Bedford Stuyvesant Real Estate
Bedford Stuyvesant is a neighborhood consisting of approximately 153,000 residents (as of the last census data) and is located in the northern central part of Brooklyn. Those living in Bedford Stuyvesant commonly call their neighborhood Bed-Stuy for short. The Bedford Stuyvesant real estate market currently offers a number of opportunities for those wishing to live in the neighborhood, as there are homes, condos, duplex homes, townhouses and apartments for sale and rent. Many of the available properties have Brooklyn’s typical brick or brownstone style on their exterior. As of this writing, the current average listing for Bedford Stuyvesant real estate on Trulia is approximately $1,082,000, and the average sale price for a property is about $749,500. In recent months, data shows that the average price per square foot for Bedford Stuyvesant real estate was $623. This shows an increase of 13.3 per cent when compared to the same time frame last year.
There is a lot of Bedford-Stuyvesant real estate opportunity. For example, the larger multi-family apartment units that were developed by some of the Brooklyn’s major architects in the 19th and 20th centuries are currently available. There is also newer Bedford-Stuyvesant real estate being developed every day, but experts are quick to point out that 8,800 buildings in the area were built prior to year 1900.
Staying true to Brooklyn, much of the Bedford-Stuyvesant real estate features a bottom floor that is home to neighborhood pubs, bakeries, shops, restaurants, and convenience stores. This can be a great way to maximize Bedford-Stuyvesant real estate options.
Bedford Stuyvesant Real Estate: Transportation
Bedford Stuyvesant is a historic neighborhood in Brooklyn. There are subways on all sides and in between, filtering in and out of the neighborhood. For example, the A/C train travels all up and down Fulton Avenue, and the G train accommodates travel to a few different neighborhoods, including Williamsburg, Long Island City, and Clinton Hill. The J/Z trains connects travelers to downtown Manhattan and Bushwick. It’s easy to travel in and out of the Bedford-Stuyvesant neighborhood, further making Bedford-Stuyvesant real estate more attractive.
Bedford Stuyvesant Real Estate: Living
Bedford Stuyvesant (and the Brooklyn area in general) sees approximately 107 sunny days a year, which is actually more sun than most New York cities get. Seasonal highs hit an average of 84 degrees and a seasonal low average of 39 degrees. The cost of living in Bedford Stuyvesant is approximately $55.6K and the median age of residents is 30-39.
Bedford Stuyvesant Real Estate: Things to Do
There is a lot to do in the historic neighborhood of Bedford-Stuyvesant. For dining, residents enjoy the popular dining hangout of Ms. Dahlia’s Cafe. Residents say it arguably has the tastiest chicken and waffles in all of New York City. The cafe also has great pies, cookies, tea and coffee.
As for shopping, there are a number of neat stoop sales in the warmer months and antique stores throughout the area.
Bedford Stuyvesant Real Estate: Bottom Line
According to some Brooklyn experts who study real estate trends, Historic Bedford Stuyvesant real estate is seeing a renaissance of the neighborhood; one that includes a resurrection of commercial strips, housing, and new bars and restaurants.