Reasonable rental price for a Park Slope studio?

Reasonable? Are you Mayor Bloomberg?

it's reasonable if you think so...In Manhattan studio apts. non-doorman bldg. is about $1800.

Ok--forget the "reasonable" language. Is it higher than the going rate for that neighborhood? I'm familiar with Manhattan rental prices. Brooklyn, not so much.

Park Slope a nice neighborhood, if you could find a 1 bedroom at the same price would you rent it?

Wow, curious, that's a very tough question. But I'll take a wild shot at it. Depending on how much time you have to look and how much you love the place (and how big it actually is [400-sq.-ft. or so?]), I *could* see that being a little high in a falling market.

Factors that would justify that price?
-it's closer to the 5th St. and 5th-6th Ave. of the range you provided, not the 4th Ave. and 10th st. part (I'm thinking proximity to subways and restaurants, etc., here)
-it's very nice and has a little 'wow' factor (good light, nice views, great block, whatever)
-potential building amenities that you care about (I'm assuming that you're looking at small building/townhouse-type place, but maybe it's a larger building?)
-no broker fee (although I expect that's getting fairly standard these days)

Factors that would work against $1400/month?
-If the location is on the bad side of your range. 4th Ave. is a LONG way from the park and many conveniences and no matter what developers say about its transformation, it ain't transformed yet. Add 10th St. to that and you're getting a ways out there.
-no wow factor - it's just an average, acceptable place
-you have to stretch to meet the rent (if so and you have time, do some more research)

This a really qualified answer, I know, but honestly, if you've been looking at comparable places in the area, you're probably a better judge than lots of us on this board of what the going rate for a Park Slope studio is right now. I certainly don't think it should be any more than what you've negotiated it down to.

Good luck!

i'm currently living in a non-doorman bldg. and love it. But there is a cost associated with having a doorman, especially with a rental.

JKB: Thanks for your response. It is very helpful. To use the factors you identified:

(1) Location is good. On a scale from 1-10, it would be a 6 or 7. And it's not on 4th ave and 10th st.
(2) Some wow factor--it's new with a great kitchen. No view, however. Great light.
(3) No amenities.
(4) No broker fee.

Overall, it sounds like you'd say it's a reasonably fair price. At the very least, I'm not grossly overpaying.

Anyone else have any thoughts?

CR, you can get a decent 1BR in a good location for just a bit more.

Here's an example
http://newyork.craigslist.org/brk/abo/1050675923.html

9th street is a bit down there but 9th st and 7th ave is a nice area.

by the way i haven't seen that place in person so who knows, it may be a dump. LOL

Hey curious, yeah, I agree. I don't think you'd be grossly overpaying right now - sounds like you've got probably a great location and a swank kitchen can be very nice. You may feel that you're overpaying in six months, a year or two, but in the near-term you're probably talking a swing of $50-150/month up or down, at best. If you sign a one-year lease, you'll get to know the neighborhood a lot better, and you can re-evaluate.

That's the beauty of renting, right?

And, btw, junkman makes a good point. There are probably cheaper places out there if you a) can wait; and b) want to dig (potentially a lot). If you're happy with the place you described, and you can easily afford $1,400, I doubt you're making a horrible mistake. My $.02.

Btw, pls let me know what you decide. I'll be curious. Thx!

People dont get it when its No fee your paying Higher rent