Need Manhattan apt, 2 bdr, 2 ba. Prefer upper west-side but will consider other areas like downtown. Nothing too fancy but would like space, say 1000-1200 sf minimum. How much do places cost now to rent per month, or buy? Lease would be 1 yr. Again nothing luxurious/fancy but good neighborhood AND SPACE. Old bldg OK too. A "regular Joe" kind of place.
2006-11-05 18:40:00 · 15 answers · asked by Babyface 3 in Travel ➔ United States ➔ New York City
Wow going through an old question. Finally settled on Upper East Side, 2BR/2BA, 1200 sf in decent building ends up costing around $7,000 per month in 2016. Average sale price for this type of apt around $2MM. Nothing great in either case (rent or buy). Forget the suburbs, I have friends who commute and they are miserable spending hours on the train each week plus tied down with miserable homeowner errands on weekends.
2017-01-02 12:09:53 · update #1
I pay around $3000 per month for a 700 square foot one bedroom apartment in Manhattan. You can, if you're lucky find a small two-bedroom place for that price. More than likely, you'll get what should be a one bedroom apartment with an extra wall, making it a two bedroom apartment.
Don't get me wrong, there are deals to be had in Manhattan. These usually come with sacrifice. You may be able to find a two bedroom apartment for $2500 in the Lower East Side or Hell's Kitchen. They may not be your top pick for neighborhoods, but it's the age-old question: which is more important, size or location?
Either way, if you're looking for a decent two bedroom apartment in NYC, I would go to Brooklyn. You might be able to find something quite nice in say, Carroll Gardens or Boerum Hill and you'd be closer to a lot of things in Manhattan than if you actually lived in Manhattan proper.
Also, keep in mind the broker fees... You can find no-fee listings and they save you a ton of money. That may free up some cash to help you get the apartment you are looking for.
2006-11-06 02:42:11 · answer #1 · answered by Ghost Rocket 3 · 1⤊ 0⤋
By looking for a place with 2 bathrooms, you basically aren't asking for a "regular Joe" kind of apartment anymore. More than one bathroom is pretty much a luxury thing at this point.
This info was from July 2005 and it's only gotten more expensive:
Average rent in Manhattan was about $3000/month last year.
Average sale price for a Manhattan apartment was $1.3 million, while the median was $775,000. Average of $970 per square foot.
"The Upper East Side is the most expensive part of the city to buy, where a square foot of property costs nearly $1,000. The Upper West Side follows at $940, while about $900 will buy a square foot in downtown Manhattan"
Average sale price of a studio apartment was $380,000
Average sale price for a 1 bedroom: $626,188
Average sale price for a 2 bedroom: $1.54 million
Average sale price for a 3 bedroom: over $3.55 million
Average sale price for 4+ bedroom: about $10.6 million.
Average sale price of a co-op apartment was over $1 million.
Average sale price of a condo was $1.57 million.
Average sale price of a loft was $1.7 million
http://www.bloomberg.com/apps/news?pid=10000103&sid=aqlwvc0UmMnw&refer=us
http://money.cnn.com/2005/07/01/real_estate/manhattan_market/
2006-11-05 23:57:55 · answer #2 · answered by Pico 7 · 0⤊ 0⤋
per month rent for a dumpy little apartment without rent control can be rather expensive close to 1800 an month. Large apts 1000 sqft can run in excess of 5 to 10k depending on location. You could rent a house in the out lying suburbs for less than 2000 an month and have a piece of property of around 1/4 acre or more. Try the listings for Westchester/Rockland, Nassau/Suffolk counties for rental info.
2006-11-05 23:19:09 · answer #3 · answered by Anonymous · 0⤊ 0⤋
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2016-12-14 20:29:42 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Ya man you didnt seem to do your homework here. I think you d be paying for the Upper West Side 2br, 2000sq.ft, not sure about 2 bathroom, so hang that up, around $4900/month. You can buy probably for the 965,000+.
Maybe you should stay in Kansas, man.
2006-11-07 02:48:45 · answer #5 · answered by sheepshanx 1 · 0⤊ 0⤋
A 1,000 sq. ft. 2-2 (if you can even find a 2 bath that size) is huge by Manhattan standards & will probably run more than $6,000 a month anywhere below 125th St.
2006-11-06 00:45:53 · answer #6 · answered by Anonymous · 0⤊ 0⤋
expect to pay $20-30 per square foot a month.
Try Craigs List for apartments, in addition to the news papers.
2006-11-05 22:19:27 · answer #7 · answered by ccfromnj 4 · 0⤊ 0⤋
You can also look at anchornyc.com there are a ton of apartments on their web site...however keep in mind that a 'flex 2br' means a 1 bedroom that can be converted... there are a few apartments 2br / 2ba on there for around 3,000 a month around 800sq ft....
2006-11-06 05:38:17 · answer #8 · answered by SillyQuestion 3 · 0⤊ 0⤋
Good luck. I know someone who pays $2200 a month for a studio the size of a large closet.
2006-11-06 05:33:40 · answer #9 · answered by zippythejessi 7 · 0⤊ 0⤋
Our apartment is in Manhattan. We have a two bedroom and it is $5760.00 per month
2006-11-06 00:37:45 · answer #10 · answered by Anonymous · 1⤊ 0⤋