Can you get anything decent in Brooklyn for what I pay now?
Started by Stick_man
over 16 years ago
Posts: 149
Member since: Aug 2009
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I live in a rental in Great Neck. My rent is 1200 although I think the market value for my place is 1250. My landlord said that's really what he wanted to get for it but the broker and i made a deal for 1200 and so he just stuck with it. The place is really big. It's a studio but has a kitchen that practically has a living room in it and it has a foyer. Not to mention other little pre-war things... [more]
I live in a rental in Great Neck. My rent is 1200 although I think the market value for my place is 1250. My landlord said that's really what he wanted to get for it but the broker and i made a deal for 1200 and so he just stuck with it. The place is really big. It's a studio but has a kitchen that practically has a living room in it and it has a foyer. Not to mention other little pre-war things like trim, a little small room type thing that leads to the bathroom through an arch way. it's a nice big place. I'd say about 850 sq feet minimum if not bigger.
The only problem is there's nothing doing in Great neck and parking is impossible there and expensive for tickets (see other thread).
I'm hoping to leave this place since I'm being held hostage inside my apt by the parking situation. In my imagination since it's Great neck and so nice i was thinking I could get something like the place I have now in Brooklyn, if not for even less money. Is this just wishful thinking?
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Response by notadmin
over 16 years ago
Posts: 3835
Member since: Jul 2008
about buying 1.2k per month is less of what carrying costs of buying will be (unless you get a subsidized price, with subsidized maintenance and tax abatement, city's program to convert otherwise defaulting new developments into affordable housing might give you that chance)... without future appreciation you will be losing $ imho.
when it comes to renting, if your income is below the threshold log in into the city's website, and register for the "lotteries" of rent stabilized (comes in 3 different tiers of income, none will be above 30% of your income, although some allow for guarantors).
Stick, $1200 for 850 sqft is probably not going to fly in any decent Brooklyn neighborhood. For comparison, gf pays $1200 for about half that on a nice block in Greenpoint. Maybe try your luck in a neighborhood further out? I admittedly don't know the market as well out there. Good luck, and let us know what you find.
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Response by Stick_man
over 16 years ago
Posts: 149
Member since: Aug 2009
My place might be smaller than the 850 sq ft actually.
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Response by GraffitiGrammarian
over 16 years ago
Posts: 687
Member since: Jul 2008
Try Kensington in Brooklyn. It's a lot closer in than Great Neck.
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Response by nyc10022
over 16 years ago
Posts: 9868
Member since: Aug 2008
To get the same dollar for dollar value in Brooklyn, you'd end up in a neighborhood that 1) might scare you and 2) will be as much of a pain to get to manhattan as great neck and 3) will be similarly crappy on the lady-frong.
Fact is, LIRR is pretty darn quick all things considered.
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Response by Stick_man
over 16 years ago
Posts: 149
Member since: Aug 2009
LIRR is quick but it's also 200 dollars a month. And it's fast during rush hour. Try taking it other times. I guess I can downsize a little in both quality and size. But do you mean I would be in a shoe box? I would also have to pay more in taxes -- like 125 dollars more a month -- to move back to the boroughs.
It's tough to gauge. Just the other day I went to an open house in Park Slope, which was for only 1000/month admittedly, but it was the was Apt. i have ever seen. it was a basement in brownstone that didn't really look like a brownstone it didn't have the elevated stairs and the brick was sort of Queens looking. On top of it it was small and low ceilings and overall pretty crappy. yet a dozen or so people were there lining up and applying in the just the 20 minutes I was there.
I don't know what to make of this.
The tow other things i saw were even less money and i didn't get to see them because I got stood up. Which was OK since both areas were pretty scary and I wanted to leave ASAP anyway.
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Response by Stick_man
over 16 years ago
Posts: 149
Member since: Aug 2009
What's lady frong?
