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What NYC Real Estate Can You Rent For $2000?

Started by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008
Discussion about
Those who can pay $2,000 a month for rent can afford a variety of city housing. NY1's Shazia Khan filed the following report. Our search to see just how far our dollar can stretch in the city's soft rental market continues, with a monthly budget of $2,000. http://ny1.com/1-all-boroughs-news-content/ny1_living/109923/what-nyc-real-estate-can-you-rent-for--2000- What can you buy for that price? Real... [more]
Response by NYCMatt
about 16 years ago
Posts: 7523
Member since: May 2009

Seriously?

An apartment in Greenpoint or STUDIOS in Manhattan? That's the best you can do?

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Response by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008

59 East 75th Street
Upper East Side, Manhattan

Next is an Upper East Side studio.

"This fabulous apartment is right off of Madison Avenue, close to Central Park, one-and-a-half blocks from Museum Mile," says Justine Bray of Brown Harris Stevens.

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Response by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008

And that's just SOME no-fee.

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Response by RoseNYC
about 16 years ago
Posts: 29
Member since: May 2009

One Bedrooms at The Brooklyner start at $2,100 but if you factor in the free rent the net effective rate is just shy of $2,000. And it's a brand new building with amazing views and great amenities...
http://rosenyc.com/No-Fee-Rental/The-Brooklyner.aspx

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Response by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008

Thanks RoseNYC - I just moved into the Ellington and love it!

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Response by julia
about 16 years ago
Posts: 2841
Member since: Feb 2007

thanks stevejhx this info is great...i am finding apts. much less than the $2500 I'm currently paying. Just saw a small one bedroom for $1450 (very small, walk-up, no laundry). Also, saw a nice size one bedroom for $1750, elevator and laundry...Bottom Line...they're out there.

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Response by 11201962
about 16 years ago
Posts: 106
Member since: Jan 2007

Steve, Glad you like the Ellington. What kind of deals are they offering on a two bedroom? Thanks.

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Response by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008

They have one posted on their website, I think another one is available. They give you a free month, let it be amortised, and then let you sign a two-year lease at that price. I got a fantastic place for $3,600. I LOVE IT HERE!

Yup, Julia, there's plenty out there. If you're willing to head to Inwood & W. Heights, you can get a 2-bedroom or more for that price.

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Response by mimi
about 16 years ago
Posts: 1134
Member since: Sep 2008
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Response by 11201962
about 16 years ago
Posts: 106
Member since: Jan 2007

Thanks, Steve. Do they allow small dogs in the building?

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Response by zuzia
about 16 years ago
Posts: 2
Member since: May 2009

Has anyone rented an apt from Equity Residential recently? Do they offer a free month (I don't see any move-in incentives on the website)? I'm looking for a 1-bd on UWS. Everything seems to be negotiable these days. Are they reasonable when the renewal time comes? Archstone seems to have a lot of vacancies at the moment, not sure what to make of it? Tenants not happy with the management or pricing.

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Response by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008

meems - I'd rather be in Inwood.

Yes they allow small dogs. & lots of old ladies. ;)

zuzz - Archstone has lots of vacancies b/c their rents are astronomical - 50% more than the competition. They'd be better off lowering them & getting their occupancy rates up.

Also, since the split between Rockrose & TFCornerstone, looks like TFCornerstone properties have come down in price, and are now pretty competitive.

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Response by alanhart
about 16 years ago
Posts: 12397
Member since: Feb 2007

Steven, old ladies don't come in lots. I think they might come in gaggles, but I'm not quite certain.

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Response by alanhart
about 16 years ago
Posts: 12397
Member since: Feb 2007

But I know they go to plots.

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Response by alanhart
about 16 years ago
Posts: 12397
Member since: Feb 2007

After they go 'plotz'.

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Response by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008

Is that poetry a pion, or a paean, or a peahen?

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Response by inonada
about 16 years ago
Posts: 7952
Member since: Oct 2008

Julia, I am SO glad to hear that you are out and looking at options out there rather than fretting. Unlike for some of us a-holes, it seems that a nicer / cheaper place will make a big difference to your life, and I for one am rooting for you to find a kick-ass place. Remember that everything is negotiable these days, and make sure to lock up your pricing for more than one year. E.g., get a 3-year lease with 3% increases with an option for just you to break the lease with a 60-day notice any time after the first year. You don't want to be in a situation a year from now where you are thinking no rent increase, and the landlord is thinking 15%.

Good luck, and do let us know where you end up. Happy hunting!

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Response by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009

$2400 gets you a one bedroom fairly new construction at Trump on the west side.

Its just crazy what you can get in rentals now.

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Response by jqzeng
about 16 years ago
Posts: 12
Member since: Mar 2009

which Trump building on riverside Blvd can you get for $2400 a month? how about 2-bedroom there?

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Response by LICComment
about 16 years ago
Posts: 3610
Member since: Dec 2007

Thanks for ignoring tax deductions in another waste of a comparison steve.

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Response by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009

> which Trump building on riverside Blvd can you get for $2400 a month? how about 2-bedroom there?

I don't know which specifically, but a friend lives in Lincoln Towers and saw the listings. Its probably one of the ones right there.

Don't know on 2 beds.

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Response by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008

"Thanks for ignoring tax deductions in another waste of a comparison steve."

HAHAHAHAHAHA! You're a one note singer, LICC: flat. No amount of "tax deductions" will get you to the $2,000 a month level a), and b) add in the other side of the equation (like not losing your principal) and see what you come up with.

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Response by kands10016
almost 16 years ago
Posts: 76
Member since: Apr 2009

I think there was a list of no fee management co's (landlords) posted on these boards (twice I think), can someone repost? I can't seem to find it...thanks!

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Response by notadmin
almost 16 years ago
Posts: 3835
Member since: Jul 2008

wow mimi, that place in mt morris was empty for 10 months!

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Response by stevejhx
almost 16 years ago
Posts: 12656
Member since: Feb 2008

nybits.com

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