Greenwood Heights at a Glance
Squeezed between its neighbor Park Slope to the north and Sunset Park to the south, Greenwood Heights has quietly transformed itself with new modern condominium developments and a surge in new local restaurants and bars catering to a diverse demographic. Originally the site of a major Revolutionary War battle, Greenwood Heights borrows some of its name from Green-Wood Cemetery which the neighborhood wraps around. Greenwood Heights real estate is most notable for its range of small, neatly maintained row- and single-family houses, many of which have been gut renovated and interspersed with small modern condominiums built in the past 10 years. The neighborhood is serviced by the R train and is nearby the D train in Sunset Park.
Residential Market: 2020
Avg Residential Rent
$1,882
Avg Price for Condo Sellouts
$1,000,000
Investment Sales: 2020
Total Dollar Volume of Investment Sales
$18,175,399
Avg Multifamily Sale PPSF
$531
Avg Retail/Mixed-Use Sale PPSF
$465
Avg Development Site Sale PPBSF
$249
Additional Demographics: 2020
Avg Household Income
$96,646
Total Population
39,475
Transportation
Subways
Buses
B35 B37 B63 B67 B69 B70 B75 B103 X27 X28 X29 X37 X38
Other Transportation
Gowanus Expressway, Prospect Expressway
Neighborhood Vibes
Situated on higher land than its neighbors, Greenwood Heights offers excellent views of Upper New York Bay and the Manhattan skyline. In addition to the close proximity to Green-wood Cemetery and Prospect Park, 4th and 5th Avenues feature a number of recently opened bars, eateries and stores to visit.
Greenwood Park
A 13,000 SF indoor & outdoor restaurant, beer garden and event space.
Baked in Brooklyn
A massive bakery/storefront, that distributes its baked good to supermarkets all over NYC and a popular retailer for summer picnics