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Real Estate Prices & Overview

E 77th St / Flatlands Ave median real estate price is $794,552, which is more expensive than 61.9% of the neighborhoods in New York and 84.2% of the neighborhoods in the U.S.

The average rental price in E 77th St / Flatlands Ave is currently $3,613, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.9% of the neighborhoods in New York.

E 77th St / Flatlands Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 77th St / Flatlands Ave 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 77th St / Flatlands Ave 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 6.2% in E 77th St / Flatlands Ave. NeighborhoodScout analysis shows that this rate is lower than 58.9% 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

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 E 77th St / Flatlands Ave 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 78.4% of the real estate here is made up of such dwellings, which is higher than 99.9% of all U.S. neighborhoods.

In addition, the E 77th St / Flatlands Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 47,868 persons per square mile in the neighborhood, it is more packed with people than 98.3% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The E 77th St / Flatlands Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (24.6% ride the bus) than 99.3% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, in the E 77th St / Flatlands Ave neighborhood, 36.2% 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 98.6% of the neighborhoods in America.

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 E 77th St / Flatlands Ave neighborhood have a highly unusual car ownership. 22.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.9% of U.S. neighborhoods.

Diversity

Did you know that the E 77th St / Flatlands Ave neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.1% of this neighborhood's residents have Haitian ancestry and 13.0% have Jamaican ancestry.

E 77th St / Flatlands Ave is also pretty special linguistically. Significantly, 21.2% 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 99.8% 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 E 77th St / Flatlands Ave neighborhood. More residents of the E 77th St / Flatlands Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.9% 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 E 77th St / Flatlands Ave neighborhood has a greater percentage of residents born in another country (47.8%) than are found in 97.0% 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 77th St / Flatlands Ave 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 75.2% of the neighborhoods in America. In addition, 7.0% 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 58.6% of America'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 E 77th St / Flatlands Ave neighborhood, 38.5% 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 21.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.7%), and 18.0% 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 77th St / Flatlands Ave neighborhood is English, spoken by 72.3% of households. Other important languages spoken here include French 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 77th St / Flatlands Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Haitian (27.1%). There are also a number of people of Jamaican ancestry (13.0%), and residents who report Italian roots (1.7%), and some of the residents are also of Mexican ancestry (1.2%), along with some Arab ancestry residents (1.1%), among others. In addition, 47.8% 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 77th St / Flatlands Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (59.9% of working residents), longer and tougher than most commutes in America.

Here most residents (36.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (26.1%) and 24.6% 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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