Buying a Business in East New York?
Congratulations on your decision to consider buying a business in the East New York neighborhood! This neighborhood on the east side of Brooklyn would be an excellent place to set up shop and join the New York community! Brooklyn, NY can be seen here.
Overview: East New York
This diverse neighborhood in Kings County comes with the urban feel that New York City is known for. East New York is the home of nearly 128,000 residents.
Even though most of the residents in East New York rent their homes, the average house in the area costs a little over $474,000 USD. The average rent is around $1,100 USD/Month. Click here to read about Buying a Business in Brighton Beach.
People of East New York
As mentioned already, much of the 128,000 resident population is made up of young professionals and families. In fact, 29 percent of the families in this neighborhood have children. The average household income hovers around $38,000 USD.
Businesses of East New York
Given the residential nature of East New York, there is a heavier focus on coffee shops, bars, and restaurants in the area.
Similar neighborhoods to East New York include the Unionport, Jamaica, and Corona neighborhoods.
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