Sales Market

No-Fee Apartment Building of the Week: Luxury & a washer-dryer for a little bit less

By A. Ready  | November 8, 2010 - 2:27PM

This week's pick for no-fee building of the week is River East, a luxury high-rise building in Yorkville at 408 East 92nd Street (First Ave.). According to no-fee apartment search site UrbanEdgeNY, there are currently five apartments for rent  (each with its own washer-dryer) in the building: A studio for $2,350, three one-bedrooms ranging from $2650 to $2,895, and a two-bedroom for $4,050. The two-bedroom compares quite favorably against the median price of $4,725. While the other apartments are higher than the medians for the neighborhood ($1,650 for studios and $2,103 for one-bedrooms), the smaller unit market overall tends to have much greater variability in terms of quality, and the River East apartments seem well-priced for a luxury full-service building.

Besides its own washer/dryer, each apartment comes with large windows and modern kitchens with granite and stainless steel appliances. There's a concierge as well as a doorman, a fitness center with jacuzzi, sauna and lap pool, a residents' lounge and a landscaped terrace on the 34th floor. Your pooch is welcome here.  Downsides? It's a bit of a hike to the closest subway at 96th and Lex.

Related posts:

Confessions of an on-site leasing agent

Guerrilla Guide to Finding a No-Fee Apartment (Part 1 of 3)

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