Second Phase of Banner Avenue Development Begins

The second phase of a rental development at 2750 East 12th Street and 1125 Banner Avenue, on the border of Sheepshead Bay and Brighton Beach, just launched. The new development has 45 studio, one-, two-, and three-bedroom units. Monthly rents range from $1,350 to $4,200. The first phase, at 2750 East 12th Street, launched in January. Back then, the leasing agent told us that “South Brooklyn is exploding, too… We are achieving an average of over $30 per square foot.” She tells us that they have already received a bunch of offers in the first week for the second phase, at 1125 Banner Avenue. The two buildings are connected by a sun deck on the second floor. The buildings share the sun deck, a gym, parking lot and resident super.
Rentals Moving Quickly in Southern Brooklyn Too [Brownstoner] GMAP