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Warehouse 11's First Rental Hits Market for $3,450/Month

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Our old friend Warehouse 11 has been following the stages of once-troubled new condo developments pretty much by the book: near foreclosure, a fire sale, some litigation, a bunch of contracts signed...and now, the building's first rental! The listing was passed along by a tipster who wondered whether the developer was at the point of renting out unsold units. But no: we've checked with the broker, and this apartment belongs to a buyer who wants to rent it out instead of moving in. The apartment, asking $3,450/month, is an 1,100-square-foot 2BR, 2BA available July 1. Just be sure the smoke detector works first.
· Listing: Williamsburg, $3,450 [Aptsandlofts.com]
· Warehouse 11 coverage [Curbed]