Luxury Rentals Herald Gowanus' Renaissance, Offer Up to 2 Months Free Rent

By Michelle Mazzarella | From Brooklyn Monday, October 23, 2017

Rendering of 363 Bond Street from the Carroll Street Bridge (Rendering via Elliman)

In recent years, Gowanus has experienced a comeback that most New York neighborhoods can only dream about. A two-building luxury rental development comprised of 363 Bond Street and 365 Bond Street has demonstrated this with the 700 rental units it brings to the neighborhood. Hill West Architects incorporated the neighborhood’s industrial past into the new buildings’ design aesthetic with weathered brick, raw concrete, and large expanses of mullioned glass for a chic yet timeless look.

363 Bond Street launched leasing in early July and has gotten off to a strong start. Specially commissioned artwork hangs throughout the 12-story, 270-unit building, and an offer of six weeks free rent on 13.5-month studio and one-bedroom leases; two months free rent on 14-month two-bedroom and terraced unit leases; and two months free rent on 18-month leases. Select leases can pay $1000 in security deposits, and the building also offers one month OP and a $500 American Express gift card.

Net effective prices for studios start at $2,260/month; one-bedrooms at $2,955/month; and two-bedrooms at $4,842/month. An extensive amenities package includes a live-in superintendent, roof deck, lounge, and laundry room.

363 Bond Street, via Douglas Elliman

Corner unit at 363 Bond Street, via Douglas Elliman

The 430-unit 365 Bond Street was completed last year and expects 98 percent occupancy by the end of summer. Remaining market rate units are available with studios starting at $2,474/month, one-bedrooms starting at $3,189/month, and two-bedrooms starting at $5,121/month. All prices are net effective, indicating a rent concession. The rooftop terrace and interior courtyard offer an abundance of outdoor space; indoor amenities include a lounge, game room, and children’s playroom.

365 Bond Street exterior, via Douglas Elliman

365 Bond Street interior, via Douglas Elliman

It is lucky that both buildings’ amenities also include a fitness center and swimming pool, because Gowanus Village is located just blocks away from popular neighborhood restaurants. Those who prefer to cook at home benefit from being a short walk from the Gowanus Whole Foods. Other area attractions include a waterfront esplanade, Royal Palms Shuffleboard Court, and Brooklyn Boulders Gowanus. The nearby Carroll Street and Union Street subway stops make for an easy commute.