Park Slope
Considered one of the most desirable neighborhoods in New York City, Park Slope’s evolution has come full circle. Park Slope was originally a wealthy neighborhood until its upper class residents moved to the suburbs. Working class Italian and Irish communities took their place but were soon pushed out by growing black and Latino populations. Soon, artists and preservationists started to buy and renovate Park Slope’s historic brownstones, raising the prices and popularity of the neighborhood. Today, young professionals, families and artists interested in a cheaper alternative to Manhattan inhabit Park Slope. Crime rates are low, public school performance is high and green space is abundant in the family-oriented neighborhood. Residents are often seen pushing strollers down Park Slope’s streets or sitting in one of the area’s numerous restaurants and bars. Real estate in the area is relatively expensive, and Park Slope is often derided for its gentrification. Disregarding how it got there, Park Slope has undeniably returned to its former role as a pleasant upper class neighborhood.
On the web
New Developments
Market Snapshot
Condos
| Beds | Listings | Median Price |
|---|---|---|
| Studio | 1 | $499,000 |
| 1 BR | 16 | $599,000 |
| 2 BR | 45 | $939,000 |
| 3 BR | 37 | $1,200,000 |
| 3+ BR | 1 | $950,000 |
Co-ops
| Beds | Listings | Median Price |
|---|---|---|
| Studio | 15 | $275,000 |
| 1 BR | 46 | $449,000 |
| 2 BR | 62 | $782,000 |
| 3 BR | 27 | $1,197,000 |
| 3+ BR | 4 | $1,192,000 |


