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Real Estate Prices & Overview

25th Ave / Benson Ave median real estate price is $1,711,335, which is more expensive than 90.5% of the neighborhoods in New York and 97.1% of the neighborhoods in the U.S.

The average rental price in 25th Ave / Benson Ave is currently $3,210, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.9% of New York neighborhoods.

25th Ave / Benson Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

25th Ave / Benson Ave 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 occupied by a mixture of owners and renters. Many of the residences in the 25th Ave / Benson Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in 25th Ave / Benson Ave are 4.0%, which is lower than one will find in 73.4% of American neighborhoods. Demand for real estate in 25th Ave / Benson Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 57.0% of the 25th Ave / Benson Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.7% of America's neighborhoods.

Real Estate

The 25th Ave / Benson Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 56,088 persons per square mile in the neighborhood, it is more packed with people than 98.7% 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 25th Ave / Benson Ave neighborhood is one of the most walkable neighborhoods in America.

In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The 25th Ave / Benson Ave neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 51.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.6% 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 25th Ave / Benson Ave neighborhood have a highly unusual car ownership. 39.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.0% of U.S. neighborhoods.

People

The 25th Ave / Benson Ave neighborhood stands out within New York for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.3% of college-friendly places to live in NY.

Diversity

Did you know that the 25th Ave / Benson Ave neighborhood has more Hungarian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.3% of this neighborhood's residents have Hungarian ancestry and 3.9% have Ukrainian ancestry.

25th Ave / Benson Ave is also pretty special linguistically. Significantly, 42.4% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 99.8% 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 25th Ave / Benson Ave neighborhood has a greater percentage of residents born in another country (50.2%) than are found in 97.7% 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 25th Ave / Benson Ave neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.9% of U.S. neighborhoods. With 33.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.9% 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 25th Ave / Benson Ave neighborhood, 30.9% of the working population is employed in clerical, assistant, and tech support 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 27.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.5%), and 19.2% 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 25th Ave / Benson Ave neighborhood is Chinese, spoken by 42.4% of households. Other important languages spoken here include English, Spanish, Arabic and Italian.

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 25th Ave / Benson Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (43.0%). There are also a number of people of Italian ancestry (17.6%), and residents who report Irish roots (9.4%), and some of the residents are also of Mexican ancestry (7.0%), along with some Arab ancestry residents (5.4%), among others. In addition, 50.2% 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 25th Ave / Benson Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (44.6% of working residents), longer and tougher than most commutes in America.

Here most residents (57.0%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (17.3%) and 8.7% 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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