You are using an older browser version. Please use a supported version for the best MSN experience.

A little-known Brooklyn neighborhood was named one of the world's coolest places — here's what it's like

Business Insider Logo By Sarah Jacobs of Business Insider | Slide 1 of 18: <p> Sunset Park is having a moment.</p><p> Earlier this year, Lonely Planet revealed its list of the <a href="http://www.businessinsider.com/worlds-coolest-neighborhoods-2017-8?utm_source=msn.com&utm_medium=referral&utm_content=msn-slideshow&utm_campaign=bodyurl"> coolest neighborhoods</a> to visit in the world, and Sunset Park, a formerly industrial neighborhood in South Brooklyn, made the cut.</p><p> Recent property developments in the neighborhood - including a <a href="https://www.nycedc.com/project/made-ny-campus-bush-terminal">$136 million city</a> investment toward a Made In NY Campus, and warehouses that have been repurposed into what is now called <a href="https://industrycity.com/">Industry City</a> - are eerily similar to what you'll see in Sunset Park's better-known neighbors to the north, like the once-industrial but now-<a href="http://www.amny.com/real-estate/williamsburg-leads-nyc-in-gentrification-report-says-1.11786129">gentrified Williamsburg</a>. </p><p> In March, a home in Sunset Park sold for a record-breaking <a href="https://www.dnainfo.com/new-york/20170317/sunset-park/sunset-park-real-estate-industry-city"> $2.05 million</a>, and brokers are predicting that more luxury properties will be built. According to StreetEasy's August rent report, the <a href="https://streeteasy.com/blog/august-2017-market-reports/">median asking price</a> for homes in Sunset Park has gone up 22.9% year over year - and still, buyers being <a href="https://www.nytimes.com/2017/08/11/realestate/new-york-city-neighborhoods-where-few-homes-are-for-sale.html"> pushed out of nearby</a> neighborhoods like Park Slope are looking to Sunset Park for homes within their price range. </p><p> We ventured into Sunset Park to see how the neighborhood is changing and what it has to offer.</p>

Sunset Park is having a moment.

Earlier this year, Lonely Planet revealed its list of the coolest neighborhoods to visit in the world, and Sunset Park, a formerly industrial neighborhood in South Brooklyn, made the cut.

Recent property developments in the neighborhood - including a $136 million city investment toward a Made In NY Campus, and warehouses that have been repurposed into what is now called Industry City - are eerily similar to what you'll see in Sunset Park's better-known neighbors to the north, like the once-industrial but now-gentrified Williamsburg.

In March, a home in Sunset Park sold for a record-breaking $2.05 million, and brokers are predicting that more luxury properties will be built. According to StreetEasy's August rent report, the median asking price for homes in Sunset Park has gone up 22.9% year over year - and still, buyers being pushed out of nearby neighborhoods like Park Slope are looking to Sunset Park for homes within their price range.

We ventured into Sunset Park to see how the neighborhood is changing and what it has to offer.

© Sarah Jacobs/Business Insider

More from Business Insider

Business Insider
Business Insider
image beaconimage beaconimage beacon