Neighborhood News

Mortgage Rates Hit Lowest Point Since Early 2023 – What It Means for NYC Real Estate & Crown Heights

By Valerie Sebbag | 555 Properties LLCDate: September 18, 2025 Mortgage rates in the U.S. have finally eased to levels not seen since early 2023 - a change that’s breathing new life into the NYC real estate market. According to Freddie Mac, the average 30-year fixed mortgage rate is now 6.26%, down from around 6.35% last week. The 15-year fixed rate is averaging 5.41%. AP News+3Bloomberg.com+3AP...

Unlocking Your Dream: The Ultimate Guide to Buying a Brownstone in Crown Heights

Unlocking Your Dream: The Ultimate Guide to Buying a Brownstone in Crown Heights

Crown Heights, Brooklyn, stands as a testament to timeless elegance and vibrant community. For many, owning a brownstone here isn't just about acquiring property; it's about embracing a piece of New York's rich history and becoming part of a thriving neighborhood. This guide, brought to you by Valerie Sebbag, a dedicated Realtor with 555 Properties LLC, will walk you through every essential step to...

Modern Brownstones in Brooklyn

Modern Brownstones in Brooklyn: A Blend of Tradition and Innovation

In 2025, Brooklyn's brownstone market is experiencing a renaissance, blending historic charm with modern living. Renovated homes now feature smart technology, energy-efficient upgrades, and open-concept layouts, appealing to buyers seeking both style and functionality. Tree-lined streets in neighborhoods like Crown Heights, Park Slope, and Boerum Hill enhance the allure, while flexible layouts accommodate multi-generational families. These updated brownstones offer the perfect balance of timeless architecture and contemporary comforts, making them highly sought-after in Brooklyn’s competitive real estate market.

Park Slope Housing Market Update – Fall 2025

Park Slope Housing Market Update – Fall 2025

Park Slope remains one of Brooklyn's most sought-after neighborhoods, offering a blend of historic charm and modern amenities. As of mid-2025, the housing market in Park Slope has shown resilience, with notable trends in both sales and rentals. 📊 Market Overview Median Listing Price (July 2025): $1.4 million, a decrease of 12.8% year-over-year. (realtor.com) Median Sale Price (July 2025):...

Crown Heights Realtors Making Headlines

Breaking News: Crown Heights Realtors Making Headlines

Crown Heights, Brooklyn -- Crown Heights continues to stand out in Brooklyn’s real estate market, with major new listings drawing attention from buyers and investors across the city. At the center of this momentum is Valerie Sebbag, a leading realtor with a track record of matching clients to some of the neighborhood’s most significant properties. 🏛 Historic Landmark: The Hill Funeral Home...

Crown Heights Real Estate 2025

Crown Heights Real Estate 2025: Rising Prices Meet Buyer’s Market

By Valerie Sebbag, Licensed Real Estate Broker Crown Heights Market UpdateCrown Heights, Brooklyn, is entering a notable shift in its 2025 real estate market. Home prices continue to climb, with a 9.2% year-over-year increase, bringing the median home price to around $1.3 million. This steady growth reflects ongoing demand and long-term investment potential in this historic Brooklyn neighborhood. At the...

From Carroll Street to Lincoln Place: Exploring Brooklyn’s Most Historic Blocks

From Carroll Street to Lincoln Place: Exploring Brooklyn’s Most Historic Blocks

Crown Heights is one of Brooklyn’s most vibrant neighborhoods, where history, architecture, and community come together. Walking along streets like Carroll Street, President Street, Eastern Parkway, Montgomery Street, Union Street, Crown Street, St. Johns Place, Lincoln Place, and Empire Boulevard, you will discover homes and landmarks that showcase over a century of Brooklyn’s rich heritage. For...

Discover Crown Heights: A Blend of Heritage, Culture & Community

Crown Heights, Brooklyn, is a neighborhood where history, culture, and community converge. From the historic brownstones on streets like Eastern Parkway, President Street, Crown Street, Montgomery Street, Carroll Street, Union Street, Lincoln Place, Kingston Avenue, Nostrand Avenue, Albany Avenue, and New York Avenue, to the rich cultural tapestry that defines the area, Crown Heights offers a unique...

Maximizing Your Home’s Value Before Selling in Crown Heights

Selling a home in Crown Heights can be competitive, and small improvements can make a big difference in how buyers perceive your property. Preparing your home strategically can help you sell faster and at a higher price. Start With Smart Renovations Focus on updates that give the most return on investment. Kitchens and bathrooms often have the biggest impact. Repainting cabinets, updating fixtures,...

Crown Heights Development Watch: Key Projects Transforming the Neighborhood

73–99 Empire Boulevard – CW Realty’s $40M Acquisition CW Realty Group, led by Cheskie Weisz, recently acquired 73-99 Empire Boulevard for $40 million. This 13-story mixed-use development will feature 261 residential units, with 52 affordable units, and 90,000 sq ft of retail space, including a grocery store. While average rents have not been disclosed, the total building size is 250,000 sq...