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By Accord Real Estate Group

Carroll Gardens Brooklyn Sees Changes

April 10th 2014
Tags: Real Estate News, All about Brooklyn New York, Brooklyn Real Estate, Selling your home

Carroll Gardens, Brooklyn NY was always a low key, lovely and quiet neighborhood that has many charms but did not have the allure of Cobble Hill or Park Slope. The Carroll Gardens boundaries are Degraw Street to the North, Hamilton Avenue to the South, Hicks Street to the East and Bond Street to the West. Carroll Gardens today has become a neighborhood of young urban professionals and young families.

There are still many signs of the old Carroll Gardens with a distinct Italian American flair. Some of the established Italian restaurants and bakeries have remained such as the wonderful Marco Polo Restaurant located at 345 Court Street, Caputo's Classic Italian Bake Shop located at 329 Court Street or the Italian delicacy filled, G. Esposito and Sons Pork Store located at 357 Court Street.

Some restaurants have opened to accommodate the changed population of Carroll Gardens.  Frankie's Spuntino which is pretty well established at this point is located at 457 Court Street. The restaurant is a cozy, nice space and during the Spring and Summer seasons Frankies has a lovely outdoor rear area to enjoy dining al fresco. The menu is wonderful and the vibe is great. Two newcomers to the restaurant scene in this neighborhood are Seersucker located at 329 Smith Street, serving breakfast, lunch and dinner with a sophisticated southern flair (try the chicken sandwich for lunch!) and Buttermilk Channel located at 524 Court Street, also serving breakfast, lunch and dinner (try the fried chicken with buttermilk waffles!)

Several new businesses have opened in Carroll Gardens to accommodate the new families there such as Kidville located at 380 Court Street which offers classes, a play space, parties and a boutique for your kids and Brownstone Tutors located at 354 Court Street, which offers top of the line tutoring services.

One big change to the neighborhood is the Sackett Union townhouse and condominium development complex on Court Street, with 7 townhouses on Sackett Street, 4 townhouses on Union Street and 32 Condominium Apartments on Court Street, all selling for  $1,100 per square foot.

The pricing for residential real estate in Carroll Gardens today is the following; a one bedroom, one bath, 600 square foot Co-op apartment is in the $400,000 range and a two bedroom, two bath 950 square foot Coop apartment is in the $800,000 range. Condominium units are priced in the $1,000 per square foot range, but the condo units at Sackett Union are priced at $1,100 per square foot. Brick and Brownstone Townhouse fixer uppers can go in the $2M+ range and a restored/renovated townhouse in Carroll Gardens can fetch in the $3M to $4M range, depending upon location, size and condition.

Many of the residents of Carroll Gardens banded together to protect the area from being over developed, which led to a rezoning in 2009. The rezoning restricted building heights to 50 feet in most of the area and 70 foot height restriction on Court Street and parts of Clinton and Henry Streets.

The Schools in Carroll Gardens are P.S. 58 on Smith Street which has grades pre-kindergarten through 5th grade, P.S. 29 in Cobble Hill and Brooklyn Secondary School For Collabrative Studies on Henry Street which covers grades 6 through 12.

Transportation into Manhattan via the subway is on either the F or G line trains which run along Smith Street and stop at 2nd Place and President Street.

For any more information about Carroll Gardens real estate and if you are planning to sell your home, mixed use, commercial or investment property, email Jeff or Anna at info@accreg.com or call us at 718-375-2065. You will be very happy that you did.