Friday, March 28, 2014

Listings: Fort Greene Upper Duplex Rental - 126 South Oxford Street

New to the Listings section of the blog, it's a duplex rental in prime Fort Greene with a roof deck.  126 South Oxford Street has an updated kitchen and baths, washer/dryer in the unit, two working fireplaces, an open house tomorrow, but the roof deck is obviously our favorite part.  Long gone are the storied days of $4,000/month duplex rentals in Fort Greene - except for a few lucky folks with nice landlords with a low cost basis.  Clinton Hill records have been broken for less than the asking price of $6,195/month.  Let's see what $6,000+/month gets you...

Nice ceiling height on that top floor there!  Exposed brick and all the modern fixings in a brownstone in a prime location...

It's no wonder they want top dollar.  And if the rent sounds high to you, back it into that handy-dandy price per square foot number everyone loves.  While people are paying $45-$50/sqft for rentals even over in Crown Heights, this one is sitting at a mere $37/sqft (if you're willing to call it 2,000/sqft).  And if $3,000+ per floor isn't the rent you had in mind, maybe slide over to their other listing for a $2,500/month 1BR in Prospect Heights at 291 Lincoln Place.

Pro's:  renovated duplex, roof deck, washer/dryer, working fireplaces, prime Fort Greene, on the street the masses always tell us they want, great raw price per square foot number, open house this weekend

Con's:  "It's not on the park block," we can already hear them saying.  It's not necessarily cheap either.  Kinda generic looking.

Ideally:   if rents feel relentless, keep in mind we're living in the nation's richest & largest city, and it's fastest growing borough.

1 comment:

  1. Hi - when are you going to post the write-up about the house search journey of a platinum member? I was looking for it last week but it never came around.