385 Union Avenue 25% Rented

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Either we have an over-inflated sense of self-importance or the marketing folks at 385 Union Avenue are hopelessly out of touch. When we called to check up on the 47-unit project, the broker at the rental office had never heard of your friendly neighborhood real estate blog. Regardless, they were nice enough to cough up some basic stats. Evidently, it’s been a rental “for some months now” and “about a quarter” of the units are rented. None of the prices are on the website, but this one bedroom popped up on Streeteasy last week for $2,320 a month and we were told that a two-bedroom on the third floor is going for $2,970 after you factor in a month of free rent. Seem pricey to you?
Development Watch: 385 Union Avenue [Brownstoner] GMAP

By Brownstoner |