Rentals: 377 Franklin Avenue 90% Rented
We’ve been watching 377 Franklin Avenue rise since 2006, wondering for much of that time what would become of the boxy modern structure. Now we know. Turns out the developer opted for the rental path and, according the listing agent Rapid Realty, nine out of the ten units have rented. One bedrooms have gone for…
We’ve been watching 377 Franklin Avenue rise since 2006, wondering for much of that time what would become of the boxy modern structure. Now we know. Turns out the developer opted for the rental path and, according the listing agent Rapid Realty, nine out of the ten units have rented. One bedrooms have gone for around $1,800 and two bedrooms for $2,600; there were some parking spaces on the ground floor that have rented for $200 a month as well. These prices sound about right to you?
377 Franklin Stalled No More [Brownstoner] GMAP
Development Watch: Stalled on Franklin [Brownstoner]
Franklin Avenue Rising: 377’s Gone Yellow [Brownstoner]
Are those balconies?! Heck yes I’d get a one bedroom there. How does Rapid Realty get all those exclusives?!
Has the Kodachrome building given up and gone rental yet?
Pluses for the property:
1) This is Clinton Hill
2) it’s near Pratt
3) 1/3 mile walk to the subway (A train, Fulton Street) isn’t so bad.
4) Hip stuff in Fort Greene isn’t too far
5) It’s new construction
Seems a bit high, but not so bad considering it looks like a nice place.
I rented with rapid realty through a listing I found on craigslist. They’re kinda dumb and unorganized but all in all not the worst.
The place is huge and cheap tho so I cant complain.
i also agree that rapid realty sucks.
when i went looking for an apartment 18 months ago, i met with one of their brokers. He took me to see an apartment above a restaurant, where I expressed concerns about potential bug problems coming from living above a restaurant.
His response: “If I were you I would overlook the building’s bug problems because this is such a great deal” (no, it wasnt)
He then tried to convince me that $1500 for a studio on 7th street between 2nd avenue and 3rd avenue was “a great deal for prime park slope!”. Moron.
I don’t think they are renting at that price. I think the rents are much lower. If you check Craigslist, you’ll find many comps around 20-30% lower.
im sure people would pay 500 bucks a month for these to.
rapid sex sucks.
rapid realty sucks.