New York City landlords are offering fewer concessions to renters these days, but if you look for a rental in new construction, you’ll have a better shot at getting a deal. Developers of large, new rental buildings are more likely to offer free months, or pay the broker’s fee, in order to fill up the building.
You may also have some luck getting a concession at large rental buildings that are not brand new but have been built in the past few years, especially in areas that are out of the way.
Here’s a good example: Riverwalk Point at 480 Main St. on Roosevelt Island is a 266-unit rental building that was built in 2015. Apartments here are no-fee (in fact all Related rentals are no fee).
Roosevelt Island is of course within spitting distance of Manhattan, but you need to take the F train—or the tram—to get there, the latter is an inconvenience or something special, depending on how you feel about heights.
Apartment #18C is a corner one bedroom, one bath, with an open layout and a washer/dryer. The apartment has western and southern exposures, with views of Queens and the East Channel. It is asking $3,590 with no fee.
That's more than the median asking rent for one bedrooms on Roosevelt Island, which is $3,350, and more than the median asking rent for one bedrooms on the Upper East Side, which $2,950, according to StreetEasy.
The kitchen has stainless steel appliances and custom wood cabinetry.
The pet-friendly building has a rooftop terrace, fitness center, penthouse entertainment lounge, children’s playroom, bike storage and round-the-clock concierge service.
The building is a three-minute walk to the F train and a five-minute walk to the ferry terminal.
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