Rents listed for buildings with doormen on the Upper West Side actually dipped in November on a month-over-month basis, according to MNS, which tracks rental rates in the city. This certainly does not mean those apartments are cheap! But you probably already knew that.
“Upper West Side doorman units are lower by an average of $85,” the report says.
Rents dropped slightly throughout the city. Inventory remains low, however, which could cause upward pressure on rents going forward.
Here are the details of price changes in the neighborhood:
- Studio (with doorman) $2,495
- Studio (no doorman) $1,971
- One-bedroom (with doorman) $3,597
- One-bedroom (no doorman) $2,775
- Two-bedroom (with doorman) $6,068
- Two bedroom (no doorman) $4,012
- Studio (with doorman) $2,592
- Studio (no doorman) $2,051
- One-bedroom (with doorman) $3,646
- One-bedroom (no doorman) $2,743
- Two-bedroom (with doorman) $6,178
- Two bedroom (no doorman) $3,957
Here’s where MNS gets the data: The Manhattan Rental Market Report ™ is based on data cross-sectioned from over 10,000 currently available listings located below 155th Street and priced under $10,000, with ultra-luxury property omitted to obtain a true monthly rental average. Our data is aggregated from the MNS proprietary database and sampled from a specific mid-month point to record current rental rates offered by landlords during that particular month. It is then combined with information from the REBNY Real Estate Listings Source (RLS), OnLine Residential (OLR. com) and R.O.L.E.X. (Real Plus).