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December 21, 2007
How much would you charge?
...for a ~700sf alcove one-bedroom on Warren Street between 4th & 5th Aves? It's a floorthrough with original hardwood floors and a few nice details but nothing fancy. Big kitchen (though certainly not a chef's kitchen) and large bathroom. I have 2 rental of these rental units and no time to attend open houses to gauge the market. I'm thinking they're fairly valued at around $1,750. Comments?
Comments
2k
Posted by: guest at December 21, 2007 3:42 PM
I would not pay $1,750 for a 1 bedroom on Warren Street between 4th and 5th, but I'm a native Brooklynite. I'm sure you'll get a new arrival to pay that much for it. It's really outrageous how much rents are going for in this City.
Posted by: guest at December 21, 2007 6:01 PM
That is spot on for a large studio in this area.
I just left my 650 sf 1 bedroom rental on president btw 3rd & 4th and was paying $1,400. Yours is a beter location and closer to the trains at Atantic. I would have probably checked out your place if it was a little earlier.
Posted by: guest at December 21, 2007 7:05 PM
Yes, it's "outrageous how much rents are going for in this City". It's outrageous what real estate costs too!
Posted by: Rick at December 21, 2007 7:18 PM
Advertise on craigslist and wait and see how many responses you'll get.
It is not necessary to respond to the emails.
It is just a test to see how much people will pay to rent the place.
Posted by: Ysabelle at December 21, 2007 8:30 PM
Charge as much as possible !! We need to go from Crooklyn to Brooklyn again like the good ole days .Know what i mean ???
Posted by: guest at December 22, 2007 2:26 AM
$5500 for a 1-BR sounds about right.
Posted by: guest at December 23, 2007 11:52 AM
ysabelle,
that's a very rude and selfish suggestion.
plus, if potential renters are paying attention, the owner could really mess things up by "crying wolf".
Posted by: guest at December 23, 2007 1:39 PM
to 1:39 PM
That's how you test the water's by placing ad's on the internet .It's not rude , it's called doing homework
Posted by: guest at December 23, 2007 10:36 PM
To:1:39PM
What's rude? It is practical.
Remember the internet is not a person.
Are you afraid to hurt the feelings of a computer?
People on craigslist reply to everything just like the people on this website.
This has nothing to do with crying wolf.
A test is just that.
Computers never surprise me but people do.
Posted by: Ysabelle at December 23, 2007 11:20 PM
compared to what I have seen in other places it doesnt seem high but I wish landlords would stop being such money grubbin shitheads.
Posted by: guest at December 25, 2007 12:31 PM
"" I wish landlords would stop being such money grubbin shitheads.""
Then buy your own place . Until then pay up
Posted by: guest at December 26, 2007 12:09 AM
$1750 sounds right - I rent a 670 sq ft 1 bedroom apt with landscaped garden on 1st btw hoyt and bond for $1900 and it rented to the first person who saw it. I got lots of responses when I advertised it for $2200 on craig's list as well (with real sq footage, not exaggerated)- however, now that I realize how horrible the sound proofing is for the apt (we exposed the beams, oops!) I would not ask for more...
Posted by: guest at December 26, 2007 12:47 PM
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