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Park Slope

Park Slope

$1,765,062 Average Value
$1,600 Average Price per Sq Ft
45 Homes For Sale

Quintessential Brooklyn brownstones offer quiet luxury in Park Slope

Park Slope is a trendy yet residential Brooklyn neighborhood right next to Prospect Park. Well-preserved brownstones along the quiet, tree-lined streets make this one of the borough’s most sought-after communities. Park Slope’s highly educated demographic, eclectic eateries, independent boutiques and cooperative food markets add to its progressive yet vintage charm. This family-oriented, commuter-friendly neighborhood is replete with highly rated schools and access to public transportation.

Quiet, tree-lined streets are lined with well-preserved brownstones in Park Slope.
Quiet, tree-lined streets are lined with well-preserved brownstones in Park Slope.
Eclectic eateries add to Park Slope's charm.
Eclectic eateries add to Park Slope's charm.
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A family-friendly atmosphere with top-notch schools

Park Slope’s concentration of highly rated schools within walking distance attracts families to the neighborhood. The illustrious list includes:

  • P.S. 118 The Maurice Sendak Community School, which focuses on intellectual development over test scores
  • P.S. 321 William Penn, which is known for academic excellence and diversity
  • M.S. 51 William Alexander Middle School, which has a three-year arts program
  • Millennium Brooklyn High School, which has a project-based curriculum
  • The Berkeley Carroll School, which is a pre-K through 12th grade private school
Park Slope has a family-oriented atmosphere beyond its schools. During the annual Park Slope Halloween Parade, local store owners dress up and hand out candy, shutting down much of 7th Avenue. “We have a wholesome, Sesame Street-like lifestyle here,” says Jessica Buchman, a local resident and broker at Corcoran Group. “Things move a bit slower. People sit on their stoops and interact with their neighbors.”

P.S. 321 William Penn has colorful murals.
P.S. 321 William Penn has colorful murals.
M.S. 51 in Brooklyn focuses on the arts.
M.S. 51 in Brooklyn focuses on the arts.
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Ornate brownstones line the tree-shaded blocks

“Park Slope has been a classical, established neighborhood for many decades and generations,” says Michael Bethoney, a broker with Nest Seekers International and former Park Slope resident. It’s defined by tranquil streets lined with leafy trees and wide sidewalks. Late 19th-century brownstones are the norm on side streets and come in a wide variety of architectural styles: Italianate, French Second Empire, Greek Revival, Queen Anne and Romanesque Revival. Prewar co-ops are also common in the area, and there are a few stately mansions. A recent crop of modern high-rise condo towers line 4th Avenue. “These buildings are great for homeowners that want the brownstone Brooklyn experience but with easy, uncomplicated high-rise living,” Buchman says. Home prices generally fall within the following ranges, depending on factors like size and conditions:

  • Co-ops between the lower $200,000s and $3.4 million
  • Condos between the mid-$600,000s and $3.9 million
  • Multifamily homes between $1.6 million and $6.6 million
  • Single-family homes between $4.1 million and $7.9 million
However, this is a renter-friendly neighborhood, as over half of properties in Park Slope are apartments.

Brownstones in Park Slope give the neighborhood a cohesive look.
Brownstones in Park Slope give the neighborhood a cohesive look.
Park Slope is known for its ornate brownstones.
Park Slope is known for its ornate brownstones.
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Walking to 526-acre Prospect Park is a main perk

Prospect Park is Brooklyn’s primary green space, and its proximity to Park Slope is one of the neighborhood’s main draws. It was designed by Frederick Law Olmsted and Calvert Vaux, two renowned landscape architects of the 19th century. “Olmsted designed Central Park and felt it was a failure,” Bethoney says. “He saw Prospect Park as his second opportunity and crown jewel. You can spend a lot of time walking through it and never see all its special little corners.” Prospect Park is a beloved community space for a summertime splash at the dog beach, an autumn day at the zoo, ice skating in the winter or a springtime picnic. Sprawling open spaces give way to hilly woodland pathways and meandering lakes. Baseball fields, tennis courts and playgrounds are encircled by a car-free road dedicated to joggers and cyclists. The adjacent Brooklyn Botanic Garden, Brooklyn Museum and Brooklyn Public Library are nearby cultural attractions that provide additional leisure activities. Homes on the western edge of the neighborhood may be closer to Washington Park, which is home to popular basketball courts, a dog run and a Sunday farmers market.

