Downtown life! It’s what so many New Yorkers long for, especially now that the city is hopping again. Unfortunately, a home in a hip downtown neighborhood is unattainable for many. That’s what makes our Rental of the Week a fantastic find. This Little Italy 1BR is perfectly situated to take advantage of everything that bustling downtown has to offer, for a price that’s practically unheard of. Run!

Our Rentals of the Week go fast! If this one’s already rented, see more Downtown 1BRs on StreetEasy.

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Address: 95 Elizabeth St. #3

Price: $1,900

Size: 1-bedroom

Neighborhood: Little Italy

Best feature: Location, location, location. It’s a cliche, but it’s true! This Little Italy 1BR gives you a central hub to conveniently enjoy all of downtown. You’ve got quick, easy access to the Lower East Side, SoHo, Chinatown, the East Village, and more. (In other words, everywhere nightlife lovers, culture vultures, and foodies want to be.)

But this is no crappy crash pad. Our Rental of the Week is a real home, spacious and nicely renovated. There’s a high-end stainless steel gas range in the kitchen, and the bathroom is new and stylish. The bedroom is big enough for a queen-size bed. Also, warm wood trim around all the windows, doors, and baseboards provides a chic touch throughout the unit.

Why it’s a deal: Little Italy is tiny, with a median asking rent of $2,995, according to StreetEasy’s Data Dashboard. That puts our Rental of the Week at more than $1,000 per month below average for this desirable downtown area!

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Biggest drawback: This Little Italy 1BR may be perfectly located, but it’s not perfect. For starters, the windows face another building, so there’s not a ton of sunlight. Also, the kitchen does not have a full-size fridge. That might make stocking up to cook in that great oven tricky. Then again, when you’re surrounded by incredible restaurants on all sides, who wants to cook?

See the listing: 95 Elizabeth St. #3, in Little Italy. To learn more, contact Joey Galvis at Nolita Group.

Whether you’re looking to rentto buy, or to sell in NYC, StreetEasy can help.