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 Real Estate
Neighborhood Profiles

Park Slope/Prospect Heights

If Park Slope makes you think of brown-rice living, tree-lined blocks by the park, and Victorian brownstones bought at half the price of most Manhattan apartments, you havenít been out there lately. While $900,000 would have guaranteed a townhouse just off Prospect Park five years ago, todayís buyers are paying upwards of $1 million for houses closer to the Gowanus Canal. — EMILY GITTER

Richard Lazarus, an 81-year-old broker who has lived in Prospect Heights since 1956, still can't get his mind around the rise in real-estate prices in that neighborhood over the past three years. "The jumps have been fantastic," he says. "Brownstones that sold for $400,000 to $450,000 three years ago are going for $1 million today." The revitalization of the neighborhood began in the late eighties with the restoration of abandoned apartment houses by private developers, and continued in the late nineties with city-financed conversions for middle-income tenants. As housing prices have risen, the median age of the population has fallen. But Prospect Heights remains an ethnically diverse, family-oriented area where many residents have held on to their homes for decades. "People want to come to Prospect Heights now, and nobody's selling," explains Lazarus. — LAURIE SANDELL

In our archive
Best of New York: Brooklyn (March 25, 2002)
Real Estate 2002: Prospect Heights (March 11, 2002)
Real Estate 2001: Park Slope (March 12, 2001)
Positively Fourth Avenue (August 27, 2001)

Apartment Prices

Sales (Park Slope)
Studio: $90K-$115K
One-bedroom: $190K-$235K
Two-bedroom: $300K-$500K
Classic sixes: $600K-$700K
Classic sevens: $700K-$1.3M

Real Estate Listings
Offsite resources

Brokers specializing in Park Slope and Prospect Heights apartments
Corcoran, 200 Seventh Ave., 718-499-3700
William B. May, 100 Seventh Ave., 718-230-5500
Heights Berkeley, 76 Seventh Ave., 718-399-2222
Donawald Realty, 276 Fifth Ave., 718-965-9400
Betancourt & Associates, 335 Seventh Ave., 718-369-7900
Jonathan Shaye Realty, 378 Seventh Ave., 718-832-8800
Aguayo & Huebener, 138 Seventh Ave., 718-788-8200; 244 Fifth Ave., 718-622-9300
Park Terrace Properties, 457 Seventh Ave., 718-369-1700
Marilyn Donahue Real Estate, 78 Seventh Ave., 718- 638-9200
Rita Knox Realty, 241 Fifth Ave., 718-965-2722
The Schools

Offsite resources

Elementary and Middle Schools

School District 15

High Schools
The Secondary School for Law, Journalism, and Research

Clara Barton High School

W.E.B. DuBois Academic High School

Prospect Heights High School

Brooklyn Academic Continuum

School Reports
Board of Ed site (in PDF format)

Offsite resources

Weekly Crime Stats (in PDF format)
Precinct 78 (Park Slope): 65 6th Ave., 718-636-6411
The Scene
Brooklyn Blue Ribbon: It was only a matter of time before Blue Ribbon brothers, chef-owners, and night owls Bruce and Eric Bromberg got around to Brooklyn...

Rose Water: Park Slope foodies love Rose Water's seasonal menu, careful service and mellow ambience.

Cafe Steinhof: A traditional Viennese bar and cafe from the owners of established local favorite Max & Moritz.

Up Over Jazz Cafe: Kool jazz for those so cool they don't need Manhattan.

Loki Lounge: As in "low-key," which sums up both the crowd and the ambience at this popular Park Slope hangout.

Hooti Couture: A bustling, offbeat little vintage boutique with clothing for both men and women.

The Clay Pot: It started as a pottery shop, but these days the crowds come to this tiny Park Slope boutique for unique, well-priced jewelry (especially wedding bands and engagement rings).

Antiques of Calicoon: An amazing selection of twentieth-century American furniture and memorabilia, plus Art Deco lighting and vintage clothing.

Other Helpful (or Interesting) Websites

Offsite resources
Community District Page: Park Slope

Community District Page: Prospect Heights

Park Slope Civic Council Neighborhood Guide

South Brooklyn Network: Park Slope

Community Board 6

Sponsor Directory
Real Estate Showcase - Artful Architecture

“Whether you're just curious about real estate or actively looking, check out the Real Estate Showcase, where we feature some of the hottest properties on the market that you need to know about. From the tri-state area and beyond, we do the legwork to present the short list of the best of what’s out there. Click here to find out what we’re spotlighting in this week’s showcase.”