The Stanwix, a new rental building at 115 Stanwix Street in Bushwick, Brooklyn, is approaching full occupancy. JCS Realty is the developer and ND Architecture & Design is the architect of record for the eight-story structure, which illustrates how efforts to revitalize and invigorate the working-class neighborhood have exceeded the city’s expectations in regard to housing improvement, diversification, and economic development.
The Stanwix is comprised of about 130 units ranging from one- to three-bedroom layouts. Input Creative Studio is responsible for the interior design. Each residence features floor-to-ceiling windows, red oak hardwood floors, integrated lighting, and stainless steel appliances. Select units offer large outdoor terraces.
Amenities include a rooftop lounge and garden, a children’s playroom, an event space, a communal kitchen, indoor lounge areas, a screening room, a library, a fitness center and yoga studio, co-working space with a private conference room, and a coffee bar.
When leasing launched for The Stanwix, approximately 30 percent of the units were marketed as affordable homes. This included two studios, 28 one-bedroom units, seven two-bedroom units, and four three-bedroom units. Rents began at about $1,430 and topped out at $3,225 a month.
In collaboration with Nooklyn, the development team has reported great success in filling available units. According to info from third-party sources, only three out of 130 units are currently vacant. Average price for these apartments is an estimated $3,294.