Greenpoint, NY Real Estate And Homes For Sale 2 listings

Sitting in the northern-most tip of Brooklyn is Greenpoint. Since the 1800s, this former industrial maritime neighborhood has been home to Polish and Irish immigrants. Greenpoint was known for its shipbuilding, glasswork and pencil manufacturing until the economy declined post-World War II. It has been at the heart of Brooklyn’s shipbuilding industry since its development, and is home to several historical landmarks, among them the launch site of “The Monitor”, Civil War’s first ironclad warship.

Greenpoint’s waterfront is chock-full of industrial and commercial buildings, including the Eberhard Faber Pencil Factory, one of many landmarks in the neighborhood. The real estate in this area consists of modern luxury condos and charming brownstones, with a few detached mansions mixed in. Over 100 industrial buildings have already been converted into loft-style apartments, but the new rezoning project is expected to create 10,000 new apartments in the next 10 years.

Community:

Greenpoint has been at the heart of Brooklyn’s shipbuilding industry since its development, and is home to several historical landmarks, among them the launch site of “The Monitor”, Civil War’s first ironclad warship. “The Monitor” was built by the Continental Ironworks of Greenpoint, and started its maiden voyage from Bushwick Creek. Architectural landmarks abound here - Greenpoint showcases the best styles of “Brownstone Brooklyn” and the grandest efforts of Industrial Age builders. The Astral Apartments on Franklin Street (built by Charles Pratt, founder of the Pratt Institute), is a stunning example of brownstone style adapted to the demands of Industrial Era living. In addition, almost every major building in Greenpoint is an architectural tour-de-force, brilliant in style and perfectly balanced with its surroundings. Don’t be fooled into thinking Greenpoint is a dusty museum of factory buildings, though. The influx of new residents has revitalized the neighborhood’s nightlife, and Greenpoint now offers an extensive selection of restaurants, bars, and entertainment venues.

Over 100 industrial buildings have been converted to loft-style apartments, and new housing is being built throughout the neighborhood. In addition, the New York City Council has approved large-scale rezoning of the Greenpoint waterfront, allowing conversion of industrial zones to high-rise residential and mixed-use districts. The project also includes a 28-acre waterfront park, retail strips, and a continuous riverfront promenade. The rezoning project is expected to create approximately 10,000 new apartments over the next 10 years. This new growth, combined with Greenpoint’s location near major East River crossings as well as proximity to the Long Island City commercial district, is an assurance of steady improvement for the foreseeable future.