Prospect Park is a well-known park and much-loved part of Park Slope's lifestyle.
Prospect Park is a well-known park and much-loved part of Park Slope's lifestyle.
Sprawling lawns give way to woodland pathways in Prospect Park.
Sprawling lawns give way to woodland pathways in Prospect Park.
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Subway links to Manhattan and rail service to Long Island

Park Slope offers excellent access to public transit, pedestrian-friendly sidewalks and multiple bike lanes. MTA buses stop frequently along 5th and 7th Avenues. Multiple subway stations along 9th Street, 4th Avenue and Flatbush Avenue keep commuters well-connected. The Atlantic Terminal sits at the northernmost point of Park Slope; from here, the Long Island Rail Roadtakes passengers east. Drivers can get to Manhattan’s Financial District, 6 miles away, via Interstate 478 in half an hour, a timeframe that accounts for moderate traffic. Allow roughly 15 to 30 minutes for the commute to Manhattan via subway, depending on your destination.

Subway stations sit conveniently all around the Park Slope neighborhood.
Subway stations sit conveniently all around the Park Slope neighborhood.
Atlantic Terminal connects Park Slope to the LIRR.
Atlantic Terminal connects Park Slope to the LIRR.
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Nightlife, cosmopolitan dining and local produce

The neighborhood’s main commercial arteries are 5th and 7th Avenues, where you can peruse an endless offering of independent restaurants and boutiques. Seventh Avenue is known for its long-standing local businesses, and 5th Avenue has a slightly more eclectic feel with its hip bars and trendy bistros. Bangkok Degree is among a slew of popular Thai spots, and The Gate is one of the area’s most popular bars. The upscale Al di là Trattoria reflects the neighborhood’s early Italian American heritage. Grocery shoppers can head to Union Market or the members-run Park Slope Food Coop, which stocks local, organic produce. On most Saturdays since 1989, locals have flocked to the Grand Army Plaza Greenmarket; as the second largest farmer’s market in New York City, the weekly event welcomes diverse vendors from throughout the tri-state area.

Kos Kaffe serves made-to-order lattes in Park Slope.
Kos Kaffe serves made-to-order lattes in Park Slope.
A French bakery in Park Slope serves up fresh pastries.
A French bakery in Park Slope serves up fresh pastries.
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How Park Slope compares to surrounding Brooklyn neighborhoods

When most people think of historic brownstone Brooklyn, Park Slope is at the top of the list, although a few other neighborhoods may come to mind. When compared to Brooklyn Heights and Cobble Hill, Park Slope covers more space and has more variety of homes. Neighboring Gowanus on the other side of 4th Avenue has a more up-and-coming, artsy feel. Nearby Carroll Gardens offers a similar atmosphere to Park Slope farther from Prospect Park. Neighboring Prospect Heights is also comparable, although it’s more in the heart of the action with Atlantic Avenue and the Barclays Center.

Park Slope has an annual Halloween parade.
Park Slope has an annual Halloween parade.
Park Slope offers proximity to the Grand Army Greenmarket.
Park Slope offers proximity to the Grand Army Greenmarket.
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Laura Copan
Written By
Laura Copan
Taylor Gilbert
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Taylor Gilbert

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Laguardia

22 min drive

Subway

Union Street

Subway

4 Avenue-9 Street (D,M,N,R Line)

Subway

7 Avenue (B,Q Line)

Subway

Pacific Street

Bus

7 Av & Sterling Pl

Bus

Dean St & 5 Av

Bus

9 St & 7 Av

Bus

9 St & 8 Av

Bus

9 St & 6 Av

Bus

7 Av & 3 St

Bus

5 Av & Douglass St

Reviews

Are you familiar with the Park Slope neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Park Slope US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 2 4
Burglary 4 4
Motor Vehicle Theft 3 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Park Slope Demographics and Home Trends

