walk ups vs elevator

I saw a 2 BR rental in Chelsea that was a 6th fl. walkup. It was cheaper than similar places on the first or second floor, but by how much, not sure. I think it was $2300/mo for rent.

Anything ABOVE the 3rd floor takes a massive hit on ppsf. No one over 30 wants to walk up that many stairs.

No one under 30 does either. They just do because it's cheaper.

Take the stairs, great exercise.

Consider lugging laundry, luggage, children, dogs, etc. Big difference. Also, the caliber of building is usually worse, unless it is a well kept brownstone versus a "tenemant" walkup, than an elevator building.

Certainly that's a lot of schlepping & if it's too much for you then you need to live on a lower floor. You certainly have to plan ahead to avoid any unnecessary climbing but the stairs are very healthy for exercise.

you walk enough in this town. why the hell would you want to travel vertically to get home. I suppose you take the stairs to your office too?

Is there a formula? a percentage off the price per floor?

How about 10% off for each floor you have to schlepp up? Besides the big discount for being a non-elevator building to begin with, that is.

#10 are a broker? Brokers, is there a formula that you use to price or appraise a walk-up apartment?

By way of example, in a walk-up building I know of, identical units just sold about 3-4 months apart. The one on the first floor went for the same price as the one on the top (6th) floor. I think the one on the first floor was undersold.

I think a top floor apartment is more valuable (even in a walk up) because you don't have to deal with people above you stomping and dropping things.

#12, THE SECOND FLOOR ? ! ? Are you THAT lazy????????? GEEEEEZ

Whatever floor its on, elevator or not, just remember:

bid low, bid low, bid low, bid low......

REPEAT

bid low, bid low, bid low, bid low......

#14--but you do have to deal with leaky roof, old fire escapes and general fire hazard. Although you may be lucky enough to have a semblance of a view.

It's not about being lazy.

Walk-ups are hard for some people. For example, when you have a child or two, it is very challenging to live in a walk-up. Have you every tried carrying two children, a stroller, a diaper bag and a bag of groceries up a flight of stairs without dropping one of the children on their head? It isn't easy. And if you have any sort of mobility problems (balance, arthritis, etc) or have family memebers/guests with these issues, walk-ups are out of the question.

When you are buying an apartment, you have to be concerned with your ability to sell it down the line. I think walk-ups have a far more limited pool of buyers than elevator buildings.

People keep saying that stairs are good exercise. And they can be. But let's not confuse an hour on stair master in the gym with walking up the often-concrete steps in a tenement that while carrying heavy/unblanced weight or bulk. I have yet to see a trainer recommend that you exercise your legs by carrying a bulkly laundry bag/stroller/strokker up concrete stairs.