126 East 35th Street, #1 (Compass)
Summer is starting to wind down, and with it the typical "rent season." A new report from Miller Samuel found that median rents throughout the city stayed relatively stable during the month of August, albeit holding steady around record highs recorded earlier this summer. The report also found that listing inventory throughout Manhattan, Brooklyn, and Queens dropped year-over-year. Appraiser Jonathan Miller interpreted that to mean that New Yorkers are choosing to renew their leases instead of looking for new places.
That's good news for people who already live here, but places newcomers in a bind. Fortunately, a recent study by RentCafe found that the New York metro area is the nation's top apartment builder with 33,000 new rentals expected to open this year. However, the study also cautioned that between rising construction costs and tightening of bank lending standards, supply growth across the country is expected to slow after this surge. In New York, the end of 421a cannot possibly help, either.
As we wait to see how this plays out, 411 rental listings throughout New York City experienced price reductions from September 6-12, 2023, while 358 listings saw price jumps. A selection of notable discounts may be seen below.
That's good news for people who already live here, but places newcomers in a bind. Fortunately, a recent study by RentCafe found that the New York metro area is the nation's top apartment builder with 33,000 new rentals expected to open this year. However, the study also cautioned that between rising construction costs and tightening of bank lending standards, supply growth across the country is expected to slow after this surge. In New York, the end of 421a cannot possibly help, either.
As we wait to see how this plays out, 411 rental listings throughout New York City experienced price reductions from September 6-12, 2023, while 358 listings saw price jumps. A selection of notable discounts may be seen below.
In this article:
Turtle Bay Towers, #20EF (Sotheby's International Realty)
From the Listing: No detail was spared in the renovation of this residence. Upon entering the home you are greeted by the open kitchen, dining and living layout complimented by the wall of windows with open northern city views. Hidden behind the dining room is a home office with a sliding door, as well as one of the home’s bathrooms. To the right of the living area lies a separate and substantial primary bedroom with a spa bath fully engulfed in Porcelanosa marble, a deep soaking tub, a separate standing rain shower and a double sink vanity. On the other side of the home lie the other two bedrooms, both enjoy high ceilings, oversized windows with open northern city views. Also available fully furnished. See floor plan and full details here.
76 West 86th Street, #5A (City Sites Real Estate Group)
From the Listing: This renovated prewar apartment is conveniently located on the Upper West Side. This gorgeous gem is bathed in sunlight featuring high ceilings and herringbone floors, plenty of closet space, formal dining room, as well as a pass through kitchen with stainless steel appliances and a dishwasher. There is a full-sized washer/dryer in unit, live-in super and also a doorman/elevator operator from 7 a.m. to midnight, seven days a week, and a package room for deliveries.
See floor plan and full details here.
472 Smith Street, #1 (Compass)
From the Listing: This bright and airy unit occupies the first floor of a three-family walkup. The first bedroom is extra large and can fit a king-sized bed, second bedroom can fit a double, or use as an office! Love to cook? The kitchen is well equipped with all new stainless steel appliances including over the range microwave, full size gas stove, double door fridge, and full size dishwasher. The apartment also features in-unit washer dryer, central AC, and hardwood floors throughout. See floor plan and full details here.
49 Clinton Street, #A (Bond New York Properties)
From the Listing: This renovated flexed 3-bedroom apartment offers a spacious and comfortable living environment, accompanied by a remarkable private outdoor area; the apartment has a 2-bedroom plus home office layout currently. The apartment boasts a generously sized living room, creating an inviting space for relaxation and entertainment. The open kitchen is equipped with sleek stainless steel appliances, including a convenient dishwasher, making cooking and cleaning a breeze. Each of the three bedrooms is furnished with a comfortable queen-size bed, ensuring a restful night’s sleep. See floor plan and full details here.
4300 Broadway, #1G (Bohemia Realty Group)
From the Listing: Check out this spacious 1-bedroom located in the heart of Hudson Heights. Featuring dishwasher, stainless steel appliances, hardwood flooring, and elevator in building! See floor plan and full details here.
19 West 12th Street, #TH (Compass)
From the Listing: 19 West 12th Street is an elegant red brick single family townhouse, originally build in 1845 in the late Greek Revival style. The house has been completely renovated to the highest standard, maintaining the traditional architectural details of the house while adding contemporary finishes and systems throughout. From the stoop level entrance, the parlor floor boasts a grand living and dining room with dramatic 12’9’ ceilings, two fireplaces, a wet bar, and windowed powder room. The oversized windows facing south onto West 12th Street let in an abundance of southern light, while the glass wall of windows and doors off the northern dining room open up to a serene private terrace overlooking the garden below. Downstairs, the garden level features an oversized chef’s kitchen and dining area in the rear, with floor-to-ceiling windows and doors leading out to the beautifully landscaped 41’ deep garden. See floor plan and full details here.
Riverwalk Place, #955 (Rose Associates)
From the Listing: 55 Riverwalk Place at Port Imperial is a dynamic urban community located at the edge of the Hudson River. Just steps from the NY Waterway Ferry Terminal and the NJ Transit Bus Stop, and all within reach of a feast of attractions, such as world-class restaurants and vibrant shopping venues. Beautiful tree-lined boulevards lead to a spectacular fountain and a magnificent backdrop of the Manhattan skyline! See floor plan and full details here.
