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    AI-Generated Neighborhood Summary

    Location Overview

    2553 Bedford Ave is located in the Flatbush neighborhood of Brooklyn, NY. This area is known for its diverse community and vibrant cultural scene. Flatbush is historically rich, with many beautiful Victorian homes and close proximity to Prospect Park, offering plenty of green space and recreational opportunities. It has good access to public transportation, making it convenient for commuting to other parts of New York City.

    Crime Rate and Amenities

    Brooklyn as a whole can vary in crime rates depending on the specific neighborhood. Flatbush has seen improvements in safety over the years, but it's always wise to check the latest local crime statistics for the most current information. The area is served by the New York City Department of Education, with schools such as PS 152 School of Science & Technology and Erasmus Hall High School nearby. Amenities include grocery stores like Associated Supermarkets and several local eateries. Nearby attractions include Prospect Park, the Brooklyn Botanic Garden, and the Brooklyn Museum.

    Demographics and Economy

    The average household income in Flatbush is generally lower than the Brooklyn average, but it varies widely within different sections of the neighborhood and nearby areas such as Ditmas Park and Prospect Lefferts Gardens. Job growth in the area has been positive, with developments in retail, tech, and creative industries contributing to economic opportunities. The neighborhood's connection to major job centers like Downtown Brooklyn and Manhattan enhances employment prospects for residents.

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    StreetView
    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Unlock our premium report for a detailed neighborhood narrative that combines demographic, economic, and social indicators to give you a comprehensive understanding of this community.

    Median Home Price

    $666,700

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $58,851
    Nat'l Avg: $69,021

    Percent Under Poverty

    16%
    Nat'l Avg: 12%

    Median Contract Rent

    $1,375
    Nat'l Avg: $988

    Owners vs Renters

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    Vacant Housing Units

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    Unemployment Rate

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    College Degree

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    Dominant Race

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    Married-Couple Families

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    Owners Without Morgages

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    Mortgage ≥ 30% Income

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    Rent ≥ 30% Income

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    Non-US Citizens

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    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Prospect Park

    Park

    Kings County Hospital Center

    Hospital

    Associated Supermarkets

    Grocery

    Cafe Madeline

    Restaurant

    Planet Fitness

    Gym

    John F. Kennedy International Airport

    14 miles

    Erasmus Hall High School

    School

    Barclays Center

    Main Attraction

    Church Avenue Subway Station

    Public Transport

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    The property at 2553 Bedford Avenue, Brooklyn, NY 11226, built in 1910, spans 5,104 square feet on a 2,000 square foot lot.
    It was purchased for $770,000 in November 2020, with an estimated current value of $1,051,100, indicating a significant appreciation over the past few years.
    The assessed market value increased from $930,000 in 2020/21 to $1,229,000 in 2023/24, reflecting a positive trend in property valuation.
    Recent rental listings in the building show units priced between $2,499 and $3,495, suggesting a strong rental market in the area. These insights highlight the property's historical significance, substantial appreciation, and robust rental market presence.

    Custom Narratives

    The median listing price in Central Brooklyn is $650,000, with a median sold price of $665,000, indicating a competitive market.
    Flatbush offers a diverse community with 92% of residents noting the presence of sidewalks and 90% appreciating the walkability to grocery stores.
    The area boasts a Walk Score of 90 and a Transit Score of 100, highlighting its excellent accessibility and public transportation options.
    Proximity to amenities like Prospect Park and Brooklyn College enhances the neighborhood's appeal for families and students alike. These insights provide a comprehensive overview of the real estate market and community attributes surrounding 2553 Bedford Ave, Brooklyn, NY 11226.

    Green Flags

    Proximity to public transportation
    Vibrant cultural scene
    Diverse dining options
    Access to beautiful parks

    Red Flags

    Noise from traffic and street activity
    Limited parking availability
    Higher cost of living
    Occasional overcrowding in public areas
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

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    Historical Flooding

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