If the prophecy of the F express train ever comes true, Kensington could be one of the most desirable, up-and-coming neighborhoods. Be careful what you wish for though… Kensington has managed to remain relatively affordable in spite of its proximity to Prospect Park, and access to multiple F train stops. If that’s not enough green space for you, the Green-wood Cemetery on the northern border rises above the neighborhood in appealing rolling hills. Kensington attracts younger home buyers who want to live in a neighborhood accessible to Manhattan, but more friendly and residential than high-rises.
This being said, Kensington has plenty of resources within its borders. The area around Church Avenue includes everything from a barn-like discount warehouse, to family run bodegas, and chain drug stores. The eatery selections are as diverse as the residents, who hail from pretty much everywhere. Currently, Orthodox families from nearby Borough Park are making their way into the neighborhood, along with residents priced out of Windsor Terrace and Prospect Heights.
Kensington contains many older co-op apartment buildings, townhouses, and detached homes. The co-ops are very affordable, though single family homes can be quite expensive. The median price for single family home is about $750K, but depending on the size and state of the property, they can sell for anywhere from $300K to over $1M. A quick look at co-op listings reveals a range of $150K to $350K. The median rent for a studio is $1000/mo, and a 1Br is about $1300/mo.