Rental of the Day: 2 Pierrepont Place
Get a load of this $18,000-a-month rental listing at 2 Pierrepont Place in Brooklyn Heights! The entry way is stunning, but it’s like the apartment itself just couldn’t keep up. It’s not that we dislike the look of the apartment itself, but much of it is surprisingly bland and postwar looking given the building that…
Get a load of this $18,000-a-month rental listing at 2 Pierrepont Place in Brooklyn Heights! The entry way is stunning, but it’s like the apartment itself just couldn’t keep up. It’s not that we dislike the look of the apartment itself, but much of it is surprisingly bland and postwar looking given the building that it’s in. (This apartment is located in a former Building of the Day, and is labeled one of the most elegant pair of brownstone mansions remaining in NY by the AIA Guide.) Then again, we are talking about seven bedrooms and harbor views, which don’t come cheap. Think they’ve got a shot at renting it for this price?
2 Pierrepont Place [Corcoran] GMAP P*Shark
Except the icky 50s/60s vibe isn’t impressive. 🙁
lol grand army. but i think minard is more on the spot. but youre definitely not wrong either.. tho some of minard’s people really dont do brooklyn..
*rob*
What type of person? A Wall St type of person, of course! Judging from the Union Jack pillows on the sofa, I would guess the last tenants were a British family with investment banker mummy or daddy and a few kids. The Brits often gravitate to Brooklyn Heights because it feels more like London and the commute is easier than to the UES. Next tenants will probably be Europeans working in finance also.
What type of person does rent places like this? Short term execs or something?
-rich people who have their kids in school and embark on a two-year renovation of their own house; CEO’s who live elsewhere but get obscenely high housing expense accounts for a city apartment where they can entertain and show off; celebrities who are in NYC for a year or two and want to enroll their children in a local private school but also need to show-off. Loads of people who need to impress and awe their friends and business associates. And no, they are not looking to have a “whole house” a couple of miles away.
What type of person does rent places like this? Short term execs or something?
Freudian slip on the math, Maly, but real talk. Sell your property(s) at only -20% off. The world economy and RE market is going to hell. Deflationary collapse underway.
***Bid half off peak comps***
BHO, I know it’s redundant to ask you what you’re talking about, but put down what you’re ingesting. This thread is about a duplex apartment.
Duh 18/2 = 9 grand/floor. Still, widget will be consistent and they’ll get it.
***Bid half off peak comps***
“Think they’ve got a shot at renting it for this price?”
@ 18/3.5 = 5 grand a floor per month when they’re getting three quarters that in Ratner’s building on Dekalb, sure.
Think sales are bottoming at only -20% and 16x annual rent? No chance. Eventually, banks will have to reveal their balance sheets, rates will catch up to risk and you’ll soon hear “dooooot dooooot doooooot…” – the shadow inventory dump truck backing up.
***Bid half off peak comps***