The Real Deal New York

From the July issue: Prospect Heights has traditionally been a more affordable alternative to neighboring Park Slope. And now, as the Brooklyn market softens, apartment prices in Prospect Heights are dropping with it. Sofia Kim, vice president of research at StreetEasy, said median prices in Prospect Heights — which is loosely bound by Flatbush Avenue, Atlantic Avenue, Eastern Parkway and Washington Avenue — declined by 4.8 percent from $619,000 to $589,000 between the second quarters of last year and this year, the most recent data on record.