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Downtown Brooklyn

Downtown Brooklyn

4.0
$1,278,766 Average Value
$1,469 Average Price per Sq Ft
85 Homes For Sale

Rising towers and later hours

Serving as Brooklyn’s civic center, Downtown Brooklyn has traditionally been a business district buzzing with activity by day and sleepy streets at night. In recent years the neighborhood has undergone a dramatic transformation, with new development bringing upscale residential towers, retail and nightlife to the area. Continued investment in the neighborhood includes a $40 million city-funded project to improve streetscapes and public space, and $1 billion worth of improvements to NYU’s Tandon School of Engineering. “People want to be there because of proximity to the city,” says Carolyn Cedar, a Brooklyn broker of 19 years. “All the big amenities are there. There are larger retail opportunities. There’s so many ways it’s a destination neighborhood.”

Downtown Brooklyn's skyline redefined by the impressive Brooklyn Tower
Downtown Brooklyn's skyline redefined by the impressive Brooklyn Tower
Downtown Brooklyn has a number of high end dining options.
Downtown Brooklyn has a number of high end dining options.
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Old Brooklyn dining and trendy bars

As the neighborhood boomed, restaurants and retailers moved in to serve the burgeoning population. City Point is a vertical mall housing a movie theater, Trader Joe’s, Target and the Dekalb Market Hall, a foodie destination with more than 35 vendors. The historic Gage & Tollner is a recently restored oyster and chop house with a nautical-themed bar in the basement. Shopping options along the revived Fulton Mall include Macy’s and outlets from Banana Republic and Gap. Indie boutiques can be found in nearby in Cobble Hill and Boerum Hill. Circa Brewing Company is cavernous with beer-making on site, and Livingston Manor is a cozy Catskills-inspired bar serving craft cocktails. Additional grocery stores in the area include Whole Foods and Brooklyn Fare.

Experience the iconic flavors of Junior's, a Downtown Brooklyn institution
Experience the iconic flavors of Junior's, a Downtown Brooklyn institution
Foodies flock to Dekalb Market in Downtown Brooklyn.
Foodies flock to Dekalb Market in Downtown Brooklyn.
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Brooklyn Tower soars above Downtown Brooklyn, a testament to modern architecture
Brooklyn Tower soars above Downtown Brooklyn, a testament to modern architecture

Luxury condos and postwar co-ops

Condominiums in gleaming high-rises, including Brooklyn’s first supertall measuring over 1,000 feet, offer designer interiors, luxurious materials, stunning views of Manhattan and New York Harbor, and extensive indoor and outdoor amenities. Homes start at $1 million for a studio; two-bedrooms can be listed for as much as $4 million. Co-ops offer more affordability. Asking prices for homes in postwar buildings range from about $425,000 for a studio to $850,000 for a two-bedroom.

Improvements ahead and Brooklyn Bridge Park

A popular place for relaxing under the shade of trees or a pickup game of soccer, Cadman Plaza and its open green is undergoing a $6.4 million renovation including new paths, turf replacement and a café. The adjacent Walt Whitman Park features a splash pad. For water views and a world-class park, Brooklyn Bridge Park is about a 20-minute walk west. The New York Transit Museum, located in an inactive subway station is a popular destination.

Columbus Park is a park at the southern end of Cadman Plaza, in Downtown Brooklyn
Columbus Park is a park at the southern end of Cadman Plaza, in Downtown Brooklyn
A beautiful city view and kayakers can be enjoyed at Brooklyn Bridge Park Boathouse.
A beautiful city view and kayakers can be enjoyed at Brooklyn Bridge Park Boathouse.
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A transit hub, bridges and the BQE

Virtually every subway line passes through Downtown Brooklyn, making transit to other parts of the city quick and easy. Travel time to Midtown Manhattan is about 30 minutes. For those traveling by car, entrances to the Brooklyn and Manhattan Bridges and the Brooklyn Queens Expressway are in Downtown Brooklyn.

A picturesque stroll on Downtown Brooklyn's Brooklyn Bridge Promenade
A picturesque stroll on Downtown Brooklyn's Brooklyn Bridge Promenade
Borough Hall Station, the central transit hub of Downtown Brooklyn
Borough Hall Station, the central transit hub of Downtown Brooklyn
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A prestigious private school and strong charter

In the heart of Downtown Brooklyn, the prestigious Quaker Brooklyn Friends School enrolls students prekindergarten through Grade 12 and receives an A plus rating from Niche. Charter Brooklyn Prospect High School offers an International Baccalaureate (IB) and receives a B rating from Niche.

