Rental of the Day: 71 Woodhull Street, #1
Here’s a sweet little garden two-bedroom for rent in Carroll Gardens. Tin ceilings and wide plank floors give it some prewar charm, and there’s a nice shared garden. It also has a dishwasher and washer/dryer. It’s across from DiMattina Playground, but also close to the BQE. What are your thoughts on it for $3,400 a month?…
Here’s a sweet little garden two-bedroom for rent in Carroll Gardens. Tin ceilings and wide plank floors give it some prewar charm, and there’s a nice shared garden. It also has a dishwasher and washer/dryer.
It’s across from DiMattina Playground, but also close to the BQE. What are your thoughts on it for $3,400 a month?
71 Woodhull Street, #1 [Corcoran] GMAP
This house just sold for $2.98m, so the new owners must be keen to offset that mortgage. $3400 is a tad high. I reckon it’ll rent for $3250 despite the proximity to the BQE because of PS 58.
The rent for an apartment is determined by supply and demand within that market, not by someone else’s notion of whether or not they would want to live there. If you want high ceilings, a large second bedroom, far away from the BQE, with ample room for a washer/dryer, you’d have to pay over $4,500 per month. Put in that context, is $3,400 reasonable for this apartment ? Absolutely.