1182 Putnam Combo

This recently renovated two-bedroom in Bushwick would work well as a share. The bedrooms are at opposite ends of the apartment, and the living room is a decent size. There’s an updated kitchen, hardwood floors and a dishwasher.

It’s about equidistant from the Halsey and Gates J/M/Z stops. At $1,850 a month, it’s less than a thousand dollars a room. Good deal?

1182 Putnam Avenue [Fillmore] GMAP

586 20th Street combo

The outside of this rental is nothing to get excited about — it’s a Fedders special without the branded air conditioner covers — but it’s not too bad on the inside. The three-bedroom, two-bath apartment in Windsor Terrace has attractive diagonally placed floors and the bedrooms appear to be good sized (only one is pictured).

Plus, there’s a cute cat in the listing. We’re guessing this is the garden level, although the ad doesn’t specify. What do you think of it for $3,750 a month?

586 20th Street [Town Residential] GMAP


A new small building at 51 Troutman Street in Bushwick officially launched leasing yesterday, starting at $2,076 for a 526-square-foot one bedroom, rental agent Modern Spaces announced. There are eight units in the four story building, which is located near Silent Barn and the Myrtle Broadway JMZ stop. The most expensive unit in the building is a three-bedroom duplex, renting for $3,323 a month. One month of rent is free.

Finishes include hardwood floors, oversize windows, and Ceasarstone counters. There are hookups for washers and dryers but no actual appliances. BuzzBuzzHome was the first to spot the listings.

Two years ago the site was an empty lot. The property changed hands for $450,000 in 2013, and the owner uses a mail drop on Lee Avenue in South Williamsburg.

Click through for more photos. What do you think of the design, location and pricing?

51 Troutman Listings [Modern Spaces] GMAP

190 Saint Marks

This gut-renovated floor-through apartment in Prospect Heights has a lot going for it. It has two bedrooms, an open plan, a kitchen with all the bells and whistles, two full baths, and a terrace at the back of the apartment.

It’s also quite large at 1,150 square feet and has central A/C. The building is a short walk to all the restaurants, bars and coffee shops on Vanderbilt and not far from the subway lines on Flatbush.

Of course all of that does not come cheap. What do you think of it for $3,700 a month?

190 Saint Marks Avenue, #3 [Citi Habitats] GMAP

395 Leonard exterior rendering

Leasing will begin next month at 395 Leonard Street in Williamsburg, the site of the former Meeker Flea alongside the BQE. The Karl Fischer-designed building will have studios starting at $2,600 a month, one bedrooms starting at $3,250 and two bedroom apartments starting at $4,335. A few penthouse units will be available for between $4,000 and $6,000 a month, leasing agent Fiddler Realty told us.

Amenities include a roof deck with fire pits, a screening room, fitness center, a children’s play room and bicycle storage. The building is seven stories tall and has 188 units.

The building’s developer is Rabsky Group, a Brooklyn-based company that has made a splash with several big projects over the last year and a half. According to The Real Deal, the company, which is run by Simon Dushinsky, is the city’s seventh largest developer (in terms of active sites) with just over 1 million square feet under development. Nearly all of that was begun over the last few years. It is a partner in the massive Rheingold project in Bushwick and recently bought a large development site down the block for $53 million.

Tons more renderings after the jump. What do you think of the design, location and prices?

Fischer Designed Apartments Rising at Ex-Meeker Flea Site [Brownstoner]
NYC’s Most Active Developers [The Real Deal]
Rabsky’s Simon Dushinsky Taps into Rheingold Brewery Project [The Real Deal]
Renderings Via Fiddler Realty


When will the madness stop? The median sale price of a townhouse in Crown Heights, Bed Stuy, Prospect Lefferts Gardens and Bushwick leapt 86 percent in one year to $1,850,000, according to a third quarter market report just out from Corcoran. “Buyers seeking townhomes have pushed east, driving up prices in neighborhoods farther from Manhattan,” said a story in Bloomberg.

Just because prices have almost doubled in one year does not necessarily indicate a bubble, although it could. Prices were doubling every year in the early 1970s on the Upper West Side of Manhattan, and we don’t recall that they have ever returned to their 1960s levels.

The median for all types of homes in the borough is now at $587,515, a four percent increase over the year before and a record for Brooklyn, according to Douglas Elliman. It is also 8.8 percent above the high before the financial crisis — and Brooklyn is the only borough where sale prices are now higher than they were before the crash. (As far as we can tell, this report covers the entire borough, including the south.)

Astounding, no?

