Skip to main content

At 550 Vanderbilt, a "two-bedroom" unit renting for $3,390. Check the fine print.

Wait a second: could a two-bedroom unit (#406) at the condo building 550 Vanderbilt actually rent for just $3,390, barely 5% more than a two-bedroom at "100% affordable" 535 Carlton, which maxes at $3,223? See screenshot from StreetEasy below.

After all, $3,390 would be less rent than currently requested for some one-bedroom units at 550 Vanderbilt. Sure, there's a glut in and around Downtown Brooklyn, but that seems a stretch.

Actually, unit #406 was originally sold as a one-bedroom, with 788 square feet. According to the listing, this "is a huge flex 2 unit" and "Owner will put up a pressurize wall" to create a new bedroom.

Comments