Why Live in East New York
East New York, a neighborhood in Brooklyn, is home to approximately 180,000 residents and includes areas like New Lots, Cypress Hills, and Spring Creek Towers. The neighborhood borders Queens to the east and Jamaica Bay to the south. It features a mix of residential streets with multifamily rowhomes, townhomes, newer constructions, and apartment buildings. Despite facing challenges, the community is actively working on improvements, including the development of master-planned communities like Nehemiah Spring Creek and Alafia, which aim to provide affordable housing and amenities such as schools, parks, and supermarkets. The neighborhood is served by nine train lines, with a major overhaul planned for Broadway Junction Station to enhance safety and accessibility. The Belt Parkway runs through the southern tip, and JFK Airport is just five miles away.
Shirley Chisholm State Park, a 407-acre park along Jamaica Bay, offers fishing, trails, and picnic areas, while Linden Park is known for its tennis and handball courts. The Gateway Center, an outdoor mall in Spring Creek, features numerous chain stores and dining options like Fusion East. Community initiatives, such as East New York Restoration and United Community Centers, focus on greening projects and urban farming, contributing to the neighborhood's revitalization. Public schools in the area are underfunded, but higher-performing charter schools like Achievement First provide alternative education options. The NYPD Community Center offers youth programs, including basketball leagues and graphic design classes.
Home Trends in East New York, NY
On average, homes in East New York, Brooklyn sell after 39 days on the market compared to the national average of 70 days. The median sale price for homes in East New York, Brooklyn over the last 12 months is $480,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$480,000
Median Single Family Sale Price
$424,000
Median Townhouse Sale Price
$382,400
Median 2 Bedroom Sale Price
$717,490
Average Price Per Sq Ft
$225
Number of Homes for Sale
16
Last 12 months Home Sales
43
Median List Price
$431,936
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%