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By Accord Real Estate Group

The Brooklyn Real Estate Market Stays Hot

May 29th 2019
Tags: Brooklyn Blog, Real Estate News, All about Brooklyn New York

For 2019, rapidly gentrifying Brooklyn NY neighborhoods are transforming many areas. The growth of some neighborhoods and surrounding neighborhoods is due to great walkability and employment clusters that have developed outside of Manhattan in Sunset Park, Downtown Brooklyn, Williamsburg and Dumbo, Brooklyn New York.

Strong demand is fueling the rise of several key Brooklyn neighborhoods such as:

Sunset Park, where Industry City has grown to over 450 companies with 6,500 jobs and a great housing stock at reasonable prices compared to nearby Park Slope and Cobble Hill.

Bay Ridge, where competitive pricing on housing coupled with the beautiful parks, great shopping, many great restaurants and nite life are making Bay Ridge a popular choice for buyers and renters.

Gravesend where walkability, attractive purchase prices have contributed to the areas growth.

Flatbush and East Flatbush, where a wide variety of lifestyle choices such as Condo, Coop, Single family house or Multi family house and great pricing have fueled growth and have caught the attention of developers interested in building luxury rentals, new condominiums, mixed use buildings and affordable housing.

Greenpoint which has housing choices that are less expensive than Williamsburg, with larger spaces, great views of Manhattan, the NYC Ferry at India Street, great restaurants and great walkability is growing rapidly.

Some other key Brooklyn neighborhoods to keep an eye on are Sheepshead Bay, Brighton Beach, Coney Island, Midwood, Prospect Lefferts Gardens, Kensington and East New York. 

If you are interested in selling your property or you know someone who is planning to sell their New York property, whether a single family residential property,  an apartment building, a commercial property, mixed use, multi family, coop or condo, vacant land or a development opportunity, call us. You will be very happy that you did.

We always bring our clients the top market price for their property and provide exceptional personalized service from initial consultation to closing.

Thank you,

Accord Real Estate Group

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