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I know people that live in Manhatten studios that big for less, so there must be something else to your location, benefit wise?
by bretthoerner 14y ago
I know people that live in Manhatten studios that big for less, so there must be something else to your location, benefit wise?
- rayiner 14y agoIt's a new building right on the Metro North line (which takes you straight into Midtown). But the surrounding neighborhood is otherwise like Harlem (and not the newly gentrified parts of Harlem). I think average studio in Manhattan is over $2,500, and that includes Harlem, etc, which drags down the average. The above chart seems to top out at $3,250 for financial district. In comparison, the average 1BR in TriBeCa is pushing $5,000.
- ochoseis 14y agoI'm pretty sure you can find cheaper. Last year I lived right across from the 91st St Y in a similar sized 1BR for $1600/mo. Check out streateasy.
- potatolicious 14y agoHarlem studios are nowhere near $2500 - $2500 is at at the upper bound of studio prices in Manhattan, outside of anomalous neighborhoods like TriBeCa. You can easily get into the $2K range in Chelsea, a bit less on the Upper East Side, and in the high $1Ks in the Village. Harlem is gentrifying, but the last prices I've seen there aren't anywhere close to $2500. Manhattan housing prices are more or less stabilized as all of the manic demand has moved to Brooklyn. DUMBO, Williamsburg, Park Slope, are now giving even the most expensive parts of Manhattan a run for their money.