The pandemic has changed a lot about everyday life, and about NYC real estate in particular. Tenants, especially in Manhattan, now have more choices and lower prices than we have seen in years. And many New Yorkers now need something they never needed before: a home office. Get into the cheap Manhattan 2BR! This concept may have been ridiculous in the past, but our Rental of the Week is Kips Bay 2BR this proves that these unicorns exist – and they are beautiful to start with.
Address: 228 E. 27a Skt. # 5A
Price: $ 2,000
Neighborhood: Kips Bay
Best feature: A 2-bedroom apartment in downtown Manhattan for this price is quite rare. But one with a dishwasher and in-unit laundry as well? That is magic. Profession-looking appliances and appliances give the kitchen a polished high-end look, while crown molding and exposed brick add charm.
The bedrooms are shared for privacy if you want to share with a roommate. But honestly, at $ 2K a month, this Kips Bay 2BR is a unique opportunity to have a bedroom plus a real separate home office. All for the price of a studio in many other neighborhoods!
Why it is a deal: Kips Bay is a Midtown East supermarket, where the average asking rent is $ 2,912 StreetEasy data panel. That puts our Rent of the Week over $ 900 a month below average for the area. It’s an even better deal if you consider that the average demand for rent for 2-bedroom apartments in the area, specifically, is a whopping $ 3,500.
Greater disadvantage: This building is on a beautiful, wooded block, and it is close to a ton of excellent restaurants. (Especially if you’re a fan of Indian food, plentiful in nearby “Curry Hill”.) But there is no elevator: This unit is a five-story walkway. Plus, it’s certainly not huge, and both bedrooms feel a bit tight.