Rentals Moving Quickly in Southern Brooklyn Too

It’s no surprise that the market is moving at lightning speed in brownstone Brooklyn. But a Corcoran broker filled us in on a new rental development on the border of Brighton Beach and Sheepshead Bay at 2750 East 12th Street that is pulling in high numbers too. Since launching this past summer the development reached the 75 percent leased mark. Prices on the available one, two, and three bedrooms range from $1,750 to $4,250 a month. 2750 East 12th Street has 56 units over 7 stories, and it’s attached to 1125 Banner Avenue, which is a 45 unit building over 12 stories. Leasing at 1125 Banner will launch this spring. The two buildings are connected by a sun deck on the second floor — the buildings share the sundeck, a gym, parking lot and resident super. As the leasing agent says: “South Brooklyn is exploding, too… We are achieving an average of over $30 per square foot.” You can see floorplans for 2750 East 12th Street at the building website. This post has been updated to reflect that 2750 East 12th Street and 1125 Banner will launch leasing at different times. GMAP