Downtown Brooklyn, Brooklyn

Modavie Residences

Modavie Residences is a 55-unit high-rise built in 2024 at 88 Schermerhorn Street in Downtown Brooklyn, Brooklyn. We've seen 95 listings here since February 2026, with a one-bedroom asking a median of $3,795.
  • Built 2024
  • 55 units
  • Updated September 2026
1 bedroom ask
$3,795
median
Listings seen
95
since Feb 2026
Stabilized units
0
3 in 2007
HPD violations
0
last 12 months
Asking rents

What apartments at Modavie Residences ask

Median asking rent by size across 95 listings seen between February 2026 and September 2026. From public rental listings Leaseswap tracks on StreetEasy, NYBits, LeaseBreak and others. Asking rents, not signed leases.

  • Studio$3,795$3,180 to $5,50025 listings
  • 1 bedroom$3,795$3,180 to $4,60026 listings
  • 2 bedrooms$9,995$4,795 to $14,99520 listings
  • 3+ bedrooms$11,995$9,995 to $15,0003 listings

Available now

Rent stabilization

No rent-stabilized units on record

Unit counts from NYC tax records, via JustFix's Who Owns What.

Tax records do not list stabilized units here, but individual apartments can differ. Always check a unit's status and rent history with DHCR before signing a lease.

Building conditions

No HPD violations in the last 12 months

Housing code violations issued by NYC HPD, by class. Data as of September 25, 2026.

Class C

0

Immediately hazardous

Class B

0

Hazardous

Class A

0

Non-hazardous

0 open violations · 8 complaints in 12 months · 0 eviction filings in 12 months

Ownership

Who owns the building

From NYC HPD registration records, via JustFix's Who Owns What. Company names only.

Owner
Waterstone Group LLC
Portfolio
66 buildings · 602 units
Last sale
September 30, 2014
Features

What listings here mention

Building features that most listings at this address report.

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Nearby

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FAQs

Common questions

Is Modavie Residences rent-stabilized?
NYC tax records do not list rent-stabilized units at Modavie Residences at 88 Schermerhorn Street. Individual apartments can still differ, so confirm a specific unit's status with DHCR if it matters to you.
How much is rent at Modavie Residences?
Across 95 public rental listings Leaseswap tracks on StreetEasy, NYBits, LeaseBreak and others between February 2026 and September 2026, median asking rents were $3,795 for a studio, $3,795 for a one-bedroom, $9,995 for a two-bedroom, $11,995 for three or more bedrooms. These are asking rents from listings, not signed leases.
Who owns Modavie Residences?
NYC HPD registration records link Modavie Residences at 88 Schermerhorn Street to Waterstone Group LLC, which is associated with 66 buildings and 602 units in NYC. Ownership data comes from JustFix's Who Owns What.
How many HPD violations does Modavie Residences have?
HPD issued 0 violations at Modavie Residences at 88 Schermerhorn Street in the last 12 months, and 0 are currently open. Data as of September 25, 2026.