Market Profile

A Market With Significant Growth Potential

Williamsburg, a hip Brooklyn neighborhood that attracts a plethora of artists & creatives.

As of 2021, the average market rent in Williamsburg is $2,771/mo making it one of the more expensive neighborhoods in Brooklyn. Additionally, with 72.05% of all dwellings being rentals, there is excellent opportunity for new developments to provide competitive rentals.

MOD Equities has capitalized on this by renovating existing assets to attract higher rents.

Lifestyle

Trendy Boutiques

Williamsburg has become an area known for its trendsetting neighbors and storefronts, which has promoted Brooklyn-branded shops, bars, and restaurants. Bedford is the first stop off the L train and a central shopping hub in the neighborhood. Small boutiques boast Brooklyn trends for prices lower than in Manhattan, and antique sales and old record stores offer the promise of stumbling upon hidden-gems in the depths of their collections.