Dominican (36.4%). There are also a number of people of Spanish ancestry (12.0%), and residents who report Puerto Rican roots (7.0%), and some of the residents are also of Haitian ancestry (6.2%), along with some Asian ancestry residents (6.0%), among others. In addition, 44.4% 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 Cypress Hills South neighborhood spend between 30 and 45 minutes commuting one-way to work (49.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (45.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (25.0%) and 9.2% 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.
