image of SoHo 1BR for $2300

A SoHo 1BR for $2300? Yep, it’s real.

You want a great location for a bargain price? Our Rental of the Week is a shockingly affordable 1BR in one of the fanciest Manhattan neighborhoods of all.

Address: 120 Thompson St. #18

Price: $2,300

Size: 1-bedroom

Neighborhood: SoHo

Best feature: Situated on a high floor in the midst of painfully stylish SoHo, this 1-bedroom comes at an incredible price for its location. For this much rent, you might expect a dark basement apartment — but just look at the light coming in through those windows.

Why it’s a deal: The median rent for a 1-bedroom in SoHo is $3,500. This unit is priced 34 percent below that.

Biggest drawback: The apartment has a real kitchen, with full-size appliances, which is great. But the tradeoff for that seems to be a lack of living space. The unit might live more like a studio than a true 1-bedroom — but hey, you’d still get to tell everyone that you live in SoHo.

See the listing: 120 Thompson St. #APT18, from Yaal Gluska and Alex Livshiz at Compass.

Hey, why not like StreetEasy on Facebook and follow @streeteasy on Instagram?