Downtown Brooklyn: a neighborhood “in the middle of it all”
What you will find
The limits of downtown Brooklyn are a subject of perpetual debate. Known as the Special Downtown Brooklyn District, the neighborhood is located between Tillary Street to the north, Atlantic Avenue to the south, Clinton Street to the west, and Ashland Place to the east. This roughly matches the boundaries set by the three Downtown Brooklyn Partnership Business Improvement Districts, with the exception of Atlantic Avenue.
Part of the neighborhood’s appeal is that it is “at the crossroads of Brooklyn’s more idyllic neighborhoods,” said Cornelia H. Van Amburg, real estate agent at Compass who represents a 59-unit condominium on Schermerhorn Street. called Symon. Residents are within walking distance of Brooklyn Heights, Cobble Hill and Boerum Hill to the west, and Fort Greene and Prospect Heights to the east.
“It’s really like being in the middle of it all,” said Ryan Serhant, the real estate broker whose agency, Serhant, manages sales of Brooklyn Point, a luxury condo tower on Willoughby Street that was developed by Extell. , known for its high- end Manhattan properties.
Access to public transportation is also a huge draw: depending on where you are in the neighborhood, it’s a subway or two stops to Lower Manhattan. Other transportation options, from buses to Citi bikes, are plentiful.
The housing stock is largely made up of rentals, thanks to the proliferation of towers built after the 2004 rezoning, many of which include affordable housing – among them, Hub, a 50-story building on Schermerhorn Street with around 600 apartments , and Ava DoBro on Willoughby Street, with over 800 apartments.
But there are options for buyers as well. BellTel Lofts was one of the area’s first condo developments when it opened in 2008, Ms. Myer said. Its loft-style apartments are housed in the former New York Telephone Company headquarters on Bridge Street, an iconic Art Deco building. Smaller boutique properties, like the one Ms. Van Amburg represents, can also be found throughout the neighborhood.