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531 51st St

531 51st St

This Property At A Glance

Multi-Family Home

This is a Multi-Family Home.

531 51st St is a 3-floor, 3-unit Multi-Family Home in BROOKLYN. The building was built in 1899 and has 3,937 square feet of living space.

The typical wait time for a taxi at 531 51st St is 20 minutes.

As for the demographics around 531 51st St, the median age is 28, 55% of residents are married, and 55% of residents have at least one child. The median individual full-time income is about $23,746 and about 6% 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 46.6 inches and the average annual snowfall is 22.7 inches.

Location Building Financial Transportation Demographics Weather

Building

Building Type
Multi-Family
Unit Count
3
Floor Count
3
Build Year
1899
Building SQFT
3,937

Financial

Property Value Estimate*

$1,732,000
$1,137,000
$2,327,000
*Value Estimates are based on a variety of algorithmic factors. Click here to speak with a local neighborhood specialist who can provide you with a free, custom analysis of the value of this property.

Cost of living

National Average

Overall costs

16% lower than the national average

Housing costs

16% lower than the national average

Food & Beverage costs

13% lower than the national average

Transportation costs

17% lower than the national average

Apparel costs

14% lower than the national average

Entertainment costs

17% lower than the national average

Utility costs

11% lower than the national average

Healthcare costs

14% lower than the national average

Insurance costs

21% lower than the national average

Tobacco costs

8% lower than the national average

Income

The median household income in this area is
$41,818
Per year
The median full-time individual income in this area is
$23,746
Per year

Rent vs. Own

The percent of households occupied by renters is
80%
The percent of households occupied by owners is
19%

Tax Information

The sales tax rate in this area is
9.0%
The average annual property tax in this area is
$2,111

Transportation

Taxi Stats

The typical wait time for a taxi is
20
minutes at 51st Street and 5th Avenue

Commute Stats

The common time to leave for work in this neighborhood is
8:00 AM to 8:29 AM
The most common way to commute in this neighborhood is
Subway
The percent of households with at least one car in this area is
34%

Your Commute Times

Demographics

Census at a Glance

The median age is
28
Years Old
The most common education level in this area is
Less than High School
Households with children are
55%
of all households in this area
The percent of people in this area who are married is
55%

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
47
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
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