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Explore Canarsie Neighborhood in New York City

Real Estate New Developments

General Information

Canarsie is a diverse and vibrant neighborhood located in the southeastern part of Brooklyn, New York. Known for its rich cultural mix and suburban feel, Canarsie offers a unique blend of urban and residential living. The neighborhood is bordered by the Jamaica Bay to the south and has easy access to both the Belt Parkway and the L train, providing convenient transportation options to other parts of Brooklyn and Manhattan. Canarsie is home to many working-class families, and its community is known for its tight-knit, family-oriented atmosphere. The area features a mix of low-rise buildings, single-family homes, and apartment complexes, as well as green spaces like Canarsie Park, which offers recreational opportunities for residents. Over the years, Canarsie has experienced demographic changes, with new businesses and developments enhancing its appeal to a diverse range of residents. While still relatively affordable compared to other parts of Brooklyn, Canarsie continues to attract new residents seeking a more suburban lifestyle within the city.

Real Estate Information

The real estate market in Canarsie has historically been more affordable compared to many other neighborhoods in Brooklyn. It is known for offering a variety of housing options, from single-family homes and townhouses to multi-family homes and low-rise apartment buildings. The neighborhood is particularly appealing to first-time homebuyers and young families due to its more affordable prices and access to larger homes with yards. While Canarsie has traditionally been seen as a working-class neighborhood, it has begun to attract more attention from real estate investors and developers in recent years, as more people look for affordable housing options in Brooklyn. The rise in popularity of nearby neighborhoods has also contributed to Canarsie’s real estate growth. Although prices have risen somewhat due to gentrification in surrounding areas, Canarsie remains one of Brooklyn’s more reasonably priced neighborhoods for homeownership and rental opportunities.

Historical/Interesting Facts

Canarsie’s history dates back to the early days of New York City, originally inhabited by the Canarsie Native American tribe, who lived along the shores of Jamaica Bay. The area was named after the tribe, and the name "Canarsie" is thought to mean "village of the tidal river" in the Lenape language. In the 19th century, Canarsie was largely rural, with farmland and estates dotted across the area. The neighborhood started to transform with the construction of the Brooklyn Eastern District Terminal and the expansion of public transportation in the early 20th century, attracting working-class families and immigrants from various backgrounds. During the mid-20th century, Canarsie saw significant growth as suburbanization in Brooklyn spread, and many Jewish and Italian-American families settled in the area. In the latter half of the 20th century, Canarsie also became home to a large African American and Caribbean population, adding to its diverse cultural landscape. Today, Canarsie retains a strong sense of its community history, with many long-standing residents and local businesses maintaining its distinct identity amidst the ongoing changes in Brooklyn.

Properties Statistics

Total Properties

25

Median Asking

$750,730.68

Sale Price/ft²

$482.64

Average Home Size

788 ft²

Average Home Age

71 years

Based on results from 25 properties

Buildings in this Sector

1105 East 93rd Str1105 east 93rd street

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8706 Glenwood Road8708 glenwood road

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FAQ about Canarsie