Housing Trends

Median List Price
$1,495,000
Median Sale Price
$1,500,000
Median Single Family Sale Price
$2,705,000
Median Townhouse Sale Price
$4,997,499
Median 2 Bedroom Sale Price
$1,533,750
Median Change From 1st List Price
0%
Last 12 months Home Sales
286
Median Home Sale Price YoY Change
-5%
Average Price Per Sq Ft
$1,600

Neighborhood Facts

Number of Homes
2,979
Number of Homes for Sale
45
Median Year Built
1920
Months of Supply
1.90
Average Single Family Home Size Sq Ft
2,252
Above the national average
1,930
Average Townhouse Size Sq Ft
3,223
Average 2 Bedroom Size Sq Ft
1,171
Average 1 Bedroom Size Sq Ft
780
Average Studio Size Sq Ft
498
Median Lot Size Sq Ft
1,306

Open Houses

  • Sunday, Feb 22
    11:30am - 12:30pm

    11 Sterling Place Unit 1A, Brooklyn, NY 11217

    $2,700,000

    • 4 Beds
    • 2 Baths
    • 2,062 Sq Ft
    • 11 Sterling Place
    • Unit 1A

    Voluminous 2062sf Duplex with Private Garden Available as a 4 bedroom. Currently lived in as a 2bd + den + office Upper level 10ft +/- ceilings and 10 windows. The open flrpln is comprised of modern kitchen, dining and living room is ready for lots of guests or just your own quiet time. There is an office easily convert to another bedroom. Full modern bath with heated towel

    Agent Photo
    Rachel Wood
    Brown Harris Stevens Brooklyn LLC
    (929) 684-2378
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  • Saturday, Jan 31
    11am - 12pm

    659 Baltic St Unit 3, Parkslope, NY 11217

    $1,250,000

    • 2 Beds
    • 1 Bath
    • 659 Baltic St
    • Unit 3

    Introducing 659 Baltic – this brand new floor-through condominium building is situated at the nexus of Park Slope, Downtown Brooklyn, and Boerum Hill. Residences 2-4 are spacious 2-bedroom, 1-bathroom homes graced with a private deeded rooftop cabana and storage room. The units feature modern fixtures and finishes throughout. Beautiful white oak floors and oversized factory-style windows

    Bianca D'Alessio Nest Seekers LLC

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  • Sunday, Feb 1
    1:30 - 3pm

    396 8th St Unit 2R, Brooklyn, NY 11215

    $1,050,000

    • 2 Beds
    • 1 Bath
    • 396 8th St
    • Unit 2R
    • New 4 days ago

    Welcome to your Park Slope haven at 396 8th Street #2R! Situated on a beautiful, tree-lined block in the heart of Park Slope. This classic barrel-front, floor-through home offers exceptional space, light, and versatility, currently configured as a two-bedroom, one-bath residence with an additional flex space. Located on the second floor of a well-maintained eight-unit co-op

    Andrew Weitsman Corcoran Group

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
39,909
Median Age
40
Population Density
92 ppl/acre
Population under 18
23.3%
On par with the national average
23.8%
Population over 65
14.4%
On par with the national average
19.1%

Finances

Median Household Income
$175,848
Significantly above the national average
$79,601
Average Household Income
$190,736

Education and Workforce

High School Graduates
96.1%
College Graduates
82.6%
Significantly above the national average
34.1%
Advanced Degrees
46.8%
Significantly above the national average
13.3%
% Population in Labor Force
77.8%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
2''

Area Factors

Biker's Paradise

Bike Score®

90 / 100

Walker's Paradise

Walk Score®

99 / 100

Rider's Paradise

Transit Score®

100 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Park Slope