Over the last decade, Downtown Brooklyn has really come into its own as a residential neighborhood. The small area has seen a flurry of new construction?like the Brooklyner, the Andrea, and several condo buildings?in just the last five years, and many more projects, like a 440-unit rental by the Brodsky Organization and City Point, are in the pipeline. The Times reports that census data puts the neighborhood population around 15,000 (plus 10,000 students in dorms) and with thousands of new units planned, that number is only going to grow over the next several years. Here's what renters can expect:
Rental units: Larger apartment buildings, many of which are new construction or recent office-to-residence conversions. There are several "luxury" rental buildings, plus a handful more coming online in the next few years. Most buildings have a lot of studios and one- and two-bedrooms, but some have larger units.
Rent range: StreetEasy puts the median rent at $3,071, with a range from $1,750 for studios to nearly $8,000 for a 3BR duplex.
Neighborhood Highlights: Convenience! DoBro is served by the 2, 3, 4, 5, A, C, F, B, Q, and R trains, and it borders some of the borough's most popular neighborhoods, like Dumbo, Brooklyn Heights, and Cobble Hill. It also has a lot of new restaurants (including Shake Shack), the ever-upgrading Fulton Street mall, and Brooklyn Borough Hall, where a weekly Greenmarket is hosted. For green space, you have Cadman Plaza and it's just a short walk to Brooklyn Bridge Park or Fort Green Park.
More expensive areas: Near the Boerum Hill/Brooklyn Heights border, things generally get more expensive. This is where the neighborhood's most expensive rental building, 183 State Street, is located, and it has a 3BR penthouse duplex available for $7,900/month
Less expensive ares: Things are generally cheaper east of Flatbush Avenue and closer to the BQE. The cheapest listing on StreetEasy is a $1,750/month studio at 122 Ashland Place near Myrtle Avenue.
· 111 Lawrence Street, the Brooklyner: For $2,910, here's a studio in Brooklyn's tallest building.
· 365 Bridge Street: $3,200/month gets you a 1BR/1.5BA duplex
· 150 Myrtle Avenue: A 1,600-square-foot two-bedroom for $5,250/month.
· 306 Gold Street: For $1,850/month, here's a 450-square-foot studio.
· Renters Guides [Curbed]
· Renters Week 2012 [Curbed]