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A blog from CityRealty (Links below will take you to the 6sqft site)

Rental Building News and Offers

Indoor swimming pool at HUB in Downtown Brooklyn Indoor swimming pool at HUB in Downtown Brooklyn
As of this writing, CityRealty rental listings show 21,712 availabilities throughout Manhattan, northern Brooklyn, and Long Island City. The average listed monthly rent is $4,812, slightly up from $4,402 in mid-August. Though Manhattan rents increased 10% over the last month, they are down 24% since the start of the pandemic lockdown in March and inventory is up a pearl-clutching 192%. While the number of listings on the market has stabilized in recent weeks, a growing inventory of more expensive apartments sitting on the market has pushed overall neighborhood prices up though individual apartment prices are still inching downward.

The biggest pricing gains month over month were from the city's most expensive neighborhoods, which happened to take the biggest hit during the onset of the pandemic. Fifth Avenue's Gold Coast led the way with a 55% increase in asking rents. The $16,180/month average rent is still 43% less than the neighborhood's $28,317/mo average in March. Other upscale neighborhoods that led the pricing recovery include Carnegie Hill, Tribeca, Central Park West, and NoLita signaling confidence from building managers as high-end renters return from their hideaways.

Below is a monthly look at average rental prices throughout Manhattan and northern Brooklyn. The following charts show average neighborhood prices. Moreover, as indoor pools have been given the green light to reopen starting on September 30, we take a look at the top rental buildings offering this highly coveted amenity, typically reserved for the toniest condo buildings.

If you're ready to start your own rental search, click here. Additionally, landlords and owners are invited to submit their own rental listings.



Tribeca Park
400 Chambers Street

Up to 3 months free rent

Studios from $2,857/month
1 Beds from $3,521/month
2 Beds from $5,662/month

400-Chambers-Street-01 All images of Tribeca Park via Related Rentals
400-Chambers-Street-02
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American Copper Buildings
626 First Avenue

Rents net effective

Studios from $2,895/month
1 Beds from $3,626/month
2 Beds from $5,354/month
3 Beds from $8,004/month

626-First-Avenue-01 All images of American Copper Buildings via Bold New York
626-First-Avenue-02
626-First-Avenue-03

HOUSE39
225 East 39th Street

Rents net effective

Studios from $2,742/month
1 Beds from $3,707/month
2 Beds from $6,085/month

225-East-39th-Street-01 All images of HOUSE39 via Rose Associates
225-East-39th-Street-02
225-East-39th-Street-03

MiMa
450 West 42nd Street

Up to 3 months free rent

Studios from $2,812/month
1 Beds from $3,075/month
2 Beds from $4,972/month

450-West-42nd-Street-01 All images of MiMA via Related Rentals
450-West-42nd-Street-02
450-West-42nd-Street-03

ARO
242 West 53rd Street

Rents net effective

Studios from $2,516/month
1 Beds from $3,450/month
2 Beds from $5,207/month
3 Beds from $8,464/month

242-West-53rd-Street-01 All images of ARO via Algin Managemnet
242-West-53rd-Street-02
242-West-53rd-Street-03

The Encore
175 West 60th Street

Rents net effective

Studios from $2,846/month
1 Beds from $4,817/month
2 Beds from $7,579/month

175-West-60th-Street-01 All images of The Encore via Glenwood Management
175-West-60th-Street-02
175-West-60th-Street-03

The Encore
175 West 60th Street

3-4 months free rent on a 12-month lease

Studios from $3,500/month
1 Beds from $4,119/month
2 Beds from $7,338/month
3 Beds from $10,296/month
4 Beds from $20,775/month

645-West-59th-Street-01 All images of Waterline Square Luxury Rentals via GID Development Group
645-West-59th-Street-02
645-West-59th-Street-03

21 West End Avenue

2 months free rent

Studios from $2,454/month
1 Beds from $3,278/month
2 Beds from $5,100/month
3 Beds from $7,000/month

21-West-End-Avenue-01 All images of 21 West End Avenue via Dermot
21-West-End-Avenue-02
21-West-End-Avenue-03

The Strathmore
400 East 84th Street


1 Beds from $4,350/month
2 Beds from $6,795/month
3 Beds from $10,995/month
4 Beds from $15,995/month

400-East-84th-Street-01 All images of The Strathmore via Related Rentals
400-East-84th-Street-02
400-East-84th-Street-03


PLG
123 Linden Boulevard

Rents net effective

Studios from $2,092/month
1 Beds from $2,458/month

123-Linden-Boulevard-01 All images of PLG via The Moinian Group
123-Linden-Boulevard-02
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Hub
333 Schermerhorn Street

2 months free rent

Studios from $2,565/month
1 Beds from $3,708/month
2 Beds from $4.533/month

333-Schermerhorn-Street-01 All images of Hub via Steiner Studios
333-Schermerhorn-Street-02
333-Schermerhorn-Street-03

Long Island City

22-22 Jackson Avenue


Studios from $2,492/month
1 Beds from $2,928/month

22-22-Jackson-Avenue-01 All images of 22-22 Jackson Avenue via Triumph Property Group
22-22-Jackson-Avenue-02
22-22-Jackson-Avenue-03

Jackson Park
28-16 Jackson Avenue

Rents net effective

Studios from $2,266/month
1 Beds from $2,765/month
2 Beds from $3,720/month
3 Beds from $4,661/month
4 Beds from $6,420/month

28-40-Jackson-Avenue-01 All images of Jackson Park via Tishman Speyer Properties
28-40-Jackson-Avenue-02
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Additional Info About the Building

 
Luxury Homes in Midtown | Newly Renovated Studio-2BR Homes View Property
Spacious 1 Bedrooms with outdoor space and in-residence w/d View Property
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