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This eight-unit baby nestled next to the BQE was originally conceived as a condo, but it recently popped out as a luxe rental instead. The two-bedroom, two-bath apartments are all around 1,000 square feet and renting between $3,200 and $3,500, according to Brown Harris Stevens broker Helen Van Rhyn. The rents aren’t cheap, but the units get amazing light and all the finishes are excellent, like the ones you’d find in a new condo or luxury rental, said Van Rhyn. People have been a little wary of being so close to the highway, but I think that’s going to change since Carroll Gardens has become such a hot commodity. Think it’s hot enough for a building that looks like this to command these rents?
562 Court Street Listing [Brown Harris Stevens] GMAP


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  1. aww, Mr B. where i come from we call this “shooting fish in a barrel.”

    the positive spin for me is my mortgage is less than this and i get 3x the space. i do envy those sinks that look like orthopedic walkers, tho!

  2. Think this over-supply will ever become truely “affordable”? or am I just dreaming. Would be nice to entice those of us who don’t make megamillions. I suppose for this to really happen it would involve some kind of gov’t subsidy.

  3. Okay…so add 15% brokers fee and you have rents amortizing out at $3,680-$4025…you could have your choice of Dumbo, Park Slope, Boerem Hill, Downtown, Fort Greene, Clinton Hill, Williamsburg….hell you could move into a small Manhattan (not prime) 2 bedroom for that.

    Don’t take my word for it. Here’s the link on Craigslist: http://newyork.craigslist.org/search/aap?query=&minAsk=3200&maxAsk=3500&bedrooms=2&hasPic=1

    That’s an owner so far under water they can’t think straight. If that’s the nonsense that broker is pumping they won’t be in the business a year from now.

  4. The over-supply of POS would-be condos is so great that there’ll be lots of “luxury” rentals like this in the months to come. I wonder when the developers will get around to offering depression-era style concessionsof a few months rent in an attempt to lure tenants?

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