High-End Apartments in Cobble Hill's Former MTA Bunker All Leased
The former MTA bunker and eyesore turned high-end rental building at 166 Smith Street is fully leased, according to a broker marketing the units. The apartments range from one-bedrooms to three-bedroom duplexes, and each one comes with private outdoor space equipped with lights, outlets and running water. Dena Driver of Stribling tells us the building’s…
The former MTA bunker and eyesore turned high-end rental building at 166 Smith Street is fully leased, according to a broker marketing the units. The apartments range from one-bedrooms to three-bedroom duplexes, and each one comes with private outdoor space equipped with lights, outlets and running water.
Dena Driver of Stribling tells us the building’s second duplex rented last week for $6,395 a month — down from its initial ask of $7,995. The Cobble Hill conversion hit the market last summer with asking rents from $4,750 for a one-bedroom to $7,995 a month for a three-bedroom.
Boerum Hill’s 166 Smith Street Officially Launches With Eight Units for Rent [Brownstoner]
Holy moly, are those standard prices for the area now?! What luxurious amenities does the Pubic Building have that justify this?
New developments are so rare in this area, so yeah! Brokers could put any price on a new development in this area, and no matter what it’ll sell.