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Explore Prospect Heights Neighborhood in New York City

Real Estate New Developments

General Information

Prospect Heights is a lively and growing neighborhood in central Brooklyn, known for its mix of cultural diversity, tree-lined streets, and proximity to the iconic Prospect Park. The neighborhood offers a blend of historic charm and modern conveniences, attracting a wide range of residents, including young professionals, families, and creatives. With a thriving arts scene, local cafes, and easy access to public transportation, Prospect Heights has become one of Brooklyn’s most desirable areas to live, offering a balance of urban excitement and residential tranquility.

Real Estate Information

The real estate market in Prospect Heights features a mix of pre-war brownstones, modern condominiums, and newly developed luxury buildings. As one of Brooklyn’s more desirable neighborhoods, property values in Prospect Heights have been rising steadily in recent years, driven by its prime location near Prospect Park, excellent schools, and growing dining and shopping scene. With its combination of historic architecture and new development, the neighborhood appeals to homebuyers and investors looking for both value and character in one of Brooklyn's most sought-after locations.

Historical/Interesting Facts

Prospect Heights has a rich history dating back to the 19th century, with its development closely tied to the creation of Prospect Park, designed by Frederick Law Olmsted and Calvert Vaux. The neighborhood’s name reflects its proximity to the park, which has remained a central part of its identity. Historically, the area was primarily residential, with a strong presence of working-class families, but in recent decades, it has undergone significant gentrification, bringing in new residents and businesses. Today, Prospect Heights maintains a unique blend of old and new, with well-preserved brownstones sitting alongside modern developments, making it a vibrant and diverse community in Brooklyn.

Properties Statistics

Total Properties

35

Median Asking

$808,180.02

Sale Price/ft²

$1,405.13

Average Home Size

517 ft²

Average Home Age

33 years

Based on results from 35 properties

Buildings in this Sector

Heritage Dean Street470 dean street

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Turner Towers135 eastern parkway

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The Mark Condos336 street marks avenue

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OLD PS 9 OWNERS COR279 sterling place

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Museum Court115 eastern parkway

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Vantage238238 street marks avenue

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FAQ about Prospect Heights