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This duplex, two-bedroom Boerum Hill rental at 114 Dean Street looks like a suitable spot for a family. Throw in the home office, big kitchen, and rather lovely backyard and it makes a nice package. $5,500 a month for 2,500 square feet of space also seems in line with area prices. Thoughts?
114 Dean Street [Halstead] GMAP P*Shark


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  1. Right, I was thinking just what Maly said: This is NOT a crazy price if the footage is that much. But….well, it’s hard to figure how it can be that big.

    There are thousands and thousands of people, couples especially, making $300,000 a year in New York. They have all kinds of reasons to want to rent instead of buy.

    I have nothing against “gobs” of money, or how people who have it spend it — that is their business. However, $300,000 — or $150,000 per person — is NOT gobs of money here. We are not in western Pennsylvania, for Christ’s sake.

  2. tybur6, I wasn’t talking about people who own real estate, I was talking about people who rent. In Carroll Gardens, there are quite a few families with 2 kids who rent a floor though (1+ bedrooms) and live there in order to be in a neighborhood with a good public school. I agree that $5,500 is way too expensive, I also think that $2000 is too expensive for a decent floor though 1+ bedroom and I think that’s close to the going rate (if not less). My point was that this was a far larger apartment than a floor through, and could easily accomodate a family with 2 or 3 kids (not just 1 kid, as one poster suggested).

  3. Hmm, the 2,500 sq ft. claim is only on Brownstoner, not the brokers web page. I’d probably 2,000. That still would put it on the larger side for a two bedroom but not enough to ask 5,500 for it.

  4. My neighbor regularly rents his totally renovated triplex for a very good price. Without exception, tenants have been well-paid professionals, often foreigners, who are working here for a fixed period of time. I think that’s the prime market for these kind of rentals–especially since they’re often covered or subsidized by the employer.

  5. It seems a bit overpriced, unless it’s really 2,500sf. It’s kind of hard to assess the broker’s claims without a floorplan. The pictures show regular-sized rooms. With only 2 bedrooms on a 1,250sf parlor floor, you’d think the rooms would be huge.

  6. “Methinks they might want to spend less on rent so they have more money for renovations. ”

    If you can afford to renovate your house for a year and rent a place too I don’t think money is really an issue.

  7. > an ideal place for a neighborhood family renovating their
    > brownstone to live in for the year

    Methinks they might want to spend less on rent so they have more money for renovations.

  8. CGfan — two things, But that’s not the preferred customer of the landlord I would presume? New tenant every year?

    Second — I said this on an earlier post. Just because someone has made the bad decision to make themselves house poor by agreeing to pay CRAZY prices for real estate, that doesn’t put them in the “middle class” category — these are folks that make gobs of money, but choose to pay superinflated prices for their home.

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