Most Expensive East Village/Lower East Side Rentals (December 2010)

Posted on December 6, 2010

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Some talk has been floating around about a new rental on the market at 38 East 1st for $30,000/month.  This makes it the most expensive rental currently on the market in the East Village/Lower East side.  Well why the big fuss?  Oh right, it is asking $30,000 per month.  the rental price tag may make it the most expensive unit ever available in the area, so postulates the E.V. Grieve.  I’ve looked in Corcoran’s system, and despite one apartment that was briefly listed as a $2,150,000/month 1 BR (likely off by a factor of 1,000) it would indeed by the highest rent commanded in the area.

No matter where you are in the city, rents like these mean you are getting something unique and/or huge.  While there is only one other apartment over $20,000 currently (or ever) on the market, 6 tip the scales at $7,500 or more per month.  For an area as big as the EV/LES this is a reasonable number of high end apartments.  With a relatively low apartment density and as most buildings are 100 years old and chopped into studios, 1 and 2 bedrooms, rentals like this are rare to come by.  Comparatively, the Upper East Side currently has 83 units over $7,500/mo, and the Upper West Side has 70.  Of course, both these neighborhoods are relatively large, have many more mid-high rises and with locations (of some) right on Central Park they command high premiums.  

The following are some highlights of the 6 most expensive rentals in the East Village or the Lower East Side (click the link for photos/full descriptions).

38 East 1st Street, Apartment 3C, New York, NY 10003

asking $30,000 per month, furnished, through Prudential Douglas Elliman

– 3 bedrooms, 3.5 baths and about 5,000 square feet and dramatic 16′ ceilings

– Gourmet Chef’s kitchen, ballroom, entry foyer with gold leaf trim on the ceiling,  exercise room, 125 sqft terrace

– Washer and dryer in unit, 3 zone central A/C, elevator

259 Bowery, Apartment 3/4, New York, NY 10003

asking $25,000 per month through Halstead

– 5 bedrooms, 3 baths and about 3,800 square feet and 11.5′ beamed ceilings

– Gourmet kitchen, laundry room (w/ washer/dryer), private basement storage, 650 sqft terrace

– 3 zone central A/C, key-locked direct entry elevator, wood burning fireplace

151 Bowery, Apartment 3B, New York, NY 10002

asking $8,500 per month through Brad Belmont

– Loft (up to 6 bedrooms), 3 baths and about 3,700 square feet

– Private roof deck

– Elevator, washer/dryer in unit, attended lobby

413 Grand Street, Apartment 306, New York, NY 10003

asking $8,500 per month through Corcoran

– 4 bedrooms, 3 baths and about 2,200 square feet and 11.5′ beamed ceilings, duplex

– Eat in kitchen, 2 private terraces

– Complex has a gym, laundry room and doorman, elevator

543 East 6th Street, Apartment 2B, New York, NY 10009

asking $7,500 per month through Halstead

– 3 bedrooms, 1.5 baths, original detail, Triplex

– Open kitchen w/stainless steel appliances, master bedroom walk in closet, private terrace, private rooftop deck

95 Rivington Street, Floors 3-4, New York, NY 10002

asking $7,500 per month through Corcoran

– 1 bedroom, 1 bath, about 2,200 sqft duplex and 17′ ceilings with wall-sized skylight

– Stainless steel eat in Chef’s kitchen, 300 sqft private garden terrace, storage and work space