Townhouse: 531 Atlantic Avenue

531 Atlantic Ave

This Property At a Glance

Commercial Building

This is a Commercial Building.

Tree-Lined Streets

There are 172 street trees within a block of 531 Atlantic Ave.

Townhouse: 531 Atlantic Avenue is a 3-floor, 2-unit Commercial Building in Brooklyn. Homes in this area are typically worth between $638,281 and $1,489,322.

The closest subway access includes the 2, 3, 4, and 5 at 4th Ave & Pacific St, there are 3 Citi Bike stations nearby, and the typical wait time for a taxi at Townhouse: 531 Atlantic Avenue is 2 minutes.

As for the demographics around Townhouse: 531 Atlantic Avenue, the median age is 34, 31% of residents are married, and 18% of residents have at least one child. The median individual full-time income is about $73,922 and about 36% of adults here have a bachelor's degree or higher.

Regarding weather, the average summer temperature is 77.1°F, while the average winter temperature is 33.1°F. The average annual rainfall is 46.1 inches and the average annual snowfall is 22.7 inches.

Building

Building Type
Commercial
Unit Count
2
Floor Count
3

Financial

Value Estimate*

$1,063,802
$638,281
$1,489,323
*Value Estimate range is for typical homes in this area. Click here to speak with a neighborhood specialist who can provide you with a free, custom valuation of this property.

Cost of living

National Average

Overall costs

36% higher than the national average

Housing costs

39% higher than the national average

Food & Beverage costs

32% higher than the national average

Transportation costs

26% higher than the national average

Apparel costs

40% higher than the national average

Entertainment costs

37% higher than the national average

Utility costs

29% higher than the national average

Healthcare costs

29% higher than the national average

Insurance costs

51% higher than the national average

Tobacco costs

16% higher than the national average

Income

The median household income in this area is
$80,461
Per year
The median full-time individual income in this area is
$73,922
Per year

Rent vs. Own

The percent of households occupied by renters is
79%
The percent of households occupied by owners is
20%

Tax Information

The sales tax rate in this area is
9.0%
The average annual property tax in this area is
$4,188

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Transportation

Subway Access

4th Ave & Pacific St
2
3
4
5
B
D
N
Q
R
2 min
Fort Greene Pl & Lafayette Ave
G
4 min

Taxi Stats

The typical wait time for a taxi is
2
minutes at Schermerhorn Street and Flatbush Avenue
In a typical hour
76
available taxis pass by Schermerhorn Street and Flatbush Avenue

Commute Stats

The common time to leave for work in this neighborhood is
9:00 AM to 9:59 AM
The most common way to commute in this neighborhood is
Subway
There are
3
Citi Bike Stations within 3 blocks of Townhouse: 531 Atlantic Avenue
The percent of households with at least one car in this area is
27%

Your Commute Times

Local Quality

Street Trees

172 street trees within a block of Townhouse: 531 Atlantic Avenue

75 street trees is typical around buildings in Brooklyn

Crime

Crime at a Glance

Demographics

Census at a Glance

The median age is
35
Years Old

Upgrade to see detailed census data

Is the neighborhood around this building filled with the post-college party crowd, overrun with young parents and strollers, or more senior-friendly? Is it a wealthier area, an up-and-coming neighborhood, or a bit on the grittier side?

The most common education level in this area is
Bachelor's Degree
Households with children are
18%
of all households in this area
The percent of people in this area who are married is
31%

Weather & Natural Disasters

Weather

The average temperature in this area during the winter is
33°F
The average temperature in this area during the summer is
77°F
The average rainfall in this area is
46
inches annually
The average snow in this area is
23
inches annually

Natural Disasters

Risk of storms
in this area is
mild
Risk of earthquakes
in this area is
mild
Risk of hurricanes
in this area is
mild
Risk of tornadoes
in this area is
low
Risk of hailstorms
in this area is
mild
Risk of windstorms
in this area is
high

Flood Zone Map

Flood Zones

Low Risk High Risk