Magnolia Dumbo residents will have exclusive access to the largest private park in the neighbourhood, designed by Michael Van Valkenburgh, the award-winning landscape architect of Brooklyn Bridge Park, as well as a rooftop pool with iconic views of the bridge and skyline. “Its location limits the amount of development, which is another reason why it’s such a popular residential destination.” “In Dumbo, demand is high because inventory is so low due to the geographical constraints of being a cosy neighbourhood book-ended by the East River and the Brooklyn-Queens Expressway,” explains Villetto. As of April 2023, the average apartment rent in DUMBO is 3,317 for a studio, 4,730 for one bedroom, 5,879 for two bedrooms, and 6,462 for three bedrooms. Before the launch of 320-unit luxury rental property Magnolia Dumbo last month, there were only a handful of apartments available in the neighbourhood.
Dumbo apartments professional#
Every one of the homes on our site has been put through a painstaking vetting process with 150 checkpoints, culminating in a visit from a professional Home Critic. Description In the heart of downtown Brooklyn at 237 Duffield Street welcomes you to celebrate your style. Theres no better place to book luxury Holiday Apartments in Dumbo, Brooklyn, NY, USA than our exclusive Plum Guide collection, which includes only the top 3 of homes. DUMBO Brooklyn, NY A waterfront neighborhood bordered by famous bridges Walkable Artists Artistic River History Trendy Mass Transit Bike-Friendly Sandwiched between the Brooklyn Bridge and the Manhattan Bridge, this tiny waterfront neighborhood began as an industrial area in the 19th century. See a problem with this building Report it here. The supply crisis is even more acute in luxury property, and especially in Dumbo. 237 Duffield Street, Brooklyn, NY, 11201 110 units 21 stories Built in 2016 Rental Building in Downtown Brooklyn SAVE SHARE This building has been saved by 1,342 users. In December 2021, listing inventory for one and two-bed rentals across Brooklyn fell by a fifth from where they had been in November, and was a jaw-dropping 85% lower than in December 2020. On the other side of Bed-Stuy, 85-87 Herkimer Street listed four one- and two-bedroom units that also require residents to exceed the area median income.
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