This week in Brooklyn real estate, multiple noteworthy developments took place, including two affordable housing lotteries: one in East New York with studio rents starting at $544 and the other in Crown Heights with two-bedroom units starting at $1,161. A luxurious Queen Anne standalone home in South Midwood is also on the market for $3.5 million. Additionally, renovated properties, such as those in Brooklyn Heights, range from $1.68 million to $12.5 million, showcasing a broad spectrum of options in the borough.
The affordable housing lottery in Crown Heights showcases a vital opportunity for residents, with prices starting at $914 for studios, amidst a growing housing crisis.
Recent listings in Brooklyn Heights highlight high-end properties, with a notable townhouse available at $1.68 million, reflecting the area’s diverse real estate market.
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