Park Slope Real Estate

2007-10-15 12:53:47

( Business )



Located along the western section of Brooklyn in New York, Park Slope is a quaint borough characterized by historical buildings and numerous cultural places. Park Slope has a current population of about seventy thousand.

History of Park Slope

Historically, Park Slope served as one of the battlegrounds between the American revolutionaries and the colonial government. The late nineteenth century saw the rapid development of Park Slope real estate, with the rise of many brick and brownstone residential structures, making it the most prestigious community in the country at the time.

Park Slope experienced a slump during the fifties, largely due to massive relocations of its upper-class citizens to more progressive suburbans. However, there was a major revival movement to restore the area's historical sites, and the popularity of Park Slope real estate rebounded.

By the latter part of the last century, people from Manhattan and other major areas of New York began moving into Park Slope. This resulted in a real estate boom and made Park Slope a racially and economically mixed community of both rich stock brokers as well as working class residents. Banks and brand-name commercial establishments also replaced some of the old dollar stores and other family-owned businesses.

Profile of Park Slope Real Estate and Community

Many of the old historical structures have been revived in recent years and actually serve as the main attraction of the borough.

Bordering the Park Slope residential areas are various places of culture such as a famous park, a botanical garden, a museum, a library, and several churches of various denominations.

Aside from its historical sites, Park Slope also has modern shopping centers, top-rated restaurants, and community gardens. Its proximity to the nation's premier financial center also made Park Slope real estate quite attractive to young professionals and businesspeople.

As such, Park Slope real estate experiences a moderately high demand level, yet realty prices are comparatively lower than most New York suburbs. Most Park Slope real estate for rent also cost over one thousand dollars.

How to Find Park Slope Real Estate Properties

If you are interested in buying or leasing a Park Slope real estate property, you can contact a local New York or Brooklyn real estate broker. You can also find Park Slope real estate properties for sale or lease in various websites.

The websites have photos and detailed information of the Park Slope real estate properties for sale. Some sites also contain detailed maps of the locations of these properties.


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