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Can I get a 1br in the village for $3000?

Started by k726
about 15 years ago
Posts: 5
Member since: Oct 2010
Discussion about
My husband and I have been looking for a 1br apartment in the village (west village, central village, soho, union square all OK) for $3000 and have only seen really bad stuff. Walkups in poorly kept buildings and/or really tiny apartments. Anyone know any buildings in these areas that are safe and well kept that have 1brs for around $3000? Or is this impossible? We'd consider gramercy too, but not too far east. Thanks!
Response by NYCREAgent
about 15 years ago
Posts: 156
Member since: Sep 2010

I know a really nice one bedroom in the West Village for 3,000 that just came on the market. I could show it to you if you'd like. It's only one flight up.

Scott at metropolitanpropertygroup dot com

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Response by maly
about 15 years ago
Posts: 1377
Member since: Jan 2009

If you want a doorman and a renovated kitchen, for a real 1br you should up your budget to $3,600. If you are willing to go to Battery Park or the Financial District, or if you are willing to sacrifice one of the 3 (doorman, elevator, renovated) to stay in the Village area, then the answer would be yes. I'm assuming you do not wish to pay for a broker's fee.
Check Rose Associates or Skyline buildings to at least get a sense of prices.

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Response by evnyc
about 15 years ago
Posts: 1844
Member since: Aug 2008

Mmm, not so easy in BPC these days. $3k would get you a studio but 1-bedrooms are back up over $3k. You might find one at Milford. Financial district is a likelier possibility.

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Response by maly
about 15 years ago
Posts: 1377
Member since: Jan 2009

If you search 1BR, no fee, downtown, $2,500-3,000, doorman, this is what you get:
http://streeteasy.com/nyc/rentals/downtown-manhattan/rental_type:frbo,brokernofee%7Cprice:2500-3000%7Cbeds:1%7Cdescription:DOORMAN
It looks like BPC or Financial district are the main option. 77 Bleecker is the only option in the village in that price range, but I suspect "cozy" and "quiet" are code for micro-sized and dark.

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Response by bramstar
about 15 years ago
Posts: 1909
Member since: May 2008

This building is right in the heart of things and close to every mode of transportation.

http://streeteasy.com/nyc/rental/706666-rental-24-fifth-avenue-greenwich-village-new-york

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Response by evnyc
about 15 years ago
Posts: 1844
Member since: Aug 2008

Maly, of the two BPC listings one is collect your own fee and the other is also listed for $3.5K by a reputable brokerage that does a lot of business in BPC - the Boukalis or whatever the name is listing is likely either a mistake or fraudulent. Gotta be careful not to take the searches at face value.

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Response by maly
about 15 years ago
Posts: 1377
Member since: Jan 2009

ev, you might be right. I'm confused about "collect your own fee"; i thought these were landlords or management ads which pretty much stated they do not pay the broker's fee. Doesn't it mean someone who walks in without a broker would be able to rent without paying a fee?

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Response by kylewest
about 15 years ago
Posts: 4455
Member since: Aug 2007

For some perspective on the 24 Fifth recommendation, a much larger one bedroom (maybe 950 square feet) in 20 Fifth Ave (no fee rentals directly through managing agent Sol Goldman Investments) is about $4500 for renovated kitchen/bath/floors/step-down livingrooms/4 large closets.

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Response by MRussell
about 15 years ago
Posts: 276
Member since: Jan 2010

I am living in a 1BR in the East Village (on St.Marks Place) between 2nd and 3rd that I will be moving out of and will be available as of January 1st. The rent will be $3,275 (and I am not sure if the managing agent is all that negotiable) but the building has an elevator, roof deck, doorman from 9-5 Monday through Friday, bike room, laundry on every floor, floor to ceiling windows, high ceilings. It is easily one of the nicest rental buildings in the East Village, and my apartment is one of the best ones as I am on the highest floor.

This is not on the market yet (as I haven't taken photos and put it on the web), and no one but me can show it to you because I currently live here. I'm a real estate broker, but this is no fee. The managing agent is also amazingly nice.

If this sounds at all interesting, please shoot me an email: mrussell@bhsusa.com and I can tell you a little more about it.

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Response by spinnaker1
about 15 years ago
Posts: 1670
Member since: Jan 2008

Does it come with a complimentary tattoo?

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Response by MRussell
about 15 years ago
Posts: 276
Member since: Jan 2010

Haha! Unfortunately, that would be up to k726 to cover, but if she wanted one (or some Pinkberry or any assortment of delicious food) you would only have to walk about 10 feet in any direction.

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Response by spinnaker1
about 15 years ago
Posts: 1670
Member since: Jan 2008

We had friends who lived on St. Mark's and loved going to their 5th? floor walkup with the sleeping loft, 1' elevated bathroom floor and the unadulterated life happening outside their window. They lived above a tattoo joint and a place that sold socks I think. We would go there from our haunt in the WV on Bank and Hudson. Two different worlds, but not very different back then.

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Response by MAV
about 15 years ago
Posts: 502
Member since: Sep 2007

I own/manage a couple of well kept walkups on the WVill where rents are $2600-3000, but units do not become available too often, and I rent them myself (not though brokers) when they do.

Why am I telling you this ten? To let you know that they are out there, just rare.

Good luck!

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Response by Aurence
about 15 years ago
Posts: 12
Member since: Dec 2009

There are some decent one bedrooms for $3,000 or less on http://www.RDNY.com. It's a no broker fee website. You'll know in two minutes if they have anything of interest to you.

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Response by huntersburg
about 15 years ago
Posts: 11329
Member since: Nov 2010

How does RDNY.com get paid?

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Response by k726
about 15 years ago
Posts: 5
Member since: Oct 2010

Thanks all! We have found a couple of things--nothing great. We've upped our budget to $3200, and we are willing to use a broker but would much prefer not to. Oh well!

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Response by huntersburg
about 15 years ago
Posts: 11329
Member since: Nov 2010

Should you have different price points if you use a broker and if you don't? If you lease for 2 years, 15% commission turns the $3200 per month into about $3450.

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Response by jim_hones10
about 15 years ago
Posts: 3413
Member since: Jan 2010

k276, bump your budget another $400 and you will still be looking at a dump. NO matter what anyone here tells you. Ask each one of them how many apartments they have rented in the WV in the last 6 months.

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Response by huntersburg
about 15 years ago
Posts: 11329
Member since: Nov 2010

Jim, I think most people who rent in the West Village, until they get to some high price points for special places, have to know that they are getting relative dumps.

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Response by huntersburg
about 15 years ago
Posts: 11329
Member since: Nov 2010

People think, hey Carrie Bradshaw. But put a few facts together ... great history and old historic buildings, great location and transportation, name that everyone desires, PLUS, no ability to build new housing stock. You can't expect that you get anything nice unless you are paying through the nose.

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Response by jim_hones10
about 15 years ago
Posts: 3413
Member since: Jan 2010

huntersburg
3 days ago
ignore this person
report abuse Jim, I think most people who rent in the West Village, until they get to some high price points for special places, have to know that they are getting relative dumps.

the OP clearly doesn't know that, does she?

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Response by NYCMatt
about 15 years ago
Posts: 7523
Member since: May 2009

"People think, hey Carrie Bradshaw."

Carrie lived on East 74th in a rent CONTROLLED (not stabilized) apartment, and I think it was revealed in one episode that she was paying only around $500/month for that alcove studio (which was, arguably, a bit rough around the edges when you looked closely).

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