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Real Estate Prices & Overview

Ocean Ave / Tennis Ct median real estate price is $1,259,622, which is more expensive than 84.3% of the neighborhoods in New York and 94.9% of the neighborhoods in the U.S.

The average rental price in Ocean Ave / Tennis Ct is currently $3,018, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.6% of New York neighborhoods.

Ocean Ave / Tennis Ct is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Ocean Ave / Tennis Ct 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Ocean Ave / Tennis Ct 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 6.5% in Ocean Ave / Tennis Ct. NeighborhoodScout analysis shows that this rate is lower than 57.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 Ocean Ave / Tennis Ct neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 111,276 people per square mile, it is more densely populated than 99.8% of America'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 Ocean Ave / Tennis Ct neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, the real estate in the Ocean Ave / Tennis Ct neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 97.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.5% of American neighborhoods.

Furthermore, renter-occupied real estate is dominant in the Ocean Ave / Tennis Ct neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 93.4%, which is higher than 97.7% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Also of note, the Ocean Ave / Tennis Ct neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 85.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Finally, 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 67.6% of the residential real estate in the Ocean Ave / Tennis Ct neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.1% 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 49.1% of the Ocean Ave / Tennis Ct neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.4% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 96.8% of U.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 Ocean Ave / Tennis Ct neighborhood have a highly unusual car ownership. 60.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.2% of U.S. neighborhoods.

Diversity

Did you know that the Ocean Ave / Tennis Ct neighborhood has more West Indian and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.7% of this neighborhood's residents have West Indian ancestry and 9.7% have Haitian ancestry.

Ocean Ave / Tennis Ct is also pretty special linguistically. Significantly, 13.5% 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 99.5% of the neighborhoods in America.

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 Ocean Ave / Tennis Ct neighborhood has a greater percentage of residents born in another country (47.2%) than are found in 96.9% 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 Ocean Ave / Tennis Ct 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 65.8% of U.S. neighborhoods. In addition, 8.3% 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 55.1% of America'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 Ocean Ave / Tennis Ct neighborhood, 33.9% 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 27.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.8%), and 15.4% 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 Ocean Ave / Tennis Ct neighborhood is English, spoken by 66.3% of households. Other important languages spoken here include Spanish, French and African languages.

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 Ocean Ave / Tennis Ct neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Mexican (10.8%). There are also a number of people of Haitian ancestry (9.7%), and residents who report Jamaican roots (9.5%), and some of the residents are also of Sub-Saharan African ancestry (4.4%), along with some Irish ancestry residents (3.4%), among others. In addition, 47.2% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Ocean Ave / Tennis Ct neighborhood spend between 45 minutes and one hour commuting one-way to work (50.6% of working residents), longer and tougher than most commutes in America.

Here most residents (49.1%) take the train to get to work. In addition, quite a number also ride the bus to get to work (13.6%) and 11.6% 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.


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