Why Live in Sunset Park
Sunset Park in Brooklyn, located between Bay Ridge and Park Slope, has seen a rise in popularity among young professionals, particularly due to the nearby Industry City. This business hub features attractions like Smorgasburg, The Brooklyn Flea, artisan shops, and rooftop movie screenings, drawing a diverse crowd. The neighborhood is known for its cultural diversity, with a significant Hispanic community on 4th Avenue and a bustling Chinatown on 8th Avenue. Industry City, a redeveloped industrial space, now hosts over 550 businesses and offers shared spaces like Innovation Alley and The Courtyards. Sunset Park's main business corridors along 4th, 5th, 7th, and 8th Avenues are lined with niche grocery stores, long-standing mom-and-pop shops, and a variety of Asian and Hispanic restaurants. For trendier shopping and dining, Industry City provides brand-name stores and unique culinary experiences. The neighborhood is primarily residential, featuring multifamily townhouses, condos, and co-ops, many in prewar buildings with original details. Sunset Park itself is a large green space with an Art Deco-style swimming pool, pedestrian walkways, and recreational facilities. Nearby Green-Wood Cemetery offers scenic views of New York Harbor and the Statue of Liberty. The area is served by the D, N, and R subway lines at the 36th Street station, with additional bus and ferry options.
Home Trends in Sunset Park, NY
On average, homes in Sunset Park, Brooklyn sell after 119 days on the market compared to the national average of 52 days. The median sale price for homes in Sunset Park, Brooklyn over the last 12 months is $570,000, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$570,000
Median Single Family Sale Price
$877,350
Median Townhouse Sale Price
$1,515,000
Median 2 Bedroom Sale Price
$665,000
Median 1 Bedroom Sale Price
$520,000
Average Price Per Sq Ft
$929
Number of Homes for Sale
56
Last 12 months Home Sales
110
Median List Price
$643,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-5%