Rental of the Day: Newswalk Two-Bedroom
This two-bedroom rental in Prospect Heights’ Newswalk building is asking a hefty $6,000/month. There’s plenty of space—2,000 square feet, according to the listing—and the photos give the sense that it has a nice, lofty feel. The building also boasts a doorman, gym, and a roof deck. (We’ve also heard there’s a big construction project going…
This two-bedroom rental in Prospect Heights’ Newswalk building is asking a hefty $6,000/month. There’s plenty of space—2,000 square feet, according to the listing—and the photos give the sense that it has a nice, lofty feel. The building also boasts a doorman, gym, and a roof deck. (We’ve also heard there’s a big construction project going on very close to the building, but that may not count as an amenity.) Anyhow, does the asking rent seem reasonable to you?
535 Dean Street [Brownstone Real Estate] GMAP P*Shark
I would happily live there for… maybe 2500?
Maly, thanks. No, I didn’t know about him. Yikes. So, no, not actually high end, unfortunately. But he sure sold it as that….and this rental is too.
I think it’s actually a pretty good building. I lived on the block when it was built and think it came out pretty well. And the location is pretty good – near the #3 train and the police station. But I agree this is overpriced.
If you work on the Atlantic Yards site and you want the shortest possible commute, then Newswalk is the building for you.
made a mistake….just to the east of the site.
Re proximity to construction, it is right there – the building is just to the south of the site.
Well, I am just echoing everyone. But that is simply crazy. Absolutely crazy. That could pay for a nice mortgage. And that is a crapola building in a crapola location.
Nomi, it’s pretty much right by the construction site, as close as possible without being inside. Also, I wouldn’t characterize Newswalk as “high-end.”
This is the website the residents put up about the developer, the infamous Boymelgreen. Just google his name if you don’t know who and what he is.
http://www.shameonshaya.org/
Grand Army you are right on. A lot of buyers in the last 5 years are getting an unpleasant surprise when they realize what the disconnect between prices and rental rates means to their monthly cash flow.