Jewish Brooklyn neighborhood sees prices march up

Gravesend, Brooklyn has become a hot real estate location and a Sephardic Jewish haven. Real estate prices have soared as families and friends move to the area for its Jewish community and proximity to a synagogue. At the same time, other nationalities are growing. Once predominantly Irish and Italian, the neighborhood has seen an influx of Chinese, Mexicans and Russians. “The beauty is that you can afford to get in at $600,000, and you also have beautiful mansion-type homes that go for $5 million or more,” said Vera Capozucca, a broker at Fillmore. Last December, The Real Deal reported on big sales in Gravesend and southern Brooklyn.