New York City Real Estate

Brooklyn Real Estate Information

Overview of Brooklyn

Brooklyn is the borough in New York City that has the largest population (2.5 million people) and consists of different areas such as the prestigious Brooklyn Heights area, Williamsburg, Sunset Park and others.

Brooklyn is very well connected to Manhattan (approximately 30 minutes) with several subway lines as well as the famous Brooklyn Bridge. A lot of New Yorkers like to live in Brooklyn because its proximity to Manhattan coupled with access to extra space and a quiet environment. Furthermore, Brooklyn also offers the opportunity to live in townhouses.

Average prices in Brooklyn have decreased over the last 12 months. Currently, the average price for new development in Brooklyn is approximately 490 USD per square foot (5,274 USD per square meter). The median sales price for new development in Brooklyn is 515,000 USD.

Examples of condo apartments in Brooklyn include Courtstreet Loft (www.courtstreetlofts.com), Toren (www.torencondo.com), Richard Meier On Prospect Park (www.onprospectpark.com) and examples of detached single homes include The Bay Front Estates at Mill Basin (www.bayfrontestatesatmillbasin.com)

Brooklyn Real Estate Market reports

To learn more about these opportunities go to Brooklyn real estate examples.

If you are looking to buy a property in Brooklyn, you can click www.eastwestproperty.com to search for available properties in Brooklyn.

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