Downtown Brooklyn is the borough's civic and business center, around Borough Hall and Fulton Street. Since the area was rezoned in 2004 it has added many high-rise rental and condo towers.
Few places in the city have more subway lines: Jay St–MetroTech (A/C/F/R), Borough Hall (2/3/4/5, R), DeKalb Av (B/Q/R) and nearby Atlantic Av–Barclays Center, plus the LIRR.
Most for-sale housing here is condos in newer towers, so price per square foot and monthly carrying costs matter more than a headline median. Compare buildings on StreetEasy.
Ask every new-construction seller for the tax abatement schedule and projected taxes after it ends; Tami's notes flag this as the biggest surprise for Downtown Brooklyn buyers.
Tami Earnest is a Compass agent who works with buyers and sellers in Downtown Brooklyn and across Brooklyn, Manhattan and Westchester.
Welcome to the gorgeous area of Downtown Brooklyn! As of the latest US census, around 22,904 call this area home and around 23% are homeowners. With an average age of 32, Downtown Brooklyn has a dynamic, and energetic population. In any given day, you’ll see parents taking their kids to school, staying active in the nearby parks, or simply enjoying the hustle and bustle of Downtown Brooklyn. Over the past 30 days roughly 5 homes have been sold with an average sold price of 1,696,000. That is an increase of $119,936 from the previous period.
I want to ensure that you have all the information needed to make the best decisions when it comes to your home goals. When you enter your info below you will get instant access to the area's latest market report, complete with sales and demographic trends.
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