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Real Estate Prices & Overview

Greenway N / Puritan Ave median real estate price is $2,286,890, which is more expensive than 95.8% of the neighborhoods in New York and 98.8% of the neighborhoods in the U.S.

The average rental price in Greenway N / Puritan Ave is currently $6,375, based on Ä¢¹½ÊÓÆµ's exclusive analysis. The average rental cost in this neighborhood is higher than 98.6% of the neighborhoods in New York.

Greenway N / Puritan Ave is a densely urban neighborhood (based on population density) located in Queens, New York.

Greenway N / Puritan Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Greenway N / Puritan 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 1970 and 1999.

Greenway N / Puritan Ave has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.1% 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 Greenway N / Puritan Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Greenway N / Puritan Ave neighborhood: a neighborhood in which more "urban sophisticates" live than 99.7% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and college students.

In addition, the first thing that you'll notice if you moved to this neighborhood is that an astounding 3.2% of the households are same sex couples. According to Ä¢¹½ÊÓÆµ's analysis, this is a higher proportion of same sex households than in 99.3% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Greenway N / Puritan Ave neighborhood should definitely be on your list of places to consider.

Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 1.0% of America's neighborhoods are wealthier than the Greenway N / Puritan Ave neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Finally, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Greenway N / Puritan Ave neighborhood, where 43.3% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.7% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 97.9% of the neighborhoods in America.

Occupations

The Greenway N / Puritan Ave neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.2% of the neighborhoods in America. In fact, 81.7% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Modes of Transportation

In the Greenway N / Puritan Ave neighborhood, 31.5% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, Ä¢¹½ÊÓÆµ's analysis reveals that this is a higher level of train ridership than in 98.4% of the neighborhoods in America.

Also, in the Greenway N / Puritan Ave neighborhood, many people's commute means walking from the bedroom to the home office. Ä¢¹½ÊÓÆµ's analysis found that 34.7% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.4% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Real Estate

Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Greenway N / Puritan Ave neighborhood could be your paradise. With 39.2% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 2.0% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

In addition, 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 Ä¢¹½ÊÓÆµ's exclusive and first quantitative walkable score index, the Greenway N / Puritan 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 Greenway N / Puritan Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 84.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.8% of the neighborhoods in the United States.

Diversity

Did you know that the Greenway N / Puritan Ave neighborhood has more Armenian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Armenian ancestry and 12.9% have Polish ancestry.

Greenway N / Puritan Ave is also pretty special linguistically. Significantly, 5.3% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.

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. Ä¢¹½ÊÓÆµ's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Greenway N / Puritan Ave neighborhood in Queens are wealthy, making it among the 15% highest income neighborhoods in America. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 99.0% of the neighborhoods in America. In addition, 1.6% 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 76.5% 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 Greenway N / Puritan Ave neighborhood, 81.7% 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 9.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.3%), and 7.3% in government jobs, whether they are in local, state, or federal positions.

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 Greenway N / Puritan Ave neighborhood is English, spoken by 52.2% of households. Other important languages spoken here include Chinese, Spanish, Japanese and Polish.

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 Greenway N / Puritan Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (36.8%). There are also a number of people of Polish ancestry (12.9%), and residents who report Irish roots (10.1%), and some of the residents are also of Italian ancestry (9.1%), along with some German ancestry residents (5.5%), among others. In addition, 33.2% 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 Greenway N / Puritan Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (51.2% of working residents), longer and tougher than most commutes in America.

Here most residents (31.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (22.9%) . 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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