Crown Heights’ 500 Sterling Place Is Fully Leased, Sets Neighborhood Rent Records

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The new Crown Heights development at 500 Sterling Place is completely rented out — and at record-setting prices — after almost eight months, according to reps from Halstead Property Development Marketing. The seven-story, 77-unit development hit the market in July, with rents ranging from $1999 for a studio to $4,330 for a two-bedroom, 2.5-bath duplex with two balconies. The apartments have fetched $61 per square foot, according to Halstead. Adam America developed the project, and Nataliya Donskoy designed it.

500 Sterling Place Coverage [Brownstoner]
Photo by Halstead

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