It’s expensive to live in Dumbo Brooklyn. It’s still one of the most expensive neighborhoods in NYC. Buying a loft apartment in the area is cost prohibitive for many, with median prices currently at $1,029,990 ($813 per square feet and median size of 1,236 sqft), according to Streeteasy. Even then, the top end of new developments in Dumbo are selling. We don’t have statistics on this, but we’re hearing from sellers and realtors that most of the prospective buyers are people who work on Wall Street or foreigners who have cash to burn. But with limited inventory in the top range, what are they to do if they have to live in Dumbo? They can rent in a premium loft condo until something comes up. Here are three rentals in the $10,000 and up per month:
- 1 Main Street, 14th Floor (Sotheby’s), $17,500 per month (for 2 year lease), $20,000 (for 1 year lease), 3 bedrooms, 2.5 baths, 3,200sqft
- 70 Washington Street, 10G (Sotheby’s), $11,500 per month, 5 bedrooms, 3.5 baths
- 30 Main Street, PHA (Elliman), $10,500 per month, 2 bedrooms, 1.5 baths, 1,515sqft
For those with lots of cash to burn, there’s the Ultimate Bachelor Pad still available for $23.5MM.
Related:
{One Main PH Sale Sets New Brooklyn Record, 06May2008}
{High Priced Condos at One Main Under Contract ,26Mar2008}
