Cypress Hills St / Myrtle Ave median real estate price is $935,686, which is more expensive than 71.5% of the neighborhoods in New York and 89.3% of the neighborhoods in the U.S.
The average rental price in Cypress Hills St / Myrtle Ave is currently $3,328, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.4% of New York neighborhoods.
Cypress Hills St / Myrtle Ave is a densely urban neighborhood (based on population density) located in Queens, New York.
Cypress Hills St / Myrtle 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 renter occupied. Many of the residences in the Cypress Hills St / Myrtle Ave 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.
Real estate vacancies in Cypress Hills St / Myrtle Ave are 4.7%, which is lower than one will find in 68.5% of American neighborhoods. Demand for real estate in Cypress Hills St / Myrtle 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.
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 Cypress Hills St / Myrtle Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Cypress Hills St / Myrtle 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 68.7% of the real estate here is made up of such dwellings, which is higher than 99.7% of all U.S. neighborhoods.
In addition, the Cypress Hills St / Myrtle Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 55,839 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 Cypress Hills St / Myrtle Ave neighborhood is one of the most walkable neighborhoods in America.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Cypress Hills St / Myrtle Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 60.3% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.6% of the neighborhoods in the United States.
Modes of Transportation
In the Cypress Hills St / Myrtle 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.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.0% of residents in the Cypress Hills St / Myrtle Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.9% 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 Cypress Hills St / Myrtle Ave neighborhood have a highly unusual car ownership. 30.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.3% of U.S. neighborhoods.
People
With a nice mix of college students, safety from crime, and decent walkability, the Cypress Hills St / Myrtle Ave neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.4% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Diversity
Did you know that the Cypress Hills St / Myrtle Ave neighborhood has more South American and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.1% of this neighborhood's residents have South American ancestry and 18.3% have Polish ancestry.
Cypress Hills St / Myrtle Ave is also pretty special linguistically. Significantly, 9.5% 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 97.9% of the neighborhoods in America.
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 Cypress Hills St / Myrtle 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 62.9% of the neighborhoods in America. With 12.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.9% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Cypress Hills St / Myrtle Ave neighborhood, 36.4% 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 29.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.7%), and 7.2% 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 Cypress Hills St / Myrtle Ave neighborhood is Spanish, spoken by 34.2% of households. Other important languages spoken here include English, Polish, Italian and Arabic.
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 Cypress Hills St / Myrtle Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (22.1%). There are also a number of people of Polish ancestry (18.3%), and residents who report Puerto Rican roots (15.9%), and some of the residents are also of Italian ancestry (9.2%), along with some German ancestry residents (4.5%), among others. In addition, 37.9% of the residents of this neighborhood were born in another country.
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 Cypress Hills St / Myrtle Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (52.9% 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 (33.1%) and 12.3% of residents also carpool with coworkers, friends, or neighbors 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.
