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Brooklyn, NY (Kings Hwy / Van Sicklen St)







Real Estate Prices & Overview

Kings Hwy / Van Sicklen St median real estate price is $1,443,648, which is more expensive than 87.2% of the neighborhoods in New York and 96.0% of the neighborhoods in the U.S.

The average rental price in Kings Hwy / Van Sicklen St is currently $3,352, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.6% of New York neighborhoods.

Kings Hwy / Van Sicklen St is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Kings Hwy / Van Sicklen St 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 Kings Hwy / Van Sicklen St 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.

In Kings Hwy / Van Sicklen St, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Kings Hwy / Van Sicklen St is very tight compared to the demand for property here.

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

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Kings Hwy / Van Sicklen St neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, the Kings Hwy / Van Sicklen St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 52,874 persons per square mile in the neighborhood, it is more packed with people than 98.6% 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 Kings Hwy / Van Sicklen St neighborhood is one of the most walkable neighborhoods in America.

Furthermore, 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 Kings Hwy / Van Sicklen St 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 39.8% of the real estate here is made up of such dwellings, which is higher than 97.0% of all U.S. neighborhoods.

Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 66.4% of the residential real estate in the Kings Hwy / Van Sicklen St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 29.1% of the Kings Hwy / Van Sicklen St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.1% 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 Kings Hwy / Van Sicklen St neighborhood have a highly unusual car ownership. 28.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.0% of U.S. neighborhoods.

People

With a nice mix of college students, safety from crime, and decent walkability, the Kings Hwy / Van Sicklen St neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.9% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Kings Hwy / Van Sicklen St neighborhood has more Russian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.4% of this neighborhood's residents have Russian ancestry and 9.4% have Arab ancestry.

Kings Hwy / Van Sicklen St is also pretty special linguistically. Significantly, 8.2% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Kings Hwy / Van Sicklen St neighborhood. More residents of the Kings Hwy / Van Sicklen St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.5% 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 Kings Hwy / Van Sicklen St neighborhood has a greater percentage of residents born in another country (58.7%) than are found in 99.1% 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 Kings Hwy / Van Sicklen St 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 84.3% of the neighborhoods in America. With 24.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.6% of U.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 Kings Hwy / Van Sicklen St neighborhood, 38.0% 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 31.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.3%), and 14.5% 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 Kings Hwy / Van Sicklen St neighborhood is Chinese, spoken by 17.2% of households. Other important languages spoken here include English, Arabic, Italian and Spanish.

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 Kings Hwy / Van Sicklen St neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (37.5%). There are also a number of people of Russian ancestry (15.4%), and residents who report Arab roots (9.4%), and some of the residents are also of Italian ancestry (4.3%), along with some Ukrainian ancestry residents (2.7%), among others. In addition, 58.7% 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 Kings Hwy / Van Sicklen St neighborhood spend between 45 minutes and one hour commuting one-way to work (56.4% of working residents), longer and tougher than most commutes in America.

Here most residents (29.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (26.9%) and 18.8% of residents also carpool with coworkers, friends, or neighbors 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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