Prospect Heights at a Glance
Anchored by Barclays Center, Prospect Park, and the Brooklyn Museum on each end of this trapezoidal-shaped neighborhood, you have one of the best-kept secrets in Brooklyn. Of course, the secret is out with many new condominium projects sprouting up and young families eagerly acquiring their first Brooklyn homesteads. The neighborhood has three major retail corridors along Flatbush, Vanderbilt, and Washington Avenues.
The total dollar volume in 2021 was $49,703,013
The average Multifamily P/PSF in 2021 was $434
Residential Market: 2020
Avg Residential Rent
$2,650
Avg Price for Condo Sellouts
$1,100,000
Investment Sales: 2021
Total Dollar Volume of Investment Sales
$49,703,013
Avg Industrial PPSF
$651
Avg Multifamily Sale PPSF
$434
Avg Development Site Sale PPBSF
$341
Additional Demographics: 2020
Avg Household Income
$90,000
Transportation
Subways
Other Transportation
Long Island Rail Road
Neighborhood Vibes
Prospect Heights boasts a variety of locally-owned bars, restaurants, and cafés alongside some of Brooklyn’s most prominent attractions including Barclays Center, which is home to the Brooklyn Nets and features dozens of top tier events every year.
Brooklyn Museum
New York City's third-largest art museum features approximately 1.5 million works of art.
Vanderbilt Avenue
One of Brooklyn's hidden gems, this neighborhood retail corridor is filled with specialty shops, restaurants, and cafes.
