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| neighborhood profile |
| Carroll Gardens & Boerum Hill |
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| Caroll Gardens' Banania
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The basics: It’s a standard
Brooklyn demographic: “Italians who’ve
been here for years, Hispanics toward the Gowanus,
yuppie families in the really nice brownstones,
and twentysomethings renting from the yuppie families,”
says resident Adam Green. The average townhouse
now sells for over a million, but, Chris Thomas
of William B. May points out, “There’s
a great deal of variation.”
Boundaries: Carroll Gardens stretches from Douglass to Huntington Streets and from Columbia to Smith Streets. Boerum Hill stretches from Smith Street to Third Avenue and from Atlantic Avenue to Fifth Street.
Borders: Brooklyn Heights and Cobble Hill.
Subway stops: F or G to Carroll
St for Carroll Gardens; F or G to Smith St. for Boerum Hill |
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 OUTLOOK
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What's new: “The trend has been to take three- and four-family
houses and turn them back into one or two-family houses,”
says William Ross, president of William S. Ross Real Estate. But
there are also a few conversions of industrial spaces, like the
48 rental units in the Lili Rose, a former furniture warehouse at
Warren and Smith. Brand-new condos on Degraw Street between Court
and Smith, going for around half a million, sold out last year,
as did those in the more affordable Martin on Sackett Street—two-bedroom,
skyline-view apartments went for $325,000.
Bargain hunting: Try “Carroll Gardens
West”—the Red Hook border zone on the far
side of the Brooklyn-Queens Expressway. “Sales
run 10 to 15 percent below the equivalent amount of
space on the other side of the divide,” says
Thomas. The Gowanus Canal cleanup has revitalized the
southeastern edge of Carroll Gardens—look for
“sweet little three-story townhouses that you
can still buy for what you’d pay for a
two-bedroom condo,” says Thomas. In Boerum Hill,
prices drop the closer you get to the projects.
Prediction: Gentrification fueled the
price increases of the past several years, but
demand is finally cooling—instead of twenty buyers
for every property, there are five. Look for sale
prices to hold for houses and larger apartments
in Carroll Gardens and the prime section of Boerum
Hill (closer to Cobble Hill), but to soften for
less desirable units. In the long run? “The
very last buildable lots have been developed or
are being developed,” says Bill Ross. “Within
two years, nothing new will be built, and prices
should go up a lot.”
— Profile from the March
10, 2003 cover story of New York Magazine
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| APARTMENT
PRICES |
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TO BUY
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2001
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2003
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| Studio/1BR |
$125K-$300K |
$150K-$400K |
| 2BR |
$250K-$525K |
$350K-$635K |
| Family
Apt. |
$500K-$675K |
$500K-$750K |
| Townhouse |
$600K-$1.5M |
$800K-$1.5M |
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TO RENT
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2001
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2003
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| Studio/1BR |
$1,200-$1,800 |
$1,200-$1,800 |
| 2BR |
$1,800- $2,500 |
$1,600-$2,500 |
| Family
Apt. |
$2,800-$4,000 |
$2,400-$3,500 |
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NEIGHBORHOOD
BROKERS
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Multiple Listing on Our Carroll Gardens' Website
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William
B. May, 150 Montague St., 718-875-1289
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Cobble
Heights Realty, 206 Court St., 718-596-3333
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Brooklyn
Bridge Realty, 211 Court St., 718-625-3700
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Harbor
View Realty, 179 Atlantic Ave., 718-855-1591
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Marilyn
Donahue Real Estate, 189 Court St., 718-522-2929
MANAGEMENT CO./PROPERTIES
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Renaissance
Properties
BEST CITYWIDE BROKER SITES
• Corcoran
• Halstead
• William
B. May
• Douglas
Elliman |
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COMPARE THIS NEIGHBORHOOD...
How good are the schools? How many violent crimes have taken place lately? How many pothole complaints have been filed? The city of New York has put the data online. Pour over stats and pit one neighborhood against another. Just fill out your address in the "My Neighborhood" box and select the topic of interest — schools, transportation, public safety, and more.
