This Lower East Side 1-bedroom is renting for $300 less than the neighborhood median.
Good deals in Downtown Manhattan are few and far between. So when a classy 1-bedroom asking well below the area’s median rent comes along, people take note. With a sophisticated renovation, a solid dose of classic NYC character and a rental price of $2,650, this Lower East Side 1-bedroom is definitely worth noting.
Address: 78 Clinton St. #6
Price: $2,650
Size: 1-bedroom
Neighborhood: Lower East Side
Best feature: This 1-bedroom has the bones of a classic downtown apartment but the polish and style of something you might find on the Upper East Side. Exposed brick and wide-open views of neighboring tenement buildings squarely locate the apartment on the Lower East Side. But, fresh off a sophisticated renovation, the place sparkles with class.
The kitchen is outfitted with new cabinetry, gleaming white subway tiles, stainless steel appliances (including a dishwasher) and a sleek breakfast bar. Tucked off to the side, there’s a thoughtful built-in for curated display objects. The lighting choices are thoughtful, too, with recessed lighting counterbalancing a simple statement pendant in the living area. In the bedroom, a mix of exposed brick, a cute pendant light and tray ceilings completes the classy-meets-classic aesthetic.
Why it’s a deal: This is a good deal any way you cut it. The median asking price for a 1-bedroom in Manhattan is $3,445, and it’s $2,997 on the Lower East Side. Compared to both borough and neighborhood prices, this apartment offers major savings.
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Biggest drawback: The living area, while lovely, is not large enough to fit a true dining table. So renters will have to dine at the breakfast bar or in front of the TV. Also of note: The apartment is located in a building that dates back to 1920, and as such, it must rely on window air-conditioners.
See the listing: 78 Clinton St. #6, listed by Raymond Gani of J Misrahi Realty.
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