The specified location identifies a residential address within a densely populated area of New York City. It serves as a unique designator for a particular property, enabling accurate mail delivery, emergency services dispatch, and property record management. As a physical point, it provides a fixed reference for navigation and geographical data analysis.
Precise addresses are fundamental to urban planning, census data collection, and real estate transactions. The ability to pinpoint a specific location is essential for efficient resource allocation, infrastructure development, and ensuring that residents receive necessary services. Historically, such designations have evolved from rudimentary descriptions to standardized formats for increased accuracy and efficiency.
Understanding the implications of this specific locale requires examining factors such as local demographics, property values, zoning regulations, and access to public transportation. Further analysis will explore these elements in detail, providing a comprehensive view of the area’s characteristics and opportunities.
1. Residential occupancy
Residential occupancy at the identified location, 5 gabriel drive bronx ny, is a primary determinant of its function and associated socioeconomic factors. Occupancy, or the presence of residents, dictates the demand for local services such as utilities, sanitation, and emergency response. A vacant property, conversely, presents different challenges, potentially contributing to urban blight and decreased property values in the surrounding area. The occupancy status, therefore, directly influences the community’s well-being and resource allocation. For example, a fully occupied building generates more tax revenue, which can be used to improve local schools and infrastructure.
Furthermore, understanding the nature of residential occupancy – whether it’s owner-occupied or renter-occupied – provides insights into housing stability, community engagement, and social dynamics. Owner-occupied residences often indicate a higher level of investment and community involvement, while renter-occupied properties may exhibit greater transience. This distinction is critical for policymakers and urban planners when addressing issues related to housing affordability, community development, and neighborhood revitalization. Consider, for example, the impact of a high percentage of absentee landlords on property maintenance and community cohesion.
In summary, residential occupancy is an integral component of the defined location. It shapes the community’s social, economic, and physical landscape. Monitoring occupancy rates and patterns provides valuable data for effective governance, community development initiatives, and ensuring the safety and well-being of the residents. The impact of this is measurable, as evidenced by the effect of high occupancy on business revenue and local economic development.
2. Geographic coordinates
The precision inherent in geographic coordinates is fundamental to accurately defining “5 gabriel drive bronx ny” as a unique location. These coordinates translate a human-readable address into a universally understood spatial reference, allowing for precise mapping, analysis, and data integration.
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Latitude and Longitude
Latitude and longitude, expressed in degrees, minutes, and seconds, or decimal degrees, mathematically pinpoint the address’s position on the Earth’s surface. This allows for precise mapping on GIS systems. Failure to account for latitude and longitude may cause a misidentification of location.
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Elevation
While not always explicitly stated, elevation adds a third dimension to the address, especially relevant in areas with significant topographical variation. Knowing the elevation of 5 gabriel drive bronx ny may be useful for flood risk assessments or infrastructure considerations, such as utility planning. Accurate identification of elevation is vital for construction projects.
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Spatial Relationships
Geographic coordinates enable the analysis of spatial relationships between 5 gabriel drive bronx ny and surrounding features, such as schools, parks, transportation hubs, or businesses. This proximity analysis is crucial for urban planning, service delivery, and understanding the local context. Determining the spatial relationship may influence access to public services.
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Data Integration
Converting the address to geographic coordinates allows integration with various datasets, including census data, crime statistics, environmental information, and property records. This integration facilitates comprehensive analysis and informed decision-making related to the location. This analysis can aid in identifying community needs and trends.
In conclusion, geographic coordinates transform the street address into a powerful analytical tool. By quantifying its precise location, the address can be situated within a broader context, enabling a deeper understanding of its characteristics and its relationship to the surrounding environment. This transformation of information strengthens the capacity for effective urban planning, resource allocation, and targeted service delivery, reinforcing the importance of understanding the location of “5 gabriel drive bronx ny”.
3. Property valuation
Property valuation, when applied to “5 gabriel drive bronx ny,” provides a crucial lens through which the economic significance of the address can be understood. It quantifies the market worth of the property, impacting taxation, investment decisions, and overall community economic health. Understanding the factors influencing this valuation is paramount.
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Market Comparables
The valuation of real estate at “5 gabriel drive bronx ny” is significantly influenced by comparable sales within the immediate vicinity. These ‘comps’ establish a baseline, reflecting the prevailing market rates for similar properties. Discrepancies in square footage, lot size, condition, or recent renovations relative to these comparables directly affect the assessed value. An increase in nearby property values typically translates to an increase in the valuation of “5 gabriel drive bronx ny,” affecting property taxes and potential resale value. For example, a newly renovated house on the same street selling for a premium will likely increase the assessed value of neighboring properties.
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Location Attributes
Beyond the physical structure, location attributes exert a substantial influence on property valuation. Proximity to amenities, such as parks, schools, and public transportation, tends to increase value. Conversely, proximity to undesirable elements, like heavy traffic areas or industrial zones, can detract from it. The perceived safety and desirability of the neighborhood play a significant role, influencing demand and, consequently, property value. A property near a highly-rated school, for instance, often commands a higher price than one farther away.
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Economic Conditions
Broader economic conditions significantly impact property valuation at “5 gabriel drive bronx ny.” Interest rates, inflation, and overall economic growth influence buyer demand and affordability. During periods of economic expansion, property values tend to rise as more individuals and investors enter the market. Conversely, during economic downturns, property values may decline due to reduced demand and potential foreclosures. For example, a rise in mortgage rates can decrease buyer purchasing power, potentially leading to lower property valuations.
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Property Condition and Improvements
The physical condition of the property itself, as well as any recent improvements, directly affect its valuation. Features such as updated kitchens, bathrooms, new roofing, or energy-efficient systems can significantly increase the property’s market appeal and value. Conversely, deferred maintenance, structural issues, or outdated features can negatively impact its assessed worth. A property with a renovated kitchen and updated appliances, for example, is likely to be valued higher than one with an outdated kitchen.
The combined impact of these facets underscores the complexity of property valuation. Understanding how market comparables, location attributes, economic conditions, and property condition interrelate is essential for accurately assessing the value of “5 gabriel drive bronx ny.” These valuations serve as a foundation for taxation, investment decisions, and overall economic stability within the community.
Conclusion
The analysis of 5 gabriel drive bronx ny has revealed the interconnectedness of location, occupancy, and valuation in shaping a specific residential address. Each componentresidential status, geographic coordinates, and property assessmentprovides a discrete yet overlapping perspective. The combination of these factors creates a multidimensional profile, offering insights into the property’s inherent characteristics and its socio-economic role within the broader community.
Further investigation into analogous locations can build upon this framework, fostering a richer understanding of urban dynamics and informing strategies for sustainable community development. Continued data collection and comparative analysis are essential for optimizing resource allocation and promoting equitable access to services across diverse urban landscapes. Future studies should explore additional layers of data, such as demographic information and crime statistics, to refine our understanding of the complex interplay within locations like 5 gabriel drive bronx ny.
