Explore Ocean Hill Neighborhood in New York City

General Information
Ocean Hill is a neighborhood located in the central part of Brooklyn, New York. Known for its close-knit community and residential atmosphere, it has undergone significant changes in recent years, with new developments and renovations contributing to its revitalization. The neighborhood offers a mix of single-family homes, rowhouses, and apartment buildings, creating a diverse urban environment that attracts a variety of residents, including young professionals, families, and long-time Brooklynites. Ocean Hill is also well-connected to public transportation, with the J and Z subway lines providing easy access to other parts of Brooklyn and Manhattan. While the neighborhood maintains a relatively quiet, residential feel, it is within walking distance to vibrant commercial areas offering shops, restaurants, and other amenities. Overall, Ocean Hill is a neighborhood on the rise, offering a blend of affordable housing, urban conveniences, and a growing sense of community.
Real Estate Information
Ocean Hill’s real estate market is characterized by a mixture of affordable housing options, including brownstones, multi-family homes, and newer apartment buildings. In recent years, the area has seen significant interest from developers, resulting in new construction and renovations that have enhanced its appeal. The neighborhood is often seen as an affordable alternative to more expensive parts of Brooklyn, such as Williamsburg and Fort Greene. Property values in Ocean Hill have steadily risen, though the neighborhood remains more affordable than other parts of Brooklyn, making it an attractive option for first-time homebuyers and investors. The rental market in Ocean Hill is also growing, with a variety of apartment buildings and renovated homes catering to renters looking for affordable living spaces in a neighborhood with easy access to public transportation and the amenities of surrounding areas.
Historical/Interesting Facts
Ocean Hill, like many parts of Brooklyn, has a rich history that dates back to the 19th century. The area was originally developed as a residential neighborhood during the late 1800s, with much of the housing stock built in the early 20th century. It became a vibrant community for working-class families, with industries and factories located nearby providing employment opportunities. During the mid-20th century, Ocean Hill faced economic challenges, as many industrial jobs left the area, and the neighborhood experienced a period of decline. However, the community has been undergoing a revitalization in recent decades, driven by both public and private investment. The neighborhood has attracted new residents and businesses, leading to an influx of development projects, including the construction of new housing and commercial spaces. Ocean Hill is now in the midst of a transformation, with a growing sense of pride and community spirit, while still maintaining its rich cultural heritage and history.
Properties Statistics
Total Properties
7
Median Asking
$928,749.14
Sale Price/ft²
$486.57
Average Home Size
1953 ft²
Average Home Age
101 years
Based on results from 7 properties
