POLL: Would You Pay Extra to Live in a Building With a Personal Subway Entrance?

Posted On Thu, March 10, 2016 By

Posted On Thu, March 10, 2016 By In Polls, real estate trends, Transportation

It’s already been pretty well documented that proximity to subway lines increases rental value. But what about subway access right in the building? Brooklyn Paper recently reported on the new AVA DoBro tower in Downtown Brooklyn that offers, in addition to swanky amenities like a heated dog run and an espresso bar, a brand new subway entrance right on the side of the building. They explain:

Developer Avalon Bay has created a spacious 10-foot-wide staircase and elevator leading to Jay Street-MetroTech — which it paid for out of its own pocket, according to the Metropolitan Transportation Authority — where both residents and the unwashed masses will soon be able to head directly down to the R platform, or connect to the A,C, and F trains.

Though the entrance is publicly accessible, it still makes life a whole lot easier for building residents, who will be paying from $2,440/month for studios to $5,780/month for three-bedrooms, according to Curbed. Prices, of course, aren’t directly related to the subway access point, but it certainly doesn’t hurt. Which leads us to our question — Would you pay extra to live in a building with a personal subway entrance?

Images: Rendering of AVA DoBro (top); AVA DoBro’s new subway entrance via Brooklyn Paper (L); Standard subway entrance (R)

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Neighborhoods : Downtown Brooklyn



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