Rental of the Day: 477 Bergen Street
Corcoran’s got a couple listings for this building on the Park Slope-Prospect Heights border that was recently given a top-to-bottom reno. Two floor-through one-bedrooms at 477 Bergen are renting for $2,575 and $2,695; according to the listings, finishes include an open island maple kitchen, central a/c and recessed lighting. The apartments sure ain’t cheap, but…
Corcoran’s got a couple listings for this building on the Park Slope-Prospect Heights border that was recently given a top-to-bottom reno. Two floor-through one-bedrooms at 477 Bergen are renting for $2,575 and $2,695; according to the listings, finishes include an open island maple kitchen, central a/c and recessed lighting. The apartments sure ain’t cheap, but it’s hard to beat this location for access to the 2/3 (not to mention Atlantic-Pacific a few blocks away). Think the subway access+new finishes justify these rents?
477 Bergen Street Apt. #3 [Corcoran] GMAP
477 Bergen Street Apt. #4 [Corcoran]
dumpy building, dumpy rentals, who gives a shit about this?
Who in their right mind would rent a 1 bdrm at that corner for that price when you can get a 1bdrm in manhattan proper (below 96 st) for less? The brokers at Corcoran has clearly lost it.
“Ummm…I believe rents are going up. Not this much, but they are definitely on the rise. When people have difficulty obtaining mortgages the rental market usually shows an increase”
Bullshit. When people have difficulty obtaining mortgages, they stay put and ride it out. The “temporary” increases in rental prices come from brokers who inflate rental prices in order to make higher commissions, since they can no longer rely on percentages earned from sales/purchases due to the consumer’s lack of interest (or affordability) in buying/selling in this climate.
Rental prices will go down simply because all of those condo’s that are flooding, and due to flood, the market will be turned into rentals…because no one will buy them.
Hey 2:34- The people in prospect heights the north slope are much nicer in person than anyone on these boards- best of luck with your search.
1:30 – This is the upper west sider from 12:54. From what I’ve seen, the UWS still has a premium compared to park slope, but even if you’re right I’m talking about a doorman/elevator building which usually adds at least $200 to the rent – so the UWS apt I’m comparing with should still come out about $200 higher, not $100 cheaper.
Oh, and I’m reading Brownstoner because I am looking into moving out of my UWS rental and buying something in Brooklyn. This is the best way to get a feel for the neighborhoods and market rates. That and alot of walking around.
!2:55?
Ummm…I believe rents are going up. Not this much, but they are definitely on the rise
When people have difficulty obtaining mortgages the rental market usually shows an increase. With that said, I know there is an abundance of new rentals on the market in Brooklyn. I think we will see the greatest shift in the 1,500 – 2,200 price point.
I love this area.
The other side of Bergen between flatbush and 5th avenue has turned into Bleeker Street circa 2000.
Some quite cool shops.
Don’t think the price sounds outlandish at all. A few blocks away in the North Slope…named streets near the park, a nice 1 bedroom can cost you 3000 bucks a month.
Yeah that’s high…it ain’t the greatest location…rents immediately at 1800 per month.
granted, you’re always going to pay a premium for the convenience of being adjacent to a chinese take-out place. but could rent a great 1BR in brooklyn heights for that price.