Less than a week before New York City capacity restrictions are set to lift, the Center for Disease Control declared that people who have been fully vaccinated do not need to wear masks in many settings. Between these freedoms and the return to a more typical city life, living in New York may sound more appealing to some. Indeed, April 2021 saw record residential lease signings in Manhattan, Brooklyn, and parts of Queens.
Month over month, Manhattan rental inventory decreased 10% to 8,743 listings and rents climbed 3% to a median of $3,195 (all figures per CityRealty listings). All markets of Manhattan experienced increases in rents with Midtown leading the way with a 4% increase in rents. Midtown saw some of the bigger decreases in rent prices as offices, theaters, and businesses closed during the pandemic so it makes sense that now with reopening dates set, their rents are climbing the fastest.
A full, sortable list of median rents for May 2021 may be found below. In addition to listings in rentals, these figures reflect the prices of condos and co-ops for rent. With median prices of over $7,000/month, Tribeca and the Upper East Side's Gold Coast have Manhattan's highest asking prices. DUMBO and Brooklyn Heights have the highest median rents in Brooklyn.
Month over month, Manhattan rental inventory decreased 10% to 8,743 listings and rents climbed 3% to a median of $3,195 (all figures per CityRealty listings). All markets of Manhattan experienced increases in rents with Midtown leading the way with a 4% increase in rents. Midtown saw some of the bigger decreases in rent prices as offices, theaters, and businesses closed during the pandemic so it makes sense that now with reopening dates set, their rents are climbing the fastest.
A full, sortable list of median rents for May 2021 may be found below. In addition to listings in rentals, these figures reflect the prices of condos and co-ops for rent. With median prices of over $7,000/month, Tribeca and the Upper East Side's Gold Coast have Manhattan's highest asking prices. DUMBO and Brooklyn Heights have the highest median rents in Brooklyn.
In this article:
All images of 50 United Nations Plaza via Compass
From the Listing: Available furnished or unfurnished. Presenting a magnificent 2 Bedroom, 2 Bathroom in this newly unveiled exclusive building of only 88 units. This condo features Foster & Partners-designed deep bay windows, with an entrance foyer leading to northern and western views from the living room and to the open windowed kitchen and second bedroom. Ceiling height is 9'7" with select-cut solid white oak hardwood flooring and Dornbracht fittings & accessories. The kitchen is outfitted in Poliform white lacquer cabinetry and honed absolute black granite countertops.
See floor plan and full details here.
All images of Waterbridge 47 via Compass
From the Listing: Townhouse A is a magnificent corner duplex residence and boasts close to 1,200 square feet, offers exceptional light and pristine finishes. The upper level features a proper entry foyer guiding you into a spacious living area with open kitchen and a wall of windows, a primary bedroom, and full bath. The open kitchen is appointed with polished, white Carerra marble countertops, custom white glass and lacquer cabinets, striking herringbone mosaic backsplashes, Bosch Benchmark Series stainless steel appliances, and a Kohler stainless steel sink with Grohe pull out faucet. Additional highlights include 10' ceilings, custom drapery and shades on all windows, southeast exposures, high tech Blomberg washer/dryer, zoned central air/heat and hardwood flooring throughout. Parking is available at an additional cost and pets are welcome!
See floor plan and full details here.
All images of 238 East 74th Street via Compass
From the Listing: Private two-bedroom home with a huge roof terrace situated on the top two floors of a stunning townhouse. When you enter this beautiful apartment you will feel a true sense of space from the large open living room with high ceilings, a wood-burning fireplace, and magnificent floor-to-ceiling, solarium-like windows. Enjoy the south-facing verdant views of the neighboring gardens and the beautiful blue skies. Upstairs you will find a lofted second bedroom open to the living room below. Sliding glass doors access the large south-facing roof terrace. See floor plan and full details here.
All images of 870 United Nations Plaza via Sotheby's International Realty
From the Listing: Apartment 15DE is a spacious 3-bedroom, 4-bath sprawling cooperative apartment with a recently completed thoughtful and contemporary full renovation. The apartment is available immediately and is move-in ready, offered furnished or un-furnished. Dramatic wall-to-wall windows throughout offer spectacular open corner views up and down the East River with additional scenes of the dramatic New York City skyline. A gracious entry foyer leads to the dramatic Great Room with full East River views. The open, double-size chef's kitchen features a full host of modern luxury appliances and a wide marble island equipped with storage and bar seating and discreetly clad in English Oak custom cabinetry. See floor plan and full details here.
