Market Overview for Quarter 3, 2021
Median Sale Price
No. of Transactions
Brooklyn Median Sale Price
What is the median sale price and median price per sq ft in Park Slope?
Park Slope Neighborhood Map
Both the largest and most highly sought after neighborhoods in NYC, Park Slope was once the richest community in the U.S. Today it has something for everyone with commercial streets next to a restaurant row next to renovated brownstones and condos. From top-rated eateries to low crime rates it's easy to see why it's a top rated neighborhood.
Top most expensive neighborhoods in Brooklyn
Park Slope median price compared with other neighborhoods in Brooklyn
Park Slope property values are on the higher-end for neighborhoods in Brooklyn .
Park Slope median price compared with all the neighborhoods in Brooklyn
|Neighborhood||Borough||Median Sale Price|
|Columbia Street Waterfront District||Brooklyn||$1,102,400|
|Prospect - Lefferts Gardens||Brooklyn||$863,750|
|Prospect Park South||Brooklyn||$745,000|
|Old Mill Basin||Brooklyn||$660,000|
|East New York||Brooklyn||$535,000|
Residential Properties Sold in Park Slope
|Property Type||Median sale price||Y-o-Y||Median sale price/sqft||Y-o-Y||Transactions|
The median house sale price in Park Slope in Quarter 3 was $3.0M, up 13% year-over-year. Condo and coop prices in Park Slope trended similarly, with a median condo price of $1.5M, up 10% year-over-year, and the median coop sale price up 12 % year-over-year to $999K.
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Park Slope Neighborhood Guide
This neighborhood is not just one of the best in Brooklyn, or even New York City - Park Slope has been ranked as one of the best neighborhoods in the entire U.S. Why? Residents note its highly rated public schools, the perfect mixture of dining, nightlife, and shopping, the impressive public transit access, its relative safety, the numerous green spaces, and the many creative outlets in the area. In short, Park Slope may just have it all.
Architecture and landmarks
There are an incredible number of historic buildings in and around Park Slope, many of which are concentrated on the arts, including the Brooklyn Academy of Music, the Brooklyn Conservatory of Music, the Central Library, the Old Stone House, and the Brooklyn Museum. The Brooklyn Botanic Garden and Prospect Park, as well as the Brooklyn Arts Exchange (otherwise known as BAX) can be found here, offering visitors many hours of leisure and entertainment. The main commercial buildings line Fifth and Seventh Avenues but the east-west tree-lined side streets are lined with historic brownstones and unique apartment buildings.
Public transportation in Park Slope is very accessible, thanks to numerous subway lines, including the B, Q, 2, and 3, making a mere 30-minutes commute to Midtown Manhattan, as well as the nine trains that stop at the Atlantic Avenue / Barclay Centers stop, including the 4, 5, D, and N. Residents can hop on the R train at the Fourth Avenue station and the F and G trains at several stops in the neighborhood.
Located on Seventh Avenue, Public School 321 is routinely ranked as one of the best elementary schools in New York City, where more than 80 percent of students meet state standards for English and / or Math, compared to just 30 percent citywide. The Berkeley Carroll School is a popular private school that serves kids all the way from prekindergarten through their senior year in high school.
The New York Methodist Hospital is a non-profit hospital located on Sixth Street between Seventh Avenue and Eighth Avenue in Park Slope. It has a total of 651 beds and sees more than 40,000 patients every year. There are many health clinics and private practices in the neighborhood as well.
Park Slope is located in the 78th Precinct of the New York Police Department. In 2015, there were 12.64 crimes per 1,000 resident. It is below average for all crime types and is one of the safest neighborhoods in northern Brooklyn.
Things to do
Park Slope is home to many of the city's best dining options, including Al Di La, a trattoria with a long history of serving excellent Northern Italian fare; Franny's, with their world-famous pizza; and Rose Water, where the focus is on local, organic ingredients. There are many quick eats available too, including Bagel Hole with their fist-sized bagels; Bklyn Larder, home of specialty meats, cheeses, and sorbet,; and Meltkraft, an artisan grilled cheese station. Park Luncheonette has been a busy eatery since the 1930s and there are numerous Asian restaurants in the neighborhood too, including Little Dokebi.
Thirsty residents and visitors to Park Slope can visit a bar with any type of vibe they're interested in. The Gate is one of the longest standing neighborhood bars, with an incredible outdoor patio; High Dive is known for its free popcorn and wide assortment of board games; and Mission Dolores offers an extensive list of draft beers alongside pinball machines.
There are a surprising number of unique music venues in the neighborhood, including the Rock Shop; Union Hall with their weekly comedy/karaoke hybrid show; Barbes with their soul party every Tuesday; and Freddy's, a divey spot for live music and unique decor. In nearby Gowanus, visitors can check out the Bell House, a relatively small space that hosts big acts like Louis C.K. and Yo La Tengo. The largest green space in Park Slope, Prospect Park, was designed by the same team that designed Central Park. There are a number of attractions there, including a zoo, the only natural forest in Brooklyn, an ice skating facility that's open all year long, and a dog beach.