Greenpoint Southwest median real estate price is $1,651,846, which is more expensive than 92.0% of the neighborhoods in New York and 97.7% of the neighborhoods in the U.S.
The average rental price in Greenpoint Southwest is currently $5,187, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.6% of the neighborhoods in New York.
Greenpoint Southwest is a densely urban neighborhood (based on population density) located in Brooklyn, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Greenpoint Southwest real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Greenpoint Southwest 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 9.3% in Greenpoint Southwest. NeighborhoodScout analysis shows that this rate is lower than 41.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 like crowded places, then you will probably enjoy the the Greenpoint Southwest neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.4% of neighborhoods in the U.S., with 26,472 people per square mile living here. 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 Greenpoint Southwest neighborhood is one of the most walkable neighborhoods in America. Greenpoint Southwest is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Greenpoint Southwest is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, 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 Greenpoint Southwest 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 41.2% of the real estate here is made up of such dwellings, which is higher than 97.3% of all U.S. neighborhoods.
Furthermore, 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 65.2% of the residential real estate in the Greenpoint Southwest neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Modes of Transportation
If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 3.0% of the Greenpoint Southwest neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.7% of America's neighborhoods.
Also, in the Greenpoint Southwest neighborhood, 49.0% 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 99.4% of the neighborhoods in America.
Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 7.3% of residents in the Greenpoint Southwest neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.2% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
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 Greenpoint Southwest neighborhood have a highly unusual car ownership. 50.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.7% of U.S. neighborhoods.
People
If you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Greenpoint Southwest neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 97.2% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Greenpoint Southwest neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals and highly educated executives.
Occupations
Executives, managers and professionals make up 69.5% of the workforce in the Greenpoint Southwest neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.2% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Diversity
Did you know that the Greenpoint Southwest neighborhood has more Polish and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.8% of this neighborhood's residents have Polish ancestry and 1.6% have Austrian ancestry.
Greenpoint Southwest is also pretty special linguistically. Significantly, 11.5% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.
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 Greenpoint Southwest neighborhood in Brooklyn are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.1% of the neighborhoods in America. In addition, 9.5% 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 52.1% 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 Greenpoint Southwest neighborhood, 69.5% of the working population is employed in executive, management, and professional 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 16.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.4%), and 6.8% 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 Greenpoint Southwest neighborhood is English, spoken by 70.0% of households. Other important languages spoken here include Polish, Spanish, Chinese and French.
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Greenpoint Southwest neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Polish (20.8%). There are also a number of people of Irish ancestry (17.0%), and residents who report Italian roots (12.9%), and some of the residents are also of South American ancestry (8.2%), along with some English ancestry residents (5.8%), among others. In addition, 26.5% 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 Greenpoint Southwest neighborhood spend between 30 and 45 minutes commuting one-way to work (44.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (49.0%) take the train to get to work. In addition, quite a number also bicycle to get to work (7.3%) and 6.9% of residents also drive alone in a private automobile 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.
