Pros: Historic brownstones and proximity to 585-acre Prospect Park make this area a favorite of New Yorkers looking to escape Manhattan shoeboxes. The new Barclays Center arena is a close walk but still removed from the heart of the neighborhood.
Crime rates are akin to those in the suburbs, and transport options include a 40-minute subway ride to Midtown Manhattan. Locals love the award-winning restaurants, food co-op, farmers' markets, and homegrown bakeries and shops.
"I could go weeks without leaving," says Nancy Liao, founder of a pet-food business.
Cons: Newbies may struggle to adjust to the lack of big-box retail or supermarkets. And the real estate market is brutal (this is New York City): Homes are the priciest on our list, though still lower than in many areas in Manhattan. --Pieter Van Noordennen
What's your favorite NYC neighborhood and why? Send a photo of the area and tell us why you love it to firstname.lastname@example.org or #mybestplaces and your top pick may be featured in an upcoming CNNMoney gallery.Subscribe to Money Magazine
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