The Willoughby, #27D (Rose Associates)
From the Listing: Making a definitive mark on the burgeoning Brooklyn skyline, The Willoughby sets a new standard of living offering studio – 2 bedroom rental residences in an ideal location that epitomizes both convenience and character. The building’s floor-to-ceiling glass windows give the structure its sleek and striking appearance while optimizing breathtaking views in every direction The Willoughby’s extensive amenity spaces have been curated to enhance the experience of the home. From intimate work-from-home spaces to a world-class fitness center, to the sweeping rooftop terrace on the 22nd floor, to a multitude of areas to entertain and socialize, The Willoughby integrates countless opportunities for work, play, and repose. One month free rent on a 12-month lease. See floor plan and full details here.
The Sands, #11D (The Corcoran Group)
From the Listing: With double exposures and drenched in natural light, this inviting apartment offers a warm ambiance. Inside, a spacious entry foyer with two large closets leads to a generous living and dining area, easily accommodating a large table. The king-sized bedroom features ample storage with two additional closets and captivating south and west exposures. The well-appointed kitchen features granite countertops, and offers ample pantry and cabinet space. See floor plan and full details here.
126 East 35th Street, #1 (Compass)
From the Listing: Designed and built by a high-end builder as his forever home, every detail has been meticulously thought out, from the custom millwork and stone slabs to the wide plank flooring and Waterworks fixtures. The kitchen is a dream come true, with Sub-Zero, Wolf, and Miele appliances and gorgeous Calcutta Borghini marble countertops, and the outdoor dining area is fully integrated for seamless indoor-outdoor living. But it’s not just the aesthetics that make this townhouse so special. It’s also the technology that has been seamlessly integrated into every aspect of the home. With a Crestron smart home system, you can control everything from the temperature and humidity to the window treatments and audiovisual equipment with just a few taps on your phone. See floor plan and full details here.
475 Clermont Avenue, #0618 (Rose Associates)
From the Listing: Spacious studio with flexible layout that includes bonus foyer space. This incredibly livable apartment has extra space for a separate sleeping area, or home office space, etc. Apartment also features an in-unit washer/dryer, multiple closets, wood floors throughout, and a distinctive open gourmet kitchen with blue-grey lacquered cabinets, stainless steel appliances, and Caesarstone countertops. See floor plan and full details here.
321 West 89th Street, #4 (R New York)
From the Listing: Amazing, unbeatable location just half a block to Riverside Park, a charming pre-war home with every square inch completely renovated with beautiful solid wood doors, wide wood plank floors, beautiful gleaming new granite countertops, hardwood cabinets, brand new appliances, brand-new bathroom with crown molding throughout the home as well as a Deco fireplace and chandeliers with ceiling to floor windows for your gorgeous southern exposure sunshine to come streaming into this perfect apartment in the most sought after part of the Upper West Side! See floor plan and full details here.
325 West 52nd Street, #PHE (Time Equities Brokerage LLC)
From the Listing: Situated on 1,796 square feet of dazzling space, this residence offers two bedrooms with ensuite bathrooms, and a marble powder room. The primary bathroom offers a magnificent marble jacuzzi tub. The high ceilings adorned with immaculate recessed lighting throughout display captivating gaudiness. The crown moldings exceptionally coexist with each ceiling corner indicating meticulous design and artistic thought. As you enter the living room and dining area, you are welcomed by a surplus amount of livable space plus additional room for entertaining guests. Make your way upstairs to the roof deck and find yourself enveloped by a cozy study with wet bar and small refrigerator leading to a 450-square-foot roof deck. See floor plan and full details here.
Rutherford Place, #317 (Douglas Elliman)
From the Listing: No two apartments at this nine-story, neo-classical and Italian Renaissance style building are alike. The spacious apartments at Rutherford Place showcase 19th century design through their high ceilings, hardwood floors and large windows. High-end contemporary finishes and fixtures are seen in the bathrooms that are adorned with white Italian porcelain tiles in a modern stacked-bond design. The kitchens are extremely well-equipped as well: top-of-the-line appliances by Bosch, Viking and Sub-Zero are featured alongside Poggenpohl European cherry cabinetry and Jet Mist granite countertops. See floor plan and full details here.
Lion's Head, #PHD (Compass)
From the Listing: The corner apartment features 2,650 square feet of interior living space, 3 bedrooms, 3 large bathrooms, and 2 terraces. Soaring 15-foot ceilings and 15-foot wide windows flood the apartment with natural light, and the pristine southern views offer a breathtaking backdrop to your everyday life. The entry level features 2 bedrooms, generous closets and 2 large baths. A full sized staircase goes to the upstairs level, with the third bedroom and bathroom adjoining your own private terrace. An additional staircase leads to the private rooftop terrace where you are surrounded by the iconic buildings of Chelsea and Downtown Manhattan. The kitchen is a chef’s dream, with Emeril-style appliances, Poggenpohl cabinets, Viking appliances, and wine cellar. Available fully furnished! See floor plan and full details here.
173 Classon Avenue, #1R (Compass)
From the Listing: Featuring high ceilings, the unit is located only one stoop level up in this newly renovated building. The bedrooms are nicely laid out on opposite ends. This apartment offers everything you need for a hassle-free New York City lifestyle. Upon entering, you see a gorgeous open kitchen with tons of cabinets/storage and full-size stainless appliances: stove, dishwasher, fridge, & microwave. Good amount of counter space along with a breakfast bar. See floor plan and full details here.
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