All images of 45 Park Avenue via Compass
From the Listing: Floor-to-ceiling windows illuminate a wide-open layout, with unobstructed views of the Empire State Building and the Chrysler Building, poised above and overlooking Park Avenue. The entertaining room allows for multiple seating areas and a dining table, and the living room offers gracious possibilities. Just adjacent, the U-shaped gourmet chef's kitchen provides extensive granite counter space, custom cabinetry, Viking Professional stainless-steel range with vented hood, and Sub-Zero refrigerator. Beautiful Exotic Iroko Wood floors extend throughout the Park Avenue apartment.
The home is completed by a vented washer/dryer.
See floor plan and full details here.
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All images of Century Towers via Compass
From the Listing: Welcome to this fully furnished luxurious 1-bedroom and 1.5-bath in the heart of Greenwich Village in the famed Century Towers. This fully equipped designer decorated home is renovated to perfection with open Eastern exposures, wide plank floors and custom millwork throughout. The residence is fully equipped with electricity, hot water, heat, wall-mounted air conditioners (control your own temperature year-round), hi-speed Verizon Fios internet, basic FiOS cable TV, 55" Samsung TV, luxury linens including towels and designer sheets. The European windowed kitchen features Caesarstone countertops, subway tile backsplash with top-of-the-line appliances and custom-built pantry storage. See floor plan and full details here.
All images of Trump World Tower via Compass
From the Listing:
With spectacular city and East River views, this glamorous apartment is flooded with daytime sun and sparkling evening lights of the city. This two-bedroom offers three full bathrooms with 10' floor-to-ceiling windows. The floor plan maximizes privacy having the bedrooms on separate wings of the apartment. The primary suite is oversized with a large walk-in closet and a marble bathroom with a shower, soaking tub and double sinks. The residence has a huge eat-in windowed kitchen with GE Monogram appliances including a washer/dryer.
See floor plan and full details here.
All images of One York Street via Compass
From the Listing: The bright, sunny, north and east-facing, contemporary apartment has three generous sized en-suite bedrooms, three full bathrooms, and a powder room. The open kitchen/living/dining room with an expansive wall of windows and a spacious terrace is ideal for entertaining. The 2,008-square-footresidence has oversized windows, high ceilings, Mafi Austrian wide-plank natural white oak wood flooring throughout, state of the art audio and visual systems, energy efficient heating and air-conditioning systems, and Bosch Axxis washer-dryer. The chef's kitchen has Valcucine Vitrum full glass cabinetry and premium Miele and Sub-Zero appliances. See floor plan and full details here.
All images of 35 Walker Street via Compass
From the Listing: This brand new, full-floor Tribeca loft offers 2 bedrooms, 2 bathrooms, a keyed elevator, and a private patio on Walker Street. Ideal for entertaining, the home is filled with northern light through three huge floor to ceiling, double-glazed windows. The open kitchen offers marble counters, a Miele refrigerator and dishwasher, Bosch microwave, a Bertazzoni hooded range, waterfall breakfast bar. The separate dining area connects you to a 250-square-foot private terrace. The home is fully wired for sound and features Amerlux recessed lighting with Lutron dimmers throughout. See floor plan and full details here.
All images of Aire via Rose Associates
From the Listing: Situated in the highly sought-after neighborhood surrounding Lincoln Center, AIRE offers breathtaking vistas of the city skyline, Central Park and the Hudson River. Apartment features include mahogany hardwood floors, gourmet kitchens with sculpted wood cabinetry, quartz counter tops and stainless steel appliance suite and luxurious baths with Dornbracht fixtures. See floor plan and full details here.
All images of Sky House via Compass
From the Listing: After an amazing gut renovation,18C is now available for rent. Kitchen, bathrooms, and hardwood have all been renovated. There are spectacular northern views of the Chrysler Building and Empire State Building. The open kitchen features top of the line appliances, quartz countertops, a breakfast bar, and beautiful mahogany cabinets and shelves. The open living room and dining room are great for entertaining. Both bedrooms are very spacious with plenty of closet space. This unit has Nest Central Air, a washer/dryer, and custom blinds and shades. 18C is offered fully furnished. See floor plan and full details here.
All images of 1 QPS Tower via OMG Marketing
From the Listing: Corner two bedroom with two full baths, the residence features condo-level finishes, W/D in unit, and charming northeastern views. Main bedroom offers spacious walk in closet and en suite bath.
Stonehenge Access - Agent guided, self-guided , virtual tours available. See floor plan and full details here.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
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