•
NYC.gov
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RELATED
FEATURES
• Top
5 New Brooklyn Bars (March
10, 2003)
• Best
of New York: Brooklyn (March 25, 2002)
• Real
Estate 2001: Carroll Gardens/Cobble Hill (March
12, 2001)
THE SCENE
Dining
3 Bow Thais:
After gaining a loyal Greenpoint following, the
owners of Amarin have branched out to Carroll Gardens.
278 Smith St., Between Sackett and Degraw Sts.
718-834-0511
Banania
Cafe: This French cafe has helped make Smith Street
the trendiest drag in Brooklyn.
241 Smith St.; 718-237-9100
Cafe LULUc:
This spinoff of the popular Banania has the trappings
of a bistro and the soul of a diner.
214 Smith St., At Baltic St. 718-625-3815
 Caserta Vecchia:
Look for daily Neapolitan specials like pasta e fagioli and polpettone (otherwise known as meatloaf).
221 Smith St., Between Baltic and Butler Sts.;
718-624-7549 or casertavecchiarestaurant.com
Flying Saucer: Popular local spot for coffee, teas, and comfort food.
494 Atlantic Ave.
718-522-1383
Fragole:
Mediterranean restaurant and wine bar with exposed brick interior.
394 Court St.
718-522-7133
The Grocery:
Sub-SoHo prices for inspired dishes on Smith Street's
best restaurant.
288 Smith St., Between Union and Sackett Sts.
718-596-3335
More Carroll Gardens Restaurants
More Boerum Hill Restaurants
Nightlife
Boat:
The eateries that keep popping up along Smith Street
got their first area bar when Boat finally arrived
on the scene.
175 Smith St., Between Warren and Wyckoff Sts.;
718-254-0607
Bar Below
: If every month brings yet another
new bar to Smith Street, this one, beneath an Asian-fusion
restaurant, is a keeper.
209 Smith St., At Baltic St.
718-694-2277
Sparky's Ale
House: A comfortable neighborhood
suds joint for human and canine alike.
481 Court St., At Nelson St.
718-624-5516
Vegas: A spacious bar and lounge with a pool table and jukebox.
135 Smith St.,
718-875-8308
More Carroll Bars & Nightclubs
More Boreum Hill Bars & Nightclubs
Shopping
Foundation:
This contemporary furniture and home-accessory shop
is all about cool colors and clean, simple design.
329 Atlantic Ave., near Smith St. 718-403-9757
Frida's Closet:
Namesake Frida Kahlo also inspired the aesthetic
of this boutique's beautiful, handcrafted women's
clothing.
296 Smith St., at Union St.
718-855-0311
Michelle New York: Contemporary clothing, plus cocktail and bridal attire.
103 Bond St.
718-643-2230
Olive's Very Vintage:
Vintage clothing, accessories and jewelry.
434 Court St., 718-243-9094
Refinery: The store responsible for those ubiquitous 718 T-shirts
— and Suzanne Bagdade's wonderful one-of-a-kind
totes.
254 Smith St., near Degraw St.
718-643-7861
Try Rae's First:
Contemporary men and women's clothing.
430 Court St.
718-935-9573
More Caroll Gardens Stores
More Boreum Hill Stores
RECOMMENDED SITES
Weekly Crime Stats (in PDF format)
Precinct 76: 191 Union St., 718-834-3211
Go Brooklyn: A weekly guide to entertainment.
BoCoCa - A guide to fashion, furniture, food, cocktails and more in the Boerum Hill, Cobble Hill, and Carroll Gardens area.
Brooklyn
Yes - A extensive guide to Brooklyn websites
GoCityKids
/ Brooklyn - A parent's guide to restaurants, shops, services,
and entertainment with kids.
Brooklyn
Information and Culture (BRIC)
South
Brooklyn Network: Carroll Gardens
South
Brooklyn Network: Boerum Hill
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