Rental pick of the week

The landlord of this Crown Heights two bedroom accepts Bitcoin

By Jennifer White Karp | March 20, 2018 - 1:00PM 

The apartment at 925 St. Marks Ave. has been renovated.


This two bedroom in Crown Heights is listed for $2,199 a month with no broker’s fee. It includes an intriguing proposition that is showing up more frequently these days: The landlord accepts rent in Bitcoin.

Landlords who accept Bitcoin are still few and far between, but it is becoming more common. Brookliv, the brokerage representing the listing, says it had accepted Bitcoin deposits from three tenants as of January (the company didn't respond to our inquiry). The rental platform ManageGo also accepts Bitcoin. 

This apartment at 925 St. Marks Ave. is priced lower than the median rent for a two bedroom in Crown Heights, $2,489, and moreover, it could be a good bet for a renter who thinks Bitcoin is going to continue to lose value. The volatile cryptocurrency has fallen sharply in value recently, to $8,143 from its all-time high of $19,783 in December. Of course, if Bitcoin goes back up, it’s the landlord who wins.

The apartment has been renovated and has two large bedrooms and hardwood floors.

For the most part, the apartment has very neutral walls and floors, but there’s bold patterned tile in the bathroom.

The kitchen looks serviceable, with lots of cabinets and a second counter space opposite the fridge. There’s also a dishwasher.

Heat and hot water are included in the rent. The building has a live-in super and allows pets and guarantors.

It is a block away from the Brooklyn Children’s Museum, and six blocks from Eastern Parkway and the 2,3,4 and 5 trains. It's also six blocks from the Nostrand Avenue stop on the Long Island Rail Road.



Jennifer White Karp

Managing Editor

Jennifer White Karp steers Brick Underground’s editorial coverage of New York City residential real estate and writes articles on market trends and strategies for buyers, sellers, and renters. Jennifer’s 15-year career in NYC real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC. She holds a B.A. from Wesleyan University and an MFA in nonfiction writing from the New School.

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