Greenwood Heights is a great Brooklyn, NY neighborhood with open green spaces, eclectic housing with several different lifestyle options and a booming bar and restaurant scene.
Greenwood Heights borders are approximately Prospect Expressway to the North, Gowanus Canal to the West, 8th Avenue to the East and 39th Street to the South. The surrounding neighborhoods to Greenwood Heights are Windsor Terrace, sunset Park and Park Slope South.
Train service into Manhattan from Greenwood Heights is on the D, N and R lines at 36th Street and 4th Avenue.
There are some good schools located in and around Greenwood Heights. They are:
P.S. 295 The Studio School of Arts & Culture located at 330 18th Street, serving grades PK-5.
P.S. 172 Beacon School of Excellence located at 825 4th Avenue, serving grades PK, OK, 1-5 and SE.
P.S. 24 located at 427 38th Street, serving grades PK- 5th. There is a dual language program in Spanish and English.
P.S. 10 Magnet High School of Math, Science & Design Tech located at 511 7th Avenue.
Real Estate values in Greenwood Heights are at an all time high with tremendous demand for properties of all types.
The latest residential development project planned for the neighborhood is located at 875 4th Avenue at 42nd and 43rd Streets. The building will be 8 stories high and have 150 apartments. The site is a former gas station and was sold for just under $20M. The building will have a rooftop terrace, recreation space, laundry facilities, bicycle storage and 50 underground parking spots will be available for residents.
Greenwood Heights real estate is an affordable alternative to Park Slope prices. Some examples of today’s asking prices are:
For Condominiums with 698 square feet, 1 room studio duplex with 1.5 baths, asking is $499,000, for a 700 square foot, 4 room, 2 bedroom and 1 bath, asking is $595,000, for a 755 square foot, 2 bedroom and 1 bath, asking is $699,000, for a 648 square foot, 1 bedroom and 1 bath, asking is $765,000, for an 1,100 square foot, 3 room, 1 bedroom and 1 bath, asking is $799,000, for a 1,132 square foot, 5 room, 2 bedroom and 2 bath, asking is $995,000, for a 1,126 square foot unit with a 775 square foot private roof terrace, 6 rooms, 2 bedrooms and 2 baths, asking is $1.079M, for a 1,424 square foot, 5 room, 3 bedroom and 2.5 bath, asking is $1.495M and for a 2,429 square foot, 6 room, 3 bedroom and 2.5 bath, asking is $1.985M.
For a 1 family house with 5 rooms, 3 bedrooms and 1 bath, asking is $1.250M and for a 6 room, 3 bedroom and 2.5 bath, asking is $1.695M.
For a 2 family house with 1,202 square feet, 8 rooms, 4 bedrooms and 2 baths, asking is $999,000, for an 1,820 square foot, 8 room, 3 bedroom and 2 bath, asking is $1.3M, for a 7 room, 3 bedroom and 2 bath, asking is $1.395M, for a 2,520 square foot, 8 room, 4 bedroom and 3 bath, asking is $1.430M, for a 1,824 square foot, 9 room, 4 bedroom and 2 bath, asking is $1.495M, for a 2,121 square foot, 8 room, 4 bedroom and 2.5 bath, asking is $1.559M, for a 10 room, 5 bedroom and 2 bath, asking is $1.8M, for a 2,850 square foot, 8.5 room, 4 bedroom and 4.5 bath, asking is $2.495M and for a 3,100 square foot, 10 room, 5 bedroom and 4.5 bath, asking is $3.250M.
For a 3 family house with 8 rooms, 4 bedrooms and 2.5 baths, asking is $1.475M, for an 2,762 square foot, 9 bedroom and 3 bath, asking is $1.595M and for a new construction with 3,120 square feet, 15 rooms, 7 bedrooms and 4 baths, asking is $1.889M.
For a 7 family house with 8,348 square feet, 18 rooms, 9 bedrooms and 7 baths, asking is $4.099M.
For a mixed use building with 2 apartments + 1 store with 2,400 square feet, 10 rooms, 4 bedrooms and 2 baths, asking is $1.9M and for a corner mixed use building with 2 stores + an upstairs ballroom, asking is $4.750M.
Greenwood Heights has some good restaurants. They are:
Lot 2 located at 687 6th Avenue, serving New American cuisine.
Nostro located at 710 5th Avenue, serving Italian cuisine.
Korzo located at 667 5th Avenue, serving Modern European cuisine.
Enjoy My Bagels located at 959 4th Avenue, serving great bagels and cold cuts.
La Cuarta Restaurant located at 782 4th Avenue, serving Peruvian cuisine.
Pablitos Taqueria located at 723 5th Avenue, serving Mexican cuisine.
Habana Tapas located at 685 5th Avenue, serving Spanish cuisine.
Taste of China located at 776 4th Avenue, serving delicious Chinese cuisine.
Giuseppina’s located at 691 6th Avenue, serving Italian cuisine.
There are some good bars in Greenwood Heights that you may want to visit. They are:
Greenwood Park located at 555 7th Avenue, is a pub in an old gas station. There are 60 beer taps on the premises.
Bar 718 located at 718 5th Avenue, with bar games and happy hour drinks.
Freddy’s Bar located at 627 5th Avenue, a classic local saloon and performance space.
Quarter located at 676 5th Avenue, a neighborhood gem and great cocktail bar.
If you are interested in selling your property or you know someone who is planning to sell their Brooklyn New York property, whether a single family residential property, an apartment building, a commercial property, mixed use, multi family, co op or condo, vacant land or a development opportunity, call us. You will be very happy that you did.
