The MNS year-end rental report on Brooklyn finds that Brooklyn rents are at “all time highs.” According to MNS, the yearly average rents were $1,812 for studios, $2,400 for one-bedrooms and $3,065 for two-bedrooms. That’s an overall increase of 8.6 percent since 2011. They also report that studio prices have risen as inventory decreased, especially in neighborhoods like Bay Ridge, Cobble Hill, Bushwick and Prospect Lefferts Gardens (studio prices increased by 34 percent in Bed Stuy and by 38 percent in Bushwick since 2011). Overall, one bedroom apartments increased by 11.67 percent and two bedrooms increased by 5.85 percent. MNS estimates more than 1,500 rental units coming to the Brooklyn market this year. The majority of the inventory is coming, unsurprisingly, to Downtown Brooklyn and Williamsburg.
Brooklyn Rental Market Report [MNS]
Adding a Second Floor to a 1 Family Offer Broadband to Nenants, or Not? Funding my Future Home Energy Provider Help: Heat Bill Insanity! Mysterious Leak How Do I Select an Architect and What Kind of Fees Should I Expect?
New YMCA Will Open in the Rockaways Early Next Year At a Long Island City Studio, an Expert in Furniture Preservation Remembering Flessel’s of College Point Open House Picks Oratorio Society of Queens Gives Holiday Concert at QPAC on Sunday The Burger Bistro is Open in Astoria An Anti-Cancer Garden Grows in Richmond Hill
Brooklyn, one building at a time. Name: St. Anthony of Padua Roman Catholic Church Address: 862 Manhattan Avenue Cross Streets: Milton and Noble Streets Neighborhood: Greenpoint Year Built: 1873-1875 Architectural Style: High Victorian Gothic Architect: Patrick Keely Other buildings by architect: St. Charles Borromeo, Brooklyn Heights; St. John the Baptist Church and college, Bedford Stuyvesant; […]
Bed Stuy Fresh and Local will open its doors Monday, December 23 at 11 am, cofounder Sheila Akbar told us. The store, located at 210 Patchen Avenue in east Bed Stuy next to the now-shuttered Manny’s, had a ceviche tasting party Monday the 16th. The store will open with fresh fish, produce, prepared foods and […]
Carroll Gardens 539 Clinton Street Broker: Corcoran Price: $3,00,000 Sunday 12:00 – 1:00 GMAP Greenwood Heights 325 23rd Street Broker: Halstead Price: $1,795,000 Sunday 1:00 – 3:00 GMAP Midwood 1591 East 17th Street Broker: Stribling Price: $1,200,000 Sunday 1:00 – 2:30 GMAP Bedford Stuyvesant 316 Hancock Street Broker: Corcoran Price: $899,000 Sunday 1:30 – 2:30 […]