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Response by nyc212
over 16 years ago
Posts: 484
Member since: Jul 2008
Assuming that you find living in Great Neck comfortable, I am sorry to say that there won't be a similarly "comfortable" area in B'lyn in that price range. You can always try up-and-coming areas, such as South Slope, but the area is going to be sketchy. In fact, many up-and-coming areas are no longer so, due to the current recession. Parking is ALWAYS going to be a problem in B'lyn, too.
Given your budget, I'd stay put where you are. Also, how about the municial parking structure near CVS? I have a friend who has a sticker which allows him to park there 24-7 and it is pretty darn cheap, from what I hear.
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Response by drdrd
over 16 years ago
Posts: 1905
Member since: Apr 2007
Lady front, I guess he meant. There's also that flippin' car; if you can get rid of it, that will give you more money to work with.
At $1,250 a month, it is going to be very difficult to find anything in a decent neighborhood in Brooklyn. I would personally just stay in Great Neck, save up money, and maybe buy something when your able to. And as far as the housing lotteries mentioned by admin, isn't half of NYC on it? I mean what are the odds of getting anything?
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Response by shaimegiddo
over 16 years ago
Posts: 40
Member since: Jun 2009
Central Queens might give you the same size for your money.
Forest Hills, Rego Park,Kew Gardens to name a few areas. Parking is tough however it's allowed on all side streets at all times except alternate side days (you will run into the same thing in Brooklyn).
If you can see yourself in one of those areas,that might be a good step. Otherwise just stay in GN for a while save money and buy a 1br apt in a more desirable location.
Next to Prospect Park, some stores, restaurants and train. The parking is not too bad there either. I live near by and get to Park Slope in the car in less than 5 min or take the train for 3-4 stops.
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Response by ab_11218
over 16 years ago
Posts: 2017
Member since: May 2009
forgot, there's a gym 2 blocks away too
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Response by Stick_man
over 16 years ago
Posts: 149
Member since: Aug 2009
Greenpoint is good enough. I have a motorcycle and a loud one and want the freedom to ride it without being on verge of a neighbor whining about it every time. I don't fit in in GN. I get dirty looks from people in my own freakin building.
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Response by glamma
over 16 years ago
Posts: 830
Member since: Jun 2009
drdrd, those are good prices for brooklyn heights rentals
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Response by alanhart
over 16 years ago
Posts: 12397
Member since: Feb 2007
"I have a motorcycle and a loud one and want the freedom to ride it without being on verge of a neighbor whining about it every time. I don't fit in in GN."
You won't fit in anywhere, except maybe a trailer park on the outskirts of Flint, Michigan. And the like.
There used to be a biker-type place like that around maybe Wythe & N 4th or so many years ago. I guess what goes around comes around, but in a much paler shade of incredibly annoying.
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Response by Stick_man
over 16 years ago
Posts: 149
Member since: Aug 2009
Alan what are you talking about I hear loud motorcycles in the East Village all the time and no one even gives it a second look. i don't know what you're trying to say with your statements. i'm sorry if motorcycles interrupt your trendy, yuppy, wine tastings.
about buying 1.2k per month is less of what carrying costs of buying will be (unless you get a subsidized price, with subsidized maintenance and tax abatement, city's program to convert otherwise defaulting new developments into affordable housing might give you that chance)... without future appreciation you will be losing $ imho.
when it comes to renting, if your income is below the threshold log in into the city's website, and register for the "lotteries" of rent stabilized (comes in 3 different tiers of income, none will be above 30% of your income, although some allow for guarantors).
http://www.nyc.gov/html/hpd/html/apartment/lotteries.shtml
Stick, $1200 for 850 sqft is probably not going to fly in any decent Brooklyn neighborhood. For comparison, gf pays $1200 for about half that on a nice block in Greenpoint. Maybe try your luck in a neighborhood further out? I admittedly don't know the market as well out there. Good luck, and let us know what you find.
My place might be smaller than the 850 sq ft actually.
Try Kensington in Brooklyn. It's a lot closer in than Great Neck.
