Brooklyn outshines other New York City boroughs in the first quarter of 2012
The borough of Brooklyn has certainly gone through a renaissance over the past few years, evolving from a somewhat infamous community to hosting some of the most expensive real estate in New York, NY. While much of the United States is experiencing value declines, areas in Brooklyn have soared to new heights. Tribeca and Soho were two of the priciest New York City communities in the first quarter of 2012, with median sale prices of $2,315,000 and $1,950,000, PropertyShark reports.
Neighborhoods like Dumbo and Manhattan Beach also ranked high on the latest readings, with the former featuring a median sale price of $901,151 and the latter a median sale price of $877,500, the news source reports.
When moving to New York City, you want to make sure the community you're about to become a part of is safe, close to all of the essential amenities and featuring worthwhile entertainment options. Fortunately, Brooklyn features a plethora of unique qualities that you may enjoy such as its eclectic music scene at the venue Brooklyn Bowl, located on 61 Wythe Avenue, to the Brooklyn Brewery on 79 North 11th Street. There is always something for you to enjoy when you move to Brooklyn, and purchasing property in the affluent neighborhoods may prove to be superior investments.