The news on the rental front was less dramatic. Prices in the north, northwest, and eastern areas of Brooklyn “slipped for the second consecutive month after 14 months of increases,” said Elliman. The median Brooklyn rent dipped 3.8 percent and is now $2,743.

Q3 2014 Brooklyn Sales [Douglas Elliman]
September 2014 Brooklyn Rentals [Douglas Elliman]
Brooklyn Home Prices Reach Record in Third Quarter [Bloomberg]

502 12th street park slope 102014

If you’re looking for that traditional Park Slope feel, this 1.5-bedroom near the park seems like a nice option. The 900-square-foot pad features two mirrored mantels and other original details, a kitchen that looks big enough for a table, lots of closets, and a separate dining room, according to the listing. The ’80s-era kitchen has plenty of counter space as well as a zany checkered backsplash and Laura Ashley-style flowered wallpaper that might seem dated or charming, depending on your point of view. What are your thoughts on it for $2,300 a month?

502 12th Street, #2 [Corcoran] GMAP

60 water street rendering exterior

Two Trees’ glassy behemoth next to the Brooklyn Bridge at 60 Water Street in Dumbo has begun leasing its market-rate units today, with eight listings ranging from studios to two-bedrooms. Studios start at $2,964 for only 452 square feet, one-bedrooms at $3,498, and two-bedrooms at $6,018.

Strangely, the listings do not have interior renderings, which still have not been released. But there are floor plans, which are new, as is the pricing.

There will be washer/dryers, dishwashers, hardwood floors in every apartment, and some will have private terraces.  The 290-unit building has 232 market-rate apartments and 58 affordable ones, where rents start at $500.

Move-ins are expected to start December 1. Ismael Levya and Leeser Architects designed the development, which includes a 300-seat public middle school, ground-floor retail, a 17-story tower and a smaller 9-story section.

Click through to see floor plans. What do you think of the prices?

60 Water Street Listings [Elliman] GMAP
Dock Street Dumbo/60 Water Street Coverage [Brownstoner]


242 decatur street 2 bed stuy 102014

One of Stuy Heights’ most lavish buildings is now available as a whole-house rental. No, it’s not a Dixon property, although it is owned by an LLC.

We marveled over the Magnus Dahlander-designed limestone when it sold last year for $1,700,000. The six-bedroom, three-bath home sports unusually elaborate woodwork, stained glass windows, tin ceilings, decorative mantles and built-in dressers.

It seems to have been in good condition when it sold, and the kitchen and bathrooms have been renovated with marble countertops and stainless steel appliances. There’s central A/C, a washer/dryer and outdoor space.

(Note: Dixon purchased a similar limestone, also designed by Dahlander, up the street at 259 Decatur Street, in case you are wondering.)

It’s located on one of the best blocks in Stuy Heights, and close to the A/C and shops. Do you think they can get $7,595 a month for this?

242 Decatur Street [Town Residential] GMAP
242 Decatur Street Coverage [Brownstoner]

1332 herkimer street ocean hill 102014

Here’s a renovated 1.5-bedroom apartment in Ocean Hill. The kitchen is large enough for a dining table with four chairs, and the bathroom has a window. We’re guessing this is on the top floor of the 19th century brick building.

It’s two blocks from the C train at Rockaway Avenue and five blocks to the A, C, J, Z and L at Broadway Junction. It wasn’t long ago that you could find apartments in this price range in Bed Stuy. Do you think $1,400 a month is a good deal for this location?

1332 Herkimer Street [Charles Rutenberg] GMAP

1037 sterling place crown heights 102014

This floor-through two-bedroom in Crown Heights offers tons of space and attractive prewar details. There are decorative mantels, built-in dressers and cabinets, pier mirrors and stained glass windows. The $2,600 rent seems a little high for a two-bedroom in this part of Crown Heights, but there’s a windowed office that could be used a third bedroom, knocking the rent down to $866 a bedroom. The apartment is a block from Brower Park and three blocks from the 3 train stop at Kingston Avenue. What do you think of it?

1037 Sterling Place, #2 [Warren Lewis Sotheby's] GMAP

318 maple street prospect lefferts gardens 092013

This Prospect Lefferts Gardens top-floor two-bedroom was up for rent a year ago, and now it’s back for $225 more. The 1,000-square-foot pad is chock full of original details, including a mirrored mantel, a pier mirror, pocket doors, and a formal dining room with built-in china cabinets. There are attractive inlaid oak floors and an old-fashioned skylight too. No doubt it’ll rent quickly, even at the higher price of $2,200 a month.

318 Maple Street [Halstead] GMAP
Rental of the Day: 318 Maple Street [Brownstoner]