Location: North-western Brooklyn. Character: Known for beautiful brownstone buildings, wide avenues and neighboring Prospect Park, Park Slope is mostly a residential neighborhood – especially in its eastern, park-adjacent portion.
You will also find any small bookstores, coffee shops and restaurants here, particularly along Seventh and Fifth Avenues. Fourth Avenue, where most new residential development occurs (mostly in the form of multistory buildings), has relatively heavy car traffic; it's also a major truck route.
Apartments & Real Estate
As a rule of thumb, the closer to Prospect Park, the more expensive apartments get. Rent-stabilized apartments are still relatively common (and rents on otherwise comparable apartments can sometimes be drastically different).
In 2003 the city rezoned 110 blocks, protecting the neighborhood's low-rise brownstones but also allowing for buildings of up to 12 stories high in the Park Slope section of Fourth Avenue. Most new developments are happening in this area, which had previously been "home" only to auto repair shops and similar establishments.
Current Rental Statistics
Selected Rental Buildings
See all Park Slope Rental Apartment Buildings (126 buildings)
Selected No-Fee Rental Listings
See all Park Slope No-Fee Rental Apartments (12 total)
Condo & Co-op Buildings
See all Park Slope Condo Apartment Buildings (7 buildings)
See our list of Park Slope Co-op Apartment Buildings (23 buildings)
Through the 1950s, as the middle class was heading for the suburbs, previously prestigious Park Slope was deteriorating. It gradually became a poorer, working-class, predominantly Italian and Irish neighborhood. In the late 1970's, buildings around Fifth Avenue were routinely abandoned. This, however, was also when first seeds of revitalization were sewn: resident families and a community of newly settled feminists (including many lesbians) began renovating abandoned brownstone buildings.
During the 1980s, an influx of immigrant families changed the neighborhood once again. In the 1990's, Park Slope became one of the favorite neighborhoods for "Manhattan refugees" fleeing spiraling rents on the island. As always, the renewed push for gentrification has proven to be a mixed blessing, with many old residents decrying the rising prices that ex-Manhattanites were seemingly bringing about.
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