Historically, Boerum Hill was a suburb of Manhattan. Today, the revitalized neighborhood retains a somewhat semi-suburban vibe, which has made it into a highly desirable oasis for homebuyers, driving real estate prices through the roof. The area is considered a destination for families and singles alike with houses and apartments for sale in Boerum Hill commanding ever-rising prices. The community effortlessly combines a downtown vibe coupled with intimate suburban living. Boerum Hill is especially admired for its new dining district on Smith Street, where you can find just about every cuisine imaginable. The area also offers residents plenty of boutique shopping. Notably, Nunu Chocolates has its flagship stores in Boerum Hill. If you buy a home in the neighborhood you will never find yourself without access to public transportation, especially since the transportation hub known as the Atlantic Terminal is right on the tip of Boerum Hill. Residents of the neighborhood enjoy a slower-paced lifestyle away from the Manhattan rush.
As far as the housing market is concerned prices have been on the rise in recent years. Overall, Boerum Hill can be described as expensive (like all of NYC), but it is filled with beautiful historic brownstones and brick homes. Townhouses for sale in Boerum Hill are highly desirable and have quickly become some of the most valuable properties in Brooklyn. Inventory is low and is generally limited to townhouses, and a small mix of new development condos as well as some older co-op apartments. The most desirable new condos include 556 State Street, 87 Smith Street, and The Boerum condominium at 265 State Street. For more options, there are plenty of new buildings just a few blocks north of Boerum Hill, in neighboring Downtown Brooklyn.