The answer is, "A lot!" It all depends on the location, the amenities, and the condition of the building. Amenities may include doorman, laundry, elevator, dishwasher, luxury style, gym, and dry cleaning in the building. Neighborhood preferences change, and what's hot today in NYC may be out of vogue tomorrow. Keep in mind that when many people think of NYC, they immediately think of Manhattan (even though this is only part of the place.) So, the breakdown for Manhattan goes something like this: the most affordable areas in Manhattan are the Upper East Side, Midtown West, Hells Kitchen, Lower East Side and the Financial District. Anything in the East or West Village, Union Square, or Chelsea area will be significantly more expensive. I can't be specific on what area is charging what because it also depends on the management company/owner. I worked as a real estate broker during 2006, and these were the average prices:
One bedrooms- $2200-3500
Convertible 2 bedroom (one bedroom with a wall division)- $2600-4000
Convertible 3 bedroom (two bedroom with a wall division)- $3500-6000
REAL (no conversion necessary) Two bedrooms- $3700-5000
REAL (no conversion necessary) Three bedrooms -$ 3800- 7500
Please note that the lower end of the price for each type of apartment could mean that it's not in as trendy of a location, it has less amenities, no doorman, no laundry, is not close to a subway, etc. The higher the end of price range for each apartment could mean a trendier location, more amenities, a doorman, laundry, it's close to a subway, has an elevator etc. If you want to know what a specific apartment would cost with specific amenities please submit your question ABOVE, and I will respond within 24 hours on this page.
DOM PASCUAL, J.D., ESQ.
ASSOCIATE REAL ESTATE BROKER
"Your Experts in NYC Luxury Apartments & Lofts"
304 Park Avenue South
New York, NY 10010
Cell: (631) 741-2764
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** All information contained herein does not constitute any warranties, offer or commitment or obligation of any sort and/or kind whatsoever and is subject to change, error, omission and/or withdrawal without prior notice. **