Why Live in Gravesend
Gravesend, a quiet residential neighborhood in South Brooklyn, offers a mix of coop buildings, new condo developments, and multifamily homes. Its proximity to Coney Island’s beach and amusement park adds to its appeal. Housing options range from high-rise, postwar coops and boutique condo buildings to semi-detached homes and large single-family houses, with some properties offering views of the Verrazzano Bridge. The neighborhood features scenic Ocean Parkway, a five-mile-long, tree-shaded path leading to Brighton Beach and the Coney Island Boardwalk. Kings Highway serves as a major corridor for local businesses and diverse dining options, including the renowned L&B Spumoni Gardens and Mtskheta Café. Gravesend is home to P.S. 95 The Gravesend, a highly rated public school offering a gifted and talented program. The area also includes several private religious schools. For recreation, residents can enjoy pocket parks and the expansive 85-acre Calvert Vaux Park, which features a restored waterfront, playgrounds, bocce ball courts, and a soccer field. Ocean Parkway is popular for running, biking, and strolling. The neighborhood is served by the D, F, Q, and N trains, with the express D train reaching Midtown in about an hour, and numerous bus routes providing additional access. Many residents also benefit from the nearby Belt Parkway for car travel.
Home Trends in Gravesend, NY
On average, homes in Gravesend, Brooklyn sell after 72 days on the market compared to the national average of 52 days. The median sale price for homes in Gravesend, Brooklyn over the last 12 months is $607,499, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$607,499
Median Single Family Sale Price
$743,000
Median Townhouse Sale Price
$1,225,000
Median 2 Bedroom Sale Price
$599,000
Median 1 Bedroom Sale Price
$295,000
Average Price Per Sq Ft
$692
Number of Homes for Sale
163
Last 12 months Home Sales
192
Median List Price
$639,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%