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Old 11-01-2009, 03:43 PM
 
486 posts, read 891,360 times
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obviously at our income level in NYC we'll need to watch our budget, so which would be the best neighborhoods for us with no cars and easy access to Manhattan? My wife will be working in midtown, and we like to go out some on the weekends. I've read good things about Riverdale, but any neighborhood suggestions in Queens or other boroughs?
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Old 11-01-2009, 06:23 PM
 
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Forest Hills is a quick commute on the express train to midtown. Honestly it depends on spending habits. You could live in Park Slope with that income and have some savings left over, or you could live in Astoria and go negative. It's all up to you.
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Old 11-02-2009, 01:28 PM
 
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You will be priced out of the fore mentioned areas with a combined income of 100k. I suggest you look into the following:
Bronx-Pelham Parkway, Parkchester
Queens-Kew Gardens, Middle Village
Manhattan-Harlem, Washington Heights (you may still be priced out)
Brooklyn-??? (I'm not that familiar but Park Slope is 1 of the premier areas)
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Old 11-02-2009, 02:50 PM
 
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Your best bet is Riverdale . You get the best of both worlds(Manhattan & Yonkers) and all transportation are a stroll away. Any questions or need some advise Mod cut: NOT a good idea for postingI live here and its fanastitic!!

Last edited by Viralmd; 11-02-2009 at 02:52 PM.. Reason: It is NOT a good idea to put your Email into posts.
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Old 11-02-2009, 04:37 PM
 
11,672 posts, read 21,236,098 times
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It depends on how much space you need, but you should be able to find a walk-up 1 bedroom in Manhattan (check Upper East and Upper West Sides below 96th Street, Chelsea west of 8th Ave, or Hell's Kitchen/ Clinton) for around $2000-2250 per month. That way you can actually enjoy living in NYC and have an easy commute to work, maybe even walkable depending on where in Midtown the office is.

Your after tax income should be approx $5,500 per month. Subtract $2200 for rent and $300 for cable & electric bills and that leaves you with $3,000. Save $1,000, Spend $1,000 on food, entertainment and daily expenses like dry cleaning, and use the remaining $1,000 for gifts, clothing, travel, giving, or additional savings.

You won't be living like investment bankers in the early 2000s, but a couple can have a great life in Manhattan and take advantage of the arts, the parks, the great food & shopping on your income. It's only when you add kids to the mix that you'd need another $25k per kid per year to cover school/ nanny/ kid expenses.

Don't let the board scare you into thinking you're priced out of every neighborhood but the Bronx.
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Old 11-02-2009, 04:42 PM
 
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If you use an online paycheck calculator it comes to about $5200/month after taxes. I don't think that the recommendation for Chelsea is all that realistic - it's an expensive area, and not to everyone's liking.
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Old 11-02-2009, 04:57 PM
 
11,672 posts, read 21,236,098 times
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I have friends in the west 20s between 8/9 who pay in the low $2k's for a great 1 BR apt in a brownstone. It is on the back of the building, but excellent location if you like the area.

But agree- prob the most difficult of the four neighborhoods I named for $2-2.2k in rent. It's definitely doable on the UES and UWS.
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