The Real Deal New York

After decline, rents on Cobble Hill one-bedrooms rebound

Average monthly charge now at $2,625

February 14, 2014 08:50AM

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Cobble Hill Towers at 417 Hicks Street

The average one-bedroom rental price in Cobble Hill jumped 7.1 in January month-over-month after several months of declines, according to a report from brokerage MNS.

Prices were up to $2,2625 from $2,450 – the biggest average month-over-month increase any apartment across Brooklyn for that period, the report shows. The average neighborhood rents for studios were $2,025 and two-bedrooms were $3,644.

Elsewhere in Cobble Hill, SUNY Downstate Medical Center is considering reopening bidding among developers to encourage more hospital operators to take over the Long Island College Hospital, as previously reported. [DNAinfo]Mark Maurer

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