Crown Heights at a Glance
Central Brooklyn's Crown Heights neighborhood is comprised of four historic districts filled with low-rise brownstones, new developments, and three major commercial districts at Franklin, Nostrand, and Kingston Avenues. The former especially has seen an influx in recent years of new retailers including a cider distillery, restaurants, shops, and more. Some of Brooklyn's major cultural institutions also call the neighborhood home, including the Brooklyn Botanical Garden and Brooklyn Children's Museum.
Over 48 transactions averaging over $230M in 2021
Condo Sellouts for over $820,000
Over $230,501,012 in dollar volume in 2021
Residential Market: 2020
Avg Residential Rent
$2,250
Avg Price for Condo Sellouts
$820,000
Investment Sales: 2021
Total Dollar Volume of Investment Sales
$131,697,754
Avg Multifamily Sale PPSF
$353
Avg Retail PPSF
$486
Avg Development Site Sale PPBSF
$218
Additional Demographics: 2020
Avg Household Income
$40,000
Transportation
Subways
Buses
B14 B17 B45 B46 B49 B65 B71
Neighborhood Vibes
Old meets new is a vibe reflected not just in the Crown Heights residential stock, but also in its retail and restaurant offerings. The neighborhood's main thoroughfares are home to mom and pop eateries that draw crowds of friendly locals, along with new upscale boutiques and food offerings.
Brooklyn Children's Museum
The first museum in the United States catered specifically to children.
Weeksville Heritage Center
A historic site dedicated to the preservation of one of America's first free black communities during the 19th century.
