The Market

Is this $2,400 Yorkville one-bedroom charming or underwhelming? You decide.

By Lucy Cohen Blatter  | January 27, 2016 - 1:59PM
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This apartment—a $2,400 one-bedroom in an elevator co-op building—is located on a quiet, tree-lined block steps from Carl Schurz Park, but is a bit of a hike (about 12 minutes) from the 4,5, and 6 subway stop.

It's got a small but cute kitchen, decent closet space, and a large living room area. The building has laundry on the first floor. The owner is offering a one-year term subject to renewal, and you'll need to hand over first and last month's rent in addition to a month's security deposit and a 15 percent broker's fee.

So is it worth considering with all that money upfront? We asked our experts (and veteran renters), RentHackr founder Zeb Dropkin and freelance writer Lambeth Hochwald, to weigh in with me on this week's Take It or Leave It.​

Size: One-bedroom, one-bath
Location: 444 East 87th Street  (between First and York), Manhattan
Cost: $2,400
Flexible layout: No
Days on the market: 3
Subway: 4,5,6 to 86th Street

"I'm loving the chandelier light fixtures (rental lighting is a pet peeve of mine), and the kitchen is cute, too (as long as you're not a budding chef, its small size should work). But the apartment is a long walk from the subway and you'll need to put down a lot of money before you move in (we're talking around $10,000)." —Lucy

"This is a pretty affordable one bedroom in a quiet slice of far upper east Manhattan. But it’s costly to get this lease started, and the space is low light and narrow. " —Zeb

"I feel like I’ve seen this apartment before—it’s one of those classic right out of college pads—but it’s definitely better than most with its well-appointed (though compact) kitchen and unusual lighting fixtures (love when a rental comes with a chandelier). On the other hand, the bedroom is cave-like and I majorly dislike that there's a broker fee of 15 percent of the annual rent—ouch!" —Lambeth​

Who would this apartment be perfect for?

 "A single person who doesn't mind being a little bit removed from the action, or is fine cabbing it around the city." —Lucy

"This spot makes the most sense for someone who doesn’t need a lot of light, likes a quiet neighborhood, and plans to stay for at least a few years to lessen the hit from the broker's fee." —Zeb

"A couple moving to town who want to try Yorkville and can deal with a long walk to the subway (at least until the Second Avenue subway is complete)." —Lambeth

The verdict(s):

LEAVE IT "This apartment is underwhelming to me. And considering that it's a co-op, chances are you can only stay for a couple of years tops. That's a lot of money to put down for a short time. " —Lucy

LEAVE IT "It’s too dark, narrow, and far from downtown for most renters." —Zeb

TAKE IT "If you can get over the odd wave-patterned bathroom tiles and don’t plan to do a lot of cooking." —Lambeth

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