Newswire Residential

Modern Spaces Launches Two New Luxury Rental Buildings

Leading brokerage, Modern Spaces launched two new luxury rental buildings in Jersey City and Long Island City, 55 Jordan and Fifty11.

With renters and buyers moving back to Manhattan in extraordinary numbers, with the highest number of leases signed this June since 2008 and prices increasing by 1.7%, now is the perfect time for renters to look at Queens and Jersey City for extra space and more outdoor areas especially with the median price in Queens at $2,700 compared to Manhattan’s $3,249. Prices for these two new buildings range from $1,500-$3,600.

55 Jordan located in McGinley Square just south of Journal Square, in Jersey City. The building, made up of 267 units, offers anywhere from a studio to a 3-bedroom with state-of-the-art amenities and amazing NYC views.

Fifty11, Modern Spaces newest luxury building in Long Island City features state-of-the-art appliances throughout the units and offers an array of outdoor areas for its residents. The building is made up of 75 studio and 1-2-bedroom units ranging from 366-1,033 sq feet.

Credit: Modern Spaces

55 Jordan

Developer: Sequoia Development Group

Exclusive marketing and sales: Modern Spaces

Unit mix: 267 units, studio-3 bedroom

Pricing: $1650-$3600

Square footage: 450 to 920 square feet

Address: 55 Jordan Avenue, Jersey City NJ 07306

Rental highlights:

  • Frigidaire stainless steel appliances
  • White matte kitchen backsplash
  • Washer & Dryer in unit (larger units, laundry room for rest of building)
  • Kohler fixtures

Building amenities:    

  • Fitness center with state-of-the-art equipment
  • Outdoor lounge/terrace (3000 sq ft)
  • Yoga & Pilates fitness center
  • Business Center
  • Doorman
  • Bike storage
  • Available parking garage (for rent)

Neighborhood: 

  • Located in McGinley Square
  • Central to two main streets, Montgomery Street and Bergen Ave.
  • Near Loew’s Jersey Theater, a restored 1929 theater.
  • Journal Square PATH train stop
  • Around the neighborhood, residents can visit distilleries, shops, Journal Square farmers market, and enjoy the 273-acre, Lincoln Park

 

Credit: Modern Spaces

Fifty11

Developer: 50-11 Queens Blvd LLC

Exclusive marketing and sales: Modern Spaces

Unit mix: 75 units, studio, 1 br and 2br

Pricing: $2100-$3500

Square footage: 366-1033 sq ft.

Address: 50-11 Queens Boulevard

Rental highlights:

  • LG Fridge
  • Bosch Dishwasher
  • GE Oven
  • Mosaic backsplash
  • Wood flooring

Building amenities:

  • Outdoor terrace
  • Gym
  • Laundry room
  • Resident’s lounge
  • Bike storage

Neighborhood: 

  • Sunnyside micro-neighborhood
  • One block from 7 train
  • Located near Tornsey playground, Sunnyside gardens park, and Doughboy Plaza
  • Great NYC views
  • Perfect for singles or young couples with LIC being a fun and upcoming neighborhood with easy access to Manhattan