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Advice: Looking for one-bedroom, no fee Chelsea apartment rental

Started by Topper
over 16 years ago
Posts: 1335
Member since: May 2008
Discussion about
Any advice on finding a one-bedroom, no-fee, Chelsea apartment? Is $3,500 a reasonable price? Do not need doorman. Prefer far west area - particularly Chelsea historic district townhouses. Thanks.
Response by aboutready
over 16 years ago
Posts: 16354
Member since: Oct 2007

http://www.streeteasy.com/nyc/rental/503574-coop-342-west-21st-street-chelsea-new-york

open house thursday. coop but says rental term is 12-24 months. no fee, $3400.

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Response by lad
over 16 years ago
Posts: 707
Member since: Apr 2009

$3,500 should be reasonable. If you like far west and historic, London Terrace is advertising a low-floor one bedroom for $3k. If I'm right, the "A" units are entirely courtyard facing, but the partment they're advertising probably gets very little sunlight.

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Response by Topper
over 16 years ago
Posts: 1335
Member since: May 2008

Thanks, all!

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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9880
Member since: Mar 2009

OK, I'm disclosing up front that this is my own listing. I apologize if this violates any forum rules.

http://dgneary.com/BrokerWebsite3/Code/rental_detail.asp?index=12

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Response by w67thstreet
over 16 years ago
Posts: 9003
Member since: Dec 2008

dead link 30yrs....didn't have time to respond to your sf ft rant b/f..... I totally disagree b/c your comp is incorrect. The sf ft number is very valid if you were to look at the same line within a building... yes there are totally other variables, but that would be reflected in +/- Sf ft. The beauty of sq. ft. ( in the long run) would be the ability to say a CPW apt with views are worth (let's say) 20% more than a CPW apt in the same line w/o views.... in my mind these ratios would be the equivalents of e=mc2 :)

aboutready.. if i was gay w/ no kids... i'd be all over that :)

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Response by nyc10023
over 16 years ago
Posts: 7614
Member since: Nov 2008

I'm slow - topper. Nice one, W67.

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Response by aboutready
over 16 years ago
Posts: 16354
Member since: Oct 2007

w67th, you're not gay?

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Response by w67thstreet
over 16 years ago
Posts: 9003
Member since: Dec 2008

For my wife's last b-day, I got her a signed autograph from "hunky" well known male and I do point out the deficiencies in other men's physique alot to her... like that guyz built like a tank on top riding on a tricyle.... etc etc etc.... maybe you're onto something ar :)

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Response by aboutready
over 16 years ago
Posts: 16354
Member since: Oct 2007

i love gay men, and i love you, but .... i'm not gay and i might love your wife even more.

it's my birthday today, and my husband has to be out of town. i'm feeling a bit old haggish, and what does he do but call me and tell me not only how great i am, but that he's so happy we're married, AND he thinks i've aged in the most awesome of ways. i don't care if he's lying, he's my hero.

we were married on April Fool's day. how funny. my choice, of couse, along with the Clash as the first dance song.

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Response by aboutready
over 16 years ago
Posts: 16354
Member since: Oct 2007

btw, sorry topper. tomorrow as penance i'll do some searching for your apartment.

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Response by w67thstreet
over 16 years ago
Posts: 9003
Member since: Dec 2008

well happy birth day!

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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9880
Member since: Mar 2009

"dead link 30yrs...."

I hate my company's system, I hate my company's system, I hate my company's system,I hate my company's system....................
http://www.dgneary.com/BrokerWebsite3/Code/rental_detail.asp?listing_id=25513

"didn't have time to respond to your sf ft rant b/f..... I totally disagree b/c your comp is incorrect. The sf ft number is very valid if you were to look ********************at the same line within a building**********************... yes there are totally other variables, but that would be reflected in +/- Sf ft. The beauty of sq. ft. ( in the long run) would be the ability to say a CPW apt with views are worth (let's say) 20% more than a CPW apt in the same line w/o views.... in my mind these ratios would be the equivalents of e=mc2 :)"

This is where you are wrong: the other variables have MORE to do with the number than just the SF. THAT was my point as to why (and I'm assuming which discussion you are referring to) kno9wing the average $PSF ***FOR ALL OF PARK AVENUE**** is totally useless. When the highest number is more than twice the lowest number, using an average as a predictor (which it turned out was EXACTLY what he was trying to do) of what any on data point will be is useless. that's simple stats101 - has nothing to do with whether it's RE or tiddlywinks.

But also, think about what you just said: you want to use $PSF to compare comps within a line in a building. Well, guess what? Use your junior HS algebra and find out that common denominators cancel each other out. Within the same line, the SF is the same, so $PSF is simply adding a useless extra step since it's equal for all entries.

And as far as the discount within a line for views of CP or no view of CP, it's not the same EVEN PERCENTAGE WISE for different buildings, or often even different lines withing a building.

Go look for the example I gave when someone wanted to know how much outdoor space was worth PSF. I think I pretty definitively showed it's not some number or even ratio of inside $PSF. I've challenged any broker or economist to disprove my theory using that example for over 15 years and not a single one has been able to dispute my findings yet. Maybe you can be the first.

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Response by aboutready
over 16 years ago
Posts: 16354
Member since: Oct 2007
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Response by Topper
over 16 years ago
Posts: 1335
Member since: May 2008

Guy/gals,

Thanks! A lot of interesting leads.

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