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I'm interested in a neighborhood that has an easy commute to Manhattan. I'd be applying for software dev jobs with tech companies, which I assume are mostly in Midtown (or somewhere else in Manhattan).
Williamsburg came to mind b/c it's so famous and I read that the commute is pretty easy. How much would a studio or 1br be in Williamsburg? My price range is $900-$1100 though I could afford $1200 if necessary.
I would also want relative quiet, like back-facing apartments or apartments facing side streets. If there's a better neighborhood for this criteria (noise, commute) in Brooklyn or Queens I'd be interested in that as well.
You can get to mid town Manhattan from the Bronx in 30 mins and queens 45. Williamsburg, You are gonna be hard pressed to find a place in that range. From what I see, 1 Bedroom 1500+... and this is on craigslist.
Looking at Padmapper.com I see a lot of studios pop up for less than $1200. Is this misleading?
Yes, it's misleading. If you start clicking on the low-priced ones on Padmapper, you should start to understand.
This one is listed as a $1250 one bedroom, but when you click you see that it's a 3-bedroom and the cost of having one of those bedrooms in a share is $1250. North Williamsburg -- 1BR for Rent in 3BR Apt
Also, why do you think a studio shouldn't be $1500? In my own un-hip neighborhood in Queens, the studios are going for $1450. So I imagine in Williamsburg they would be $1800-$2200, if not more.
Must be Williamsburg, Virginia. These are NOT market rents for Williamsburg Brooklyn.
I'm telling you, that's exactly how much we are currently receiving from our tenants. We manage a building on Broadway, one on Division Avenue, and one on Powers Street.
I'm telling you, that's exactly how much we are currently receiving from our tenants. We manage a building on Broadway, one on Division Avenue, and one on Powers Street.
But that's completely useless for this thread. So what if your rent-stabilized tenants who have lived there 10-15 years are paying $1250? That doesn't mean it's market rent. I repeat, the figures you quoted are not market rent for that area.
The OP is asking about moving to the area as a new tenant looking for a new apartment. He is not interested in hearing how much long-term existing tenants are paying.
Yes, it's misleading. If you start clicking on the low-priced ones on Padmapper, you should start to understand.
This one is listed as a $1250 one bedroom, but when you click you see that it's a 3-bedroom and the cost of having one of those bedrooms in a share is $1250. North Williamsburg -- 1BR for Rent in 3BR Apt
Also, why do you think a studio shouldn't be $1500? In my own un-hip neighborhood in Queens, the studios are going for $1450. So I imagine in Williamsburg they would be $1800-$2200, if not more.
But that's completely useless for this thread. So what if your rent-stabilized tenants who have lived there 10-15 years are paying $1250? That doesn't mean it's market rent. I repeat, the figures you quoted are not market rent for that area.
The OP is asking about moving to the area as a new tenant looking for a new apartment. He is not interested in hearing how much long-term existing tenants are paying.
No, that is how much we are receiving from tenants who signed leases in the past year. I understand the point of the OP's question. Only one of our buildings is subject to stabilization, and we have only a handful of tenants left there who are still paying a significant amount less than the market rate.
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