Manhattan Rental Market Report for June 2011

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Real Estate Agent with Specializing in all types of Manhattan apts & townhouses

Manhattan Rental Market Report for June 2011

May & June's overall vacancy rate has remained unchanged --.69%, but market prices have inched up in terms of average price.

Keep in mind, these prices are on the low end.  I wonder why I sometimes live in this city paying crazy prices like this!  But I love it!

Here's a quick rundown on the "hot" areas:

Chelsea:  Studio $2399; $3350 for a 1 bedroom; $5006 for 2 bedroom; $6165 for a 3 bedroom

East Village: Studio $2004; $2591 for a 1 bedroom; $3365 for 2 bedroom; $4616 for a 3 bedroom

West Village: Studio $2360; $3463 for a 1 bedroom; $4409 for 2 bedroom; $6110 for a 3 bedroom

Soho/ Tribeca: Studio $2417; $3413 for a 1 bedroom; $5832 for 2 bedroom; $8400 for a 3 bedroom

We specialize in Manhattan apts, rentals & sales:
Soho LoftsTribeca Condos - Greenwich Village Apartments - Upper East Side Apts-Upper West Side Apartments Battery Park City Apartments -Chelsea ApartmentsGramercy Apts - Midtown East NYC - Midtown West NYC - Murray Hill in NYC - Lower East Side NYC - East Village Apts

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"I appreciate your referrals! It is said to be the highest form of a compliment!"

Jennifer A. Chiongbian
SVP/ Licensed Associate Broker
Sales, Rentals & Investment Properties
Member, Real Estate Board of NY
www.buyandsellmanhattan.com

Rutenberg Realty NYC
127 E 56th St.
New York, NY 10022

Mobile: 917-250-2284
Efax: 917-534-6295
Office: 212-688-1000 x 189
Toll Free: 877-666-4751

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