714 5th Ave
714 5th Ave,
Brooklyn, NY 11215
$3,275 - $7,100 | 1-4 Beds
Greenwood is a quaint neighborhood on the banks of the Hudson River and Upper Bay in Brooklyn, New York. This urban area is situated near Downtown Brooklyn with close proximity to major roads and subway stations that take you around town and to neighboring New York City boroughs. Though a bustling urban neighborhood, Greenwood boasts walkable streets, good schools, and a safe community that’s favored by its residents. Greenwood is nestled near the Green Wood Cemetery, a sprawling area across nearly 500 acres that’s home to numerous notable figures. In fact, this historic site was once a Revolutionary War battlefield!
If you’re looking for outdoor recreational amenities, Prospect Park is just three miles east of your potential new home, offering a zoo, lake, wooded trails, athletic fields, dog play areas, and more! Greenwood’s community offers a few restaurants and businesses, but if you’re looking for more variety, Downtown Brooklyn is just five miles north of town and Manhattan is located 11 miles north.
Though rent is still considered above the national average, it’s relatively lower than neighboring areas with plenty of apartments, condos, and townhomes available for rent. Enjoy a family-friendly atmosphere, big city proximity, and beautiful waterfront views from Greenwood.
As of March 2025, the average apartment rent in Greenwood is $1,637 for one bedroom, $1,693 for two bedrooms, and $1,639 for three bedrooms. Apartment rent in Greenwood has increased by 0.5% in the past year.
1 BR
584 sq ft
Average Sq Ft
$1,637/month
Average Rent
2 BR
482 sq ft
Average Sq Ft
$1,693/month
Average Rent
3 BR
0 sq ft
Average Sq Ft
$1,639/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Rider's Paradise
out of 100 TransitScore® Rating
Living in this area is considered a rider’s paradise, with world-class transportation.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
3,214
Communities
892,192
Units
827
Cities
694
Communities
187,862
Units
313
Cities
645
Communities
126,670
Units
256
Cities
618
Communities
163,110
Units
234
Cities
609
Communities
104,969
Units
214
Cities
540
Communities
125,379
Units
273
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.