To get the same dollar for dollar value in Brooklyn, you'd end up in a neighborhood that 1) might scare you and 2) will be as much of a pain to get to manhattan as great neck and 3) will be similarly crappy on the lady-frong.
Fact is, LIRR is pretty darn quick all things considered.
LIRR is quick but it's also 200 dollars a month. And it's fast during rush hour. Try taking it other times. I guess I can downsize a little in both quality and size. But do you mean I would be in a shoe box? I would also have to pay more in taxes -- like 125 dollars more a month -- to move back to the boroughs.
It's tough to gauge. Just the other day I went to an open house in Park Slope, which was for only 1000/month admittedly, but it was the was Apt. i have ever seen. it was a basement in brownstone that didn't really look like a brownstone it didn't have the elevated stairs and the brick was sort of Queens looking. On top of it it was small and low ceilings and overall pretty crappy. yet a dozen or so people were there lining up and applying in the just the 20 minutes I was there.
I don't know what to make of this.
The tow other things i saw were even less money and i didn't get to see them because I got stood up. Which was OK since both areas were pretty scary and I wanted to leave ASAP anyway.
What's lady frong?
Assuming that you find living in Great Neck comfortable, I am sorry to say that there won't be a similarly "comfortable" area in B'lyn in that price range. You can always try up-and-coming areas, such as South Slope, but the area is going to be sketchy. In fact, many up-and-coming areas are no longer so, due to the current recession. Parking is ALWAYS going to be a problem in B'lyn, too.
Given your budget, I'd stay put where you are. Also, how about the municial parking structure near CVS? I have a friend who has a sticker which allows him to park there 24-7 and it is pretty darn cheap, from what I hear.
Lady front, I guess he meant. There's also that flippin' car; if you can get rid of it, that will give you more money to work with.
Here are a few places listed on SE. Good luck.
http://www.streeteasy.com/nyc/rentals/nyc/no_fee:0%7Cprice:-1250%7Carea:306,305,322,325,307,303
At $1,250 a month, it is going to be very difficult to find anything in a decent neighborhood in Brooklyn. I would personally just stay in Great Neck, save up money, and maybe buy something when your able to. And as far as the housing lotteries mentioned by admin, isn't half of NYC on it? I mean what are the odds of getting anything?
Central Queens might give you the same size for your money.
Forest Hills, Rego Park,Kew Gardens to name a few areas. Parking is tough however it's allowed on all side streets at all times except alternate side days (you will run into the same thing in Brooklyn).
If you can see yourself in one of those areas,that might be a good step. Otherwise just stay in GN for a while save money and buy a 1br apt in a more desirable location.
here's something in Kensington/Windsor Terrace.
http://www.kingsqueensapts.com/apartment_search_result.php?neighbour%5B9%5D=on&prices%5B1%5D=on&prices%5B16%5D=on&x=41&y=5
Next to Prospect Park, some stores, restaurants and train. The parking is not too bad there either. I live near by and get to Park Slope in the car in less than 5 min or take the train for 3-4 stops.
forgot, there's a gym 2 blocks away too
Greenpoint is good enough. I have a motorcycle and a loud one and want the freedom to ride it without being on verge of a neighbor whining about it every time. I don't fit in in GN. I get dirty looks from people in my own freakin building.
drdrd, those are good prices for brooklyn heights rentals
"I have a motorcycle and a loud one and want the freedom to ride it without being on verge of a neighbor whining about it every time. I don't fit in in GN."
You won't fit in anywhere, except maybe a trailer park on the outskirts of Flint, Michigan. And the like.
http://newyork.timeout.com/articles/i-new-york/68702/friday-7pm-at-the-shop
There used to be a biker-type place like that around maybe Wythe & N 4th or so many years ago. I guess what goes around comes around, but in a much paler shade of incredibly annoying.
Alan what are you talking about I hear loud motorcycles in the East Village all the time and no one even gives it a second look. i don't know what you're trying to say with your statements. i'm sorry if motorcycles interrupt your trendy, yuppy, wine tastings.