nyc housing question

[sthief09]

im taking a class in industrial budgeting and have to make a profit plan for myself. how much does a studio apartment in manhattan cost? figure some place like murray hill. also, what areas are similar in price to murray hill? id be splitting the studio so id probably want it to be biggish

[tonypaladino]

Anywhere from $1000-1500

[whiskeytown]

that's it for a studio? - obviously that's high, but I expected it to probably be more...inneresting...

RB

[tonypaladino]

Eh, I know someone on E28th, which I guess is Murray Hill, that pays $1200 for a studio

Edit:
These are small studios BTW

[whiskeytown]

when I did studio living I did the Futon -

in retrospect, I should have done what I did in the dorm room and built a loft -

RB

[ohnonotthat]

If you wish to pay more you'll have absolutely no trouble finding an agent who will show you one that costs more - but 1,200 gets you a totally acceptable place and 1,500 gets you a really nice one.

Remember, Dorothy - you ain't in Kansas anymore.

Heat is free in virtually all apts. but elec isn't - and our elec ain't cheap.

Don't forget to account for a cable bill of ~ 100/month for TV and internet.

Also remember the $4.50 (or higher) gallon of milk from the corner market when you run out. The nearest supermarket might be a mile away.

It's a very expensive place to live; rent is high but not insanely high in terms of % of income.

But it's not all bad; NYC has some of the finest $12 cheeseburgers you'll ever eat.

[sfer]

[ QUOTE ]
Also remember the $4.50 (or higher) gallon of milk from the corner market when you run out. The nearest supermarket might be a mile away.

[/ QUOTE ]

I seriously doubt that the longest distance between two supermarkets in Manhattan is one mile.

[sthief09]

[ QUOTE ]
Anywhere from $1000-1500

[/ QUOTE ]


per person or for the whole thing? would $1500/mo be enough for 2 people to live in sharing one bed? most people pay around ~$1200/mo/person out of college right?

[tonypaladino]

whole thing.

[ohnonotthat]

My quote (~ 1,200) was for the whole thing; rents are very seldom quoted per person.

As to most people paying 1,200 per person right out of school ? ? ?

None that I know of.

NYC has a salary structure that sounds insane to anyone who doesn't and never has lived there (secretaries that DON'T put out often make 45k+) but . . . 18k/year for rent ?

(The 45k is gross take home; a single person wd be lucky to clear 65% of that after NYS tax, NYC tax, etc. which would mean half their take home was going to the landlord)

If that is what newbies are paying I'm even happier I left. [img]/images/graemlins/grin.gif[/img]