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Old 05-17-2015, 02:57 AM
 
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I'm a recent college graduate currently living in Miami but I've accepted a job with the NYC budget office making around 40k a year. The office is in Tribeca so I know I have almost no shot of find anything close to work but I was wondering if you guys could give some suggestions on an area to look into for someone with my income. I stayed with roommates all of college so I don't wanna do the sublet thing. I've visited New York two times and really liked Harlem and have a friend in the Bronx but the commute to my job would be almost an hour. Any places like that closer to Tribeca?
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Old 05-17-2015, 05:48 AM
 
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What is your monthly budget for rent?
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Old 05-17-2015, 08:20 AM
 
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Let's assume you can afford $1,000 for monthly rent, which goes with the 40x rule LL's like to require. Unfortunately, there isn't much out there for $1000 to suggest that would be a good commute for you.

Maybe you could increase your rent budget with the help of a guarantor? Either that or make the compromise which you don't want to make, which is living with roommates. Everyone in NYC (except the rich) makes some sort of compromise they don't want to make when it comes to housing.
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Old 05-17-2015, 09:46 AM
 
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Yeah, until recently, my salary was about that. And I had a $1000 apartment in Midwood, Brooklyn (now has gone up to $1100). (Nice safe neighborhood, a good 40 minute subway ride from Manhattan, but...maybe that would be doable for you).

You may be able to find an apartment in my neighborhood, Midwood for about $1000. Possibly also in neighborhoods like Gravesend, Bensonhurst in Brooklyn. For sure I would think a basement apartment might go for that. Possibly a studio in a less popular neighborhood if you are lucky.

For sure you can find a roommate situation for $1000 a room in many neighborhoods in the city.

Best of luck!
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Old 05-17-2015, 09:52 AM
 
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Without roommates your commute will be an hour whether in the Bronx, Queens or Brooklyn. Not sure what prices go for in Jersey City these days, but maybe check there? Perhaps a ferry ride from Staten Island?
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Old 05-17-2015, 09:58 AM
 
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Staten Island isn't a bad idea, as the ferry goes to lower Manhattan. And prices are lower in Staten Island.

That's if somewhat really wants to live in Staten Island...
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Old 05-17-2015, 10:35 AM
 
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Newark. 20 minutes on the train from Penn Station.
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Old 05-17-2015, 11:01 AM
 
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So what I'm understand is with my income and with no roomate I'll have to commute at least 40 minutes or so, which I honestly think is worth it for the privacy. Not really looking to live in Jersey or Staten Island so I guess I'll start looking in the Bronx and Brooklyn. Any suggestions on neighborhoods there? I've never been to Brooklyn and I've only been to Pelham Parkway in the Bronx. Also would I be eligible for affordable NYC housing? I know some of the buildings can be ghetto but I was looking at Normandie Court and it didn't look that bad and its in a nice neighborhood.
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Old 05-17-2015, 11:13 AM
 
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You could try Bay Ridge, but I have a feeling studios will be more like $1200 to $1300 vs. $1000. Midwood, as suggested, could be a possibility too and rents will be similar to Bay Ridge (I think). I personally prefer the vibe and amenities in Bay Ridge.

The reason I answered the way I did above in another post is that I don't think there are very many places that have good commutes to Manhattan and are decent neighborhoods that have studios going for $1000 anymore. There is a value in a good commute (area near subway) so prices have crept up.

In my neighborhood of Jackson Heights, Queens (probably 45 minutes to one hour to Tribeca depending on location of apartment), the rents on studios I'm seeing lately are $1400 and $1500 where as little as 3-4 years ago they were more like $1100 for a studio. Even though Jackson Heights is not a hip neighborhood, some people like it because it has good transit (5 train lines), big apartments, and decent (though not upscale) amenities.

One caveat: I have not done a recent apartment search and the prices, etc. are what I've gathered from reading threads on here and looking at real estate listings online every so often.
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Old 05-17-2015, 11:26 AM
 
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I honestly think that if you are looking for a 1-bedroom apt (not a studio), your best bet will be in the Bronx. You won't find a 1-bedroom for $1000 anywhere in Manhattan.
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