Brooklyn Friends School is an independent, college preparatory Quaker school in Downtown Brooklyn
Brooklyn Friends School is an independent, college preparatory Quaker school in Downtown Brooklyn
Brooklyn Prospect teaches students to support others by grounding every action in empathy.
Brooklyn Prospect teaches students to support others by grounding every action in empathy.
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Martha O'Connor
Written By
Martha O'Connor
Amanda Kirkpatrick
Photography Contributed By
Amanda Kirkpatrick
Jeffrey Knight
Video By
Jeffrey Knight

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

18 min drive

Subway

Borough Hall-Court Street

Subway

High Street

Subway

Jay Street-Borough Hall

Subway

Lawrence Street-Metrotech

Subway

Hoyt Street-Schermerhorn Street

Subway

Hoyt Street (2,3 Line)

Subway

Dekalb Avenue (B,D,M,N,Q,R Line)

Bus

Livingston St & Hoyt St

Bus

Fulton St & Bond St

Bus

Livingston St & Smith St

Bus

Sands St & Pearl St

Bus

Livingston St & Nevins St

Bus

Myrtle Av & Prince St

Bus

Nassau St & Gold St

Reviews

Niche Reviews
4.0 18 Reviews
4.0 Current Resident
1/31/2018 Niche Review
Downtown Brooklyn is an up and coming neighborhood in the city. A lot of growth is changing the feel of the neighborhood but mostly in positive ways. Crime is down, businesses are moving in, and this mini-Manhattan is starting to make its mark.
3.0 Current Resident
4/13/2020 Niche Review
It is much more quieter than in Manhattan, and the neighborhood is pretty friendly. Also, it is pretty convenient to get grocery and shop for necessities.
5.0 Niche User
1/7/2018 Niche Review
There are so many things you can do in Downtown Brooklyn. There are stores everywhere so this is the place to do your shopping. You hungry? There are many places to choose from like Shake Shack, 99 cent pizza, Chipotle and many more.
3.0 Niche User
3/18/2016 Niche Review
The area is full of restaurants and retail stores. However, I can't say that it is the safest neighbourhood around... It's not safe to walk by yourself at night.
Are you familiar with the Downtown Brooklyn neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Downtown Brooklyn US
Homicide 9 4
Sexual Assault 8 4
Assault with Weapon 7 4
Robbery 5 4
Burglary 7 4
Motor Vehicle Theft 6 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Downtown Brooklyn Demographics and Home Trends

Housing Trends

Median List Price
$1,300,000
Median Sale Price
$1,227,500
Median Single Family Sale Price
$665,000
Median 2 Bedroom Sale Price
$1,672,500
Median Change From 1st List Price
2%
Last 12 months Home Sales
154
Median Home Sale Price YoY Change
-12%
Average Price Per Sq Ft
$1,469

Neighborhood Facts

Number of Homes
2,335
Number of Homes for Sale
85
Median Year Built
2010
Months of Supply
6.60
Average Single Family Home Size Sq Ft
1,534
Significantly below the national average
1,928
Average Townhouse Size Sq Ft
2,400
Average 2 Bedroom Size Sq Ft
1,141
Average 1 Bedroom Size Sq Ft
751
Average Studio Size Sq Ft
484

Open Houses

  • Wednesday, Dec 10
    1 - 2pm

    388 Bridge St Unit 37D, Brooklyn, NY 11201

    $675,000

    • 1 Bath
    • 530 Sq Ft
    • 388 Bridge St
    • Unit 37D
    • New 26 days ago

    High-Floor Designer Studio with Soaring Ceilings and Breathtaking Views Flooded with natural light through oversized windows, this stunning studio immediately impresses with its open, airy ambiance and unbelievable skyline views. A welcoming foyer leads to a gallery-style entry that opens into a spacious living area with a seamless flow between the kitchen and living room — perfect for both

    Marie Bromberg Compass

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  • Sunday, Dec 14
    1 - 4pm

    270 Jay St Unit 6B, Brooklyn, NY 11201

    $349,000

    • 1 Bath
    • 270 Jay St
    • Unit 6B
    • New 30 days ago

    Designer's Dream - Rare Studio Opportunity in Concord Village, 11201 Bring your vision to life in this exceptional 425 Sq Ft studio at the desirable Concord Village - an opportunity that rarely arises in this full-service cooperative enclave. Positioned at the stylish intersection of Brooklyn Heights, DUMBO and Downtown Brooklyn, this residence is waiting for your creative concept to

    Dean Hawthorne Corcoran Group

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  • Sunday, Dec 14
    1 - 2pm

    388 Bridge St Unit PH48D, Brooklyn, NY 11201

    $1,895,000

    • 3 Beds
    • 2 Baths
    • 1,276 Sq Ft
    • 388 Bridge St
    • Unit PH48D

    Sky-High Penthouse Living in the Heart of Downtown Brooklyn Perched atop one of Downtown Brooklyn’s premier full-service condominium buildings, this breathtaking three-bedroom, two-bath penthouse offers an unparalleled combination of luxury, light, and sweeping panoramic views. From the moment you enter, the home’s dramatic floor-to-ceiling windows draw your gaze across Brooklyn’s skyline to the

    David Chang Compass

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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
32,891
Median Age
36
Population Density
109 ppl/acre
Population under 18
20.4%
On par with the national average
23.8%
Population over 65
9.5%
Below the national average
19.1%

Finances

Median Household Income
$121,345
Significantly above the national average
$79,601
Average Household Income
$149,122

Education and Workforce

High School Graduates
93.6%
College Graduates
70.4%
Significantly above the national average
34.1%
Advanced Degrees
35.8%
Above the national average
13.3%
% Population in Labor Force
73.2%

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®

91 / 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
Downtown Brooklyn