Kensington: The Last Affordable Neighborhood Near Park Slope?


In one of its “Living in” columns, The New York Times took a look at Kensington, a slice of a neighborhood sitting between Green-Wood Cemetery and a corner of Prospect Park, with Windsor Terrace to the north and Ditmas Park to the south.

“Kensington is the last affordable neighborhood before you get to Windsor Terrace and Park Slope if you’re trying to move closer to the city,” the story quoted a broker, Liam McCarthy, who founded the agency JMKBK, as saying.

The “historically working class area” has a large number of immigrants from more than 15 countries, including Russia, Mexico, Pakistan, Haiti and Poland, said the Times. It is also attracting “increasing number[s] of young professionals, many of them unable to afford Brooklyn neighborhoods closer to Manhattan, like Park Slope and Windsor Terrace,” said the Times.

Prices range from $750,000 to $1,200,000 for a townhouse, according to the story. A two- or three-bedroom co-op or condo will set you back $400,000 to $650,000. There are also plenty of rentals, with two-bedroom apartments going for about $2,000 a month, said the Times.

Would anyone familiar with the area care to chime in? What do you think of Kensington?

Living in: Affordability in Kensington [NY Times]
Photo by Google Maps

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