While The Gretsch condo conversion set the tone for residential life in South Williamsburg, 424 Bedford Avenue showed that there was a market for rentals. Under the leadership of developer and onetime building namesake Michael Zazza, the knish factory was converted to a 21-story, 66-unit rental tower with outdoor space and a design by GreenbergFarrow.
Apartment interiors
The condo-quality rentals all offer spacious layouts, excellent natural light through oversized windows, in-unit washer/dryers, and views of the Manhattan skyline, Manhattan Bridge, Brooklyn Bridge, and Williamsburg Bridge. Select units have private balconies. Building amenities include an attended lobby, fitness center, fire pit, and 21st-story roof deck.
One-bedrooms start at $3,125/month, and a two-bedroom apartment is listed for $4,415/month. All prices are net effective to reflect a concession of two months free rent on a 14-month lease. This puts them just above the Williamsburg median rent of $3,103/month for one-bedrooms and $3,800/month for two-bedrooms.
One-bedrooms start at $3,125/month, and a two-bedroom apartment is listed for $4,415/month. All prices are net effective to reflect a concession of two months free rent on a 14-month lease. This puts them just above the Williamsburg median rent of $3,103/month for one-bedrooms and $3,800/month for two-bedrooms.
Roof deck
After 424 Bedford Avenue showed that there was interest in living in South Williamsburg, the neighborhood experienced a rental boom that shows no sign of slowing down. 82 South 6th Street launched leasing last year and is now fully occupied. The small handful of one-bedrooms available at Dunham Place start at $2,795/month. The multidimensional, ODA-designed towers of 420 Kent Avenue are expected to launch leasing this summer. More listings can be found here.
Views from 424 Bedford Avenue
East End Capital
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Content Specialist
Michelle Merritt
Michelle is a contributing writer and editor for real estate news in New York City
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