Bridgeview Tower: Another One Bites The Dust, Goes Rental
Yet another new condo development has gone rental (see editor’s note). Bridgeview Tower, nestled between the Manhattan Bridge approach and Brooklyn-Queens Expressway, has been on the market nearly two years, yet according to StreetEasy only four units are in contract and no sales have been recorded. While several brokerages still have for-sale listings up—the most…
Yet another new condo development has gone rental (see editor’s note). Bridgeview Tower, nestled between the Manhattan Bridge approach and Brooklyn-Queens Expressway, has been on the market nearly two years, yet according to StreetEasy only four units are in contract and no sales have been recorded. While several brokerages still have for-sale listings up—the most expensive is a $1 million two-bedroom—rental listings have popped up on aptsandlofts.com and a number of other sites. That same two-bedroom rents for $3,900 a month, a whole lot cheaper than the monthly mortgage payments on a million bucks. At these prices, do you think Bridgeview will do any better as a rental?
Editor’s note: Only a portion of the building has gone rental, according to aptsandlofts.com founder David Maundrell. He said an investor bought 20 units to rent, adding that his firm rented two the first week. Renters’ “jaws drop” when they see that SubZero,” said Maundrell, referring to the refrigerator and other high-end kitchen appliances.
Kodachrome Goes Rental [Brownstoner]
Scarano-Designed MYNT Now Rental [Brownstoner]
A Couple of Cuts at Downtown’s Bridgeview Tower [Brownstoner]
as a resident and condo owner i would like to let everyone know that i am very unhappy with the managment team(which happens to be the developer) please visit my blog which i created for the sole purpose of telling people intrested in buying or renting in this building not to do it:
http://www.bridgeviewtower.blogspot.com
there is a wonderful email from crystal the developer, you can see how she talks to people.
ikea cabinets, the cheapest gym equipment ever(wobbles)
no porters or doorman. as an investment its a terrible idea as its gone rental(dont be fooled by the fake option to buy)
there website doesnt even have an email address.
somebody’s renting out on Craig’s List; check it:
http://newyork.craigslist.org/brk/abo/680671566.html
Photos are the same from the BVT website
I just moved into the building and I love it. The exterior may not be all that great, but the finishes inside are beautiful. Everything is very comfortable and pleasant and the people living there now are great. All you people need to get a life and do something more productive then sit in front of a computer and comment on something you cant afford.
I just moved into the building and I love it. The exterior may not be all that great, but the finishes inside are beautiful. Everything is very comfortable and pleasant and the people living there now are great. All you people need to get a life and do something more productive then sit in front of a computer and comment on something you cant afford.
I just moved into the building and I love it. The exterior may not be all that great, but the finishes inside are beautiful. Everything is very comfortable and pleasant and the people living there now are great. All you people need to get a life and do something more productive then sit in front of a computer and comment on something you cant afford.
I just moved into the building and I love it. The exterior may not be all that great, but the finishes inside are beautiful. Everything is very comfortable and pleasant and the people living there now are great. All you people need to get a life and do something more productive then sit in front of a computer and comment on something you cant afford.
I like the neighborhood. I have a bunch of friends that live on Nassau Street. There is an awesome park nearby too.
Hideous building, crappy neighborhood, way overpriced–what’s not to love?
10:18 has clearly never been to this location. It’s a traffic-choked hellhole. The fact that they need a free *shuttle bus* to the subway says it all — it’s near nothing.