Rent Differential - Low Floor vs. High Floor

I don't think so. I can tell you that when I rented our exact apt on the 33rd floor with magnificent views was asking $350 more per month -not sure what it rented at. Ours is on the fifth floor. Are you looking in Murray Hill btw - one side of my bldg has helicopter views

No, different part of town. Price difference between the 2 apts. is $1100, with about 20 floors difference. Seems high, yes?

Also, noise and critters can be a factor for the first 5-7 floors.

Agree on the noise/critters factor on a lower floor. "Magnificent views" apt. is on 15th floor, "helicopter views" on 36th floor, and there is little street noise evident in the 15th floor unit. Does $1100 difference make sense? Should it be less in current environment?

only makes or doesn't make sense if someone is willing or unwilling to pay. that's currently up to you.

I live on 35th floor of a 47 floor rental building. We moved from 10th floor to 35th floor within the buidling two year ago. Apartments are almost identical with a slightly large hall closet and obviously much better views on the 35th floor. The difference in rent was only $400. I think $1,100 seems a lot. Could be worth negotiating for a reduction but that also depends on the overall rent of the apartment.

Thanks, newbuyer6. I calc'd $20/floor x 20 = $400, so you've given me something definitive. The overall rent of the "helicopter view" unit is high - mid-$5K for 2br/2ba with w/d.

Agreed... its noise, then light, then view of things. If you're above other building already, then another few floors won't make as much of a difference until it gets to the seeing the rivers and other state kind of thing. I think its more about the specific views and light than "height".

OK, maybe not definitive, newbuyer6, but certainly something I can use in my negotiations. Thanks.

Landlords have often used and quoted the $50 per floor increase in luxury buildings, but I think given the state of things now, $1100 might be excessive.

The Capitol in Chelsea (6th Avenue) has 19E listed at $2950 and 30E at $3050, $100 for 11 floors!
Their floor plans are identical, but I don't know if there are other things at play...

Good point nyc10022. One could argue that Central Park views are "worth" more than cityscape views and I'm sure the landlord will try that route in negotiating. Thanks for the $50/floor figure, polydoa. Have to agree that given the current market, we're in new territory. Maybe $20-$30/floor is the new $50.