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Real Estate Prices & Overview

69th St / Roosevelt Ave median real estate price is $628,540, which is more expensive than 48.4% of the neighborhoods in New York and 75.0% of the neighborhoods in the U.S.

The average rental price in 69th St / Roosevelt Ave is currently $3,212, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.8% of New York neighborhoods.

69th St / Roosevelt Ave is a densely urban neighborhood (based on population density) located in Queens, New York.

69th St / Roosevelt Ave 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 69th St / Roosevelt Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

69th St / Roosevelt Ave has a 9.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Queens, the 69th St / Roosevelt Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the 69th St / Roosevelt Ave neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 57.8% of the 69th St / Roosevelt Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.8% of America's neighborhoods.

Also, in the 69th St / Roosevelt Ave neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 12.4% of residents here. This is a higher proportion of walking commuters than we found in 96.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

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 82,623 people per square mile, it is more densely populated than 99.4% 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 69th St / Roosevelt Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, the 69th St / Roosevelt Ave 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 83.5% 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.

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 69th St / Roosevelt 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 31.4% of the real estate here is made up of such dwellings, which is higher than 95.1% of all U.S. neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the 69th St / Roosevelt Ave neighborhood buck this trend. 32.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.5% of U.S. neighborhoods.

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 69th St / Roosevelt Ave neighborhood. What is interesting to note, is that the 69th St / Roosevelt Ave neighborhood has a greater percentage of residents born in another country (62.9%) than are found in 99.4% of all U.S. neighborhoods.

Diversity

Did you know that the 69th St / Roosevelt Ave neighborhood has more Asian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 58.1% of this neighborhood's residents have Asian ancestry and 8.3% have South American ancestry.

69th St / Roosevelt Ave is also pretty special linguistically. Significantly, 19.6% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

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 69th St / Roosevelt Ave neighborhood in Queens are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.9% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 69th St / Roosevelt Ave neighborhood, 35.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.1%), and 10.7% in clerical, assistant, and tech support 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 69th St / Roosevelt Ave neighborhood is Spanish, spoken by 28.4% of households. Other important languages spoken here include Tagalog (the first language of the Philippine region), English, Chinese and Langs. of India.

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 69th St / Roosevelt Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (58.1%). There are also a number of people of South American ancestry (8.3%), and residents who report Irish roots (3.4%), and some of the residents are also of Spanish ancestry (3.3%), along with some German ancestry residents (2.9%), among others. In addition, 62.9% 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 69th St / Roosevelt Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (39.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (57.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (23.4%) and 12.4% of residents also hop out the door and walk to work 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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