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Building exterior 6 photos

The Paxton

540 Fulton Street, NY 112013.4 ★ (114 reviews)
Rental building
Website

Summary

The Paxton is a newer Downtown Brooklyn rental with in-unit laundry, a rooftop, BBQ terrace, gym, yoga studio and several resident work and lounge spaces. Residents praise the views, staff and clean amenities, while management communication, package-room access, elevator reliability and a history of delayed deposits are the main concerns.

327 unitsOpened 2023Managed by Dalan Real Estate

Reviews

The building itself earns strong marks for views, sound insulation, clean shared spaces and friendly staff. Management changed during the review period, and the resident experience remains split: current service receives meaningful praise, while communication, elevator and package access still draw complaints.

Google
3.4
114 reviews
Openigloo
3.4
9 reviews

What residents praise

Apartments and views feel polished

Residents praise the modern finishes, large windows, strong sound insulation and city views from higher floors.

The amenity spaces are clean and useful

The gym, lounges and rooftop receive consistent praise for their design, upkeep and practical variety.

Front-line staff is friendly and supportive

Door attendants and newer management staff are often described as responsive, professional and helpful through moves and everyday requests.

What residents complain about

Communication can disappear when an issue is difficult

Residents report unanswered calls and emails about account access, utility bills, repairs and move-out questions.

Package access follows limited hours

Residents cannot always collect deliveries when they return late, and the front desk may be unable to release them when the package room is closed.

Elevators and older deposit disputes remain warning signs

Current residents still report long elevator outages, while several former residents under prior management waited months for security deposits.

Amenities

The Paxton has central air and in-unit laundry in some apartments, with a shared laundry room. Residents have an attended lobby, fitness center and yoga studio, a ninth-floor terrace and two rooftop decks.

In the apartment
In-unit laundry
Some apartments
Central air
Dishwasher
In the building
24-hour doorman
Elevator
Fitness center*
Pool
Not available
Shared outdoor space
On-site parking*
Package service
Resident storage
Shared laundry

* Fees apply to marked amenities. See Costs in the Availability tab.

Also here: Bike storage · Business center with conference room · Resident lounge with fireplace and kitchenette · Media room · Common-area WiFi

Location

The Paxton is located at 540 Fulton Street, New York, NY 11201. The Paxton sits in central Downtown Brooklyn near multiple subway lines, shopping and Fort Greene. Daily errands and commuting are easy without a car, while the busy Fulton Street setting is more urban than residential.

TransitSupermarketsParks
  • 4 min
    Nevins St2345
  • 5 min
    DeKalb AvBQR
  • 5 min
    Hoyt St23
  • 5 min
    Hoyt-Schermerhorn StsACG
  • 8 min
    Jay St-MetroTechACFR
  • 9 min
    Atlantic Av-Barclays Ctr2345BDNQR

Building records

Housing complaints are relatively uncommon compared with similar buildings, with noise, ventilation and air quality accounting for most reports. Nearby new-building projects may also affect day-to-day quiet.

Reported housing complaintsPast 3 years

Reported housing complaints
Housing-related reports submitted to NYC 311 by residents or the public. A report describes a reported issue, not a confirmed violation.

6.1 reports per 100 apartments, versus 28.8 for other comparable apartment buildings in New York.

CategoryReportsLatest
9
Jul 2026
6
Mar 2026
3
Feb 2026

HPD housing-code violationsPast 3 years

HPD housing-code violations
Housing-code violations issued by NYC’s Department of Housing Preservation and Development after an inspection. Routine administrative filings and notices are excluded.
ConditionCitationsStatus
1
Closed
1
Closed

Construction nearby

Construction nearby
Construction projects on or near this building with active work permits.
ProjectDistanceLatest permit
300 ftMay 2026
450 ftAug 2026
600 ftApr 2026

Rent history

Studios ask about 4% more than the Downtown Brooklyn median. One-bedrooms ask about 1% more than the Downtown Brooklyn median.

Typical rents

Typical rents
Final asking rents from listings that ended in the past year, compared with the same apartment size across buildings in Downtown Brooklyn.
Studio
$3,687median / mo
+4% vs area
$3,447–$4,450
1 bed
$4,532median / mo
+1% vs area
$4,230–$4,990
2 beds
$6,450median / mo
+5% vs area
$6,089–$9,100911 sq ft · 10% smaller than area

Concessions

Historical concessions
Free-rent offers on listings that ended in the past year, including listings with no offer.
AllStudio1 bed2 beds3 beds

About one in three listings offered free rent, most commonly one month. If the apartment you like doesn’t include an offer, it’s worth asking whether leasing can extend one.

No free rent recorded: 68%0.5 months: 1%1 month: 14%1.25 months: 3%1.5 months: 5%2 months: 5%2.5 months: 3%2.75 months: 1%
32%of listings offered free rent
No free rent recorded
68%(54 of 79)
0.5 months
1%(1 of 79)
1 month
14%(11 of 79)
1.25 months
3%(2 of 79)
1.5 months
5%(4 of 79)
2 months
5%(4 of 79)
2.5 months
3%(2 of 79)
2.75 months
1%(1 of 79)

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