Rentals in demand: Central Harlem back in top 5 | Chappaqua Real Estate

 

With 20-somethings scavenging for more affordable rentals in Manhattan, demand for Central Harlem units among prospective renters jumped last week, according to apartment listings website Zumper.

Central Harlem made it into the top five popular neighborhoods for the first time in nearly two months. The Upper West Side, Upper East Side and East Village topped the list, followed by Central Harlem and Greenwich Village. The median rent inquiry in Manhattan fell to $2,450, largely as a result of the Harlem surge.

The priciest inquiry was for a four-bedroom Chelsea rental seeking $7,000 per month, while the cheapest was for a Washington Heights studio renting for $1,150 per month.

As for apartment sizes, two-bedrooms dominated with a bit more than a third of the leads and a median inquiry of $2,795 per month. One-bedrooms and studios were next with a 26 percent and 23 percent share of the leads, respectively. Three-bedrooms accounted for 15 percent of the leads.

 

 

read more…

 

 

http://therealdeal.com/blog/2014/07/16/rentals-in-demand-central-harlem-back-in-top-5/

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

Recent Posts

Out of Sevice with brain injury since November.

Just back out of hospital in early March for home recovery. Therapist coming today.

2 years ago

Existing home sales down 28% | Katonah Real Estate

Sales fell 5.9% from September and 28.4% from one year ago.

2 years ago

Single-Family Housing Contraction Continues | Bedford Hills Real Estate

Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…

2 years ago

Closed Median Sale Price in Hudson Valley/NYC Markets Declined by 2.50% in October | Bedford Real Estate

OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…

2 years ago

Building Materials Prices Decline for Second Consecutive Month | Pound Ridge Real Estate

The prices of building materials decreased 0.2% in October

2 years ago

Mortgage rates drop with inflation drop | Bedford Corners Real Estate

Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.

2 years ago

This website uses cookies.