Rental of the Day: 110 Livingston Street Studio
Guess some of the buyers at 110 Livingston Street were pure speculators investors. Sotheby’s now has a 675-square-foot studio for rent for $2,750 per month. The never-been-lived in space looks like it has pretty high ceilings and clean, high-end finishes and fixtures. It would be interesting to know what the buyer paid for this place…
Guess some of the buyers at 110 Livingston Street were pure speculators investors. Sotheby’s now has a 675-square-foot studio for rent for $2,750 per month. The never-been-lived in space looks like it has pretty high ceilings and clean, high-end finishes and fixtures. It would be interesting to know what the buyer paid for this place to get a sense of what kind of return this rent would generate. Anyone know what the common charges are on a unit like this?
110 Livingston Street [Sotheby’s Int’l] GMAP
The whole argument against renters is pretty funny. Imagine what would happen to NYC housing prices if the majority of buildings banned sublets/rentals. It would collapse.
Courthouse apartments (also 2 trees) a few blocks away has 1BRs for that amount and a little less. Makes the price seem really silly.
$2750?? Admittedly, that’s a big studio, but come on. Why not just duck out a few stops to Cobble Hill or Park Slope, gain a couple bedrooms, and not live a half-block from Adams and Fulton Mall?
I mean, modern convenience and luxury is nice, but how much can you actually fit in 600 square feet? You could probably spend the money you save renovating a rental somewhere else, if you cared enough.
to 3:05 — Yes unfortunately most kitchens are actually just the focal point of the living room — usually not enough room to put more than a table for two in the space outside the counter. I looked at 100 — the D line for $835K and throught it was terrible. Obviously for people who do not cook but want to brag about their appliances.
to 3:47. yes and even the new kids whose parents bought their $450K one bedrooms for cash act like they live in a dorm. I am not voting to approve anyone whose parents pay for the apartment any longer.
Lots if not most of NYC coops is mix of renters and owners.
Since they were done by non-eviction plans which allowed RS/RC tenants to stay.
P.S. In my neighborhood(boerum/carroll/cobble) , seems more that new small condos (owner occupied) turn dirtier, shabbier more quickly – because maybe young condo owners are more renter-mentality and figure everything is supposed to be done for them and take no responsibility for upkeep the outside of property.
I am an owner at 110 Livingston and the offering restricts owners from renting to anyone but “family” for the first year. Obviously, an exception of some sort was made here.
Most of the sink unit is probably storage. You have storage next to the oven on both sides, along with the shelves and 2 upper cabinets. If you put your everday glassware and dishes on the shelves, seldom used dishes and pots and pans in the overhead cabinets, more cookware and utensils near the stove, and then foodstuffs in the sink unit, or some combination thereof, that should be enough for your average single person. Maybe buy a hutch or china cabinet. Still looks like a nice set up for a studio, although very pricey, to be sure.
2:16: are you pro or con subletters.. can’t tell. the renters you write about are the reason people hate renters in their building
co-ops allow sublets but only after the tenants have submitted application packages and are vetted by the board.
You can be rejected. And there is usually a limit of one to three years per unit.
Renters and owners do not mix well usually. The renters have no stake in the building, they tend to ignore the rules, to be transient etc. That is why nicer buildings severely restrict sublets. It’s a little snobby, sure, but this is NYC and we’re talking Real Estate, so the sky’s the limit in terms of snobbishness.