Property Details

Lease assignment for unit 27J, a high-floor alcove studio at The Ashland, available around July 1, 2026 through Feb 26, 2027. Net effective rent is about $3,575/month based on a $1,000 move-in credit over the roughly 8-month assignment term. Legal monthly rent is $3,700, no broker fee. This is meaningfully below recent in-building studio pricing: comparable Ashland studios have recently listed around the low $4,000s, with current studio availability around $4,150+. Management has confirmed the assignee can take over the remainder of the lease and can renew or re-sign at lease end at the rates then offered.

Highlights: alcove studio layout that lives like a junior 1BR, floor-to-ceiling windows, south/east exposure, great light and views, modern kitchen with dishwasher, central air, and strong closet space. Building amenities include 24/7 doorman, elevator, gym/classes, roof deck, lounges/co-working, outdoor grill areas, bike storage, laundry, and pet-friendly policies subject to approval. Near Fort Greene Park, BAM, Atlantic Terminal, Dekalb Market Hall, Trader Joe's, Target, and B/Q/R, 2/3/4/5, G, C, and LIRR.

Incentives

No broker fee. $1,000 move-in credit / reduced upfront cash requirement available. Advertised net effective rent is about $3,575/month over the roughly 8-month assignment term; legal monthly rent is $3,700. This is materially below recent The Ashland studio listings around the low $4,000s to $4,150+.

Additional fees

Assignment is subject to The Ashland / Gotham approval. Management said the process generally takes about 10 business days once the assignee applies.

Applicant should be prepared for standard application review and supporting documents. Prior assignment instructions for this unit listed: $20 application fee for leaseholder and $20 for guarantor if needed, government photo ID, signed authorization form, 2 most recent pay stubs or 2 most recent years of tax returns if self-employed, and most recent complete bank statement. Yearly compensation/AGI must typically be 40x monthly base rent, or 80x for a guarantor if used. Please confirm current requirements directly with management.

Other info

Lease assignment through February 26, 2027, with renewal/re-signing available at lease end subject to management's renewal offer and approval. Available around July 1, 2026. Advertised net effective rent assumes a $1,000 credit over the assignment term; legal rent is $3,700/month. Final legal rent, amenities fee, utilities, incentive structure, and any building charges should be confirmed with management. Pet-friendly building subject to management policies.