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Top 3 Apartments in the Bronx

apartments in the bronx

According to therealdeal.com’s April 7th article and their analysis of Department of Buildings filings, the Bronx has 3 construction projects that made the Top 10 Biggest Real Estate Projects Coming to NYC….

  1. 180 East 156th Street, 707 Concourse Village and 702 Grand Concourse, Bronx NYC – This threesome of affordable rental buildings in the Bronx was the largest real estate project filed with the city in March…top of the list. At 212,800 square feet, the Azimuth Development Group is planning to construct the buildings across three separate addresses in Concourse Village.
  2. 570 East 137th Street, Bronx NYC – Perkins Eastman is the architect of Mill Brook Houses which is a non-profit West Side Federation for Senior and Supportive Housing project. The 159 units will be 100 percent affordable, according to the city’s Department of Housing Preservation and Development. Mill Brook Houses ranked fourth on the list.
  3. 3469 Cannon Place, Bronx NYC – Coming in at number eight on the list is the most active developer in the Bronx, the Stagg Group and Marin Architects as the architect. The building would span a total of 82,586 square feet, with 71,601 square feet for residential space which includes 120 units and 10,985 square feet for a community facility.

The above are new constructions but an ol’ tried and true apartment complex in the Bronx is Parkchester . Built in 1942, Parkchester is a planned community originally developed by the Metropolitan Life Insurance Company and located in the southeast Bronx borough of New York City. The Parkchester residential development was designed and has operated as a self-contained rental community for middle-class families new to home ownership. To that end, there is an abundance of worker- and family-oriented resources, including access to transportation, nearby schools and churches, retail shopping space, and proximity to a major medical center. For more information and/or availability at Parkchester, visit their website at www.parkchesternyc.com.

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Nassau County: The Perfect Place to Find a One Bedroom Apartment at the Right Price

Find a one bedroom apartment in Nassau CountyNassau County is a suburban county on Long Island and is approximately 40 miles from Manhattan. Nassau County is immediately east of New York City, within the New York-Newark-Bridgeport, NY-NJ-CT-PA Metropolitan Statistical Area making it the perfect place for suburban living. It is also ideal when it comes to cost compared to living in Manhattan.

In NYC, a typical one bedroom will have a separate living/dining space, a full or alcove kitchen, a full bathroom and a single bedroom with about 750 square feet of living space and cost between $2,700 to $3,000 per month for rent. In Nassau County, the average cost on a one bedroom is $1,900 to $2,500 per month. For example, the Greybarn complex , located off Route 110 in North Amityville, offers a retail-community experience for tenants, with luxury apartments surrounded by amenities like a Starbucks, a fitness center, an urgent care facility, as well as a dog park and swimming pools. The one bedroom here is almost 850 square feet and the monthly rent is $2,450.

The average monthly cost for driving your car into the city is as follows:

Car payment $350

Auto Insurance $100

Gasoline $160 (if your car gets at least 25 mpg)

Parking $540

Parking rates were obtained from a 2011 USAtoday article about New York being the costliest city in the country for parking. These rates may have gone up since the article was written. Travel expenses for a month would total $1820, if you were to commute to NYC by car. A monthly train pass to travel from the Babylon Station in Long Island to Penn Station in Manhattan is $350 per month. Commuting this way would decrease your monthly travel expenses by about $350.

Renting a one-bedroom apartment in Nassau County will cost $500 to $800 less per month than living in Manhattan, plus you get more square footage per unit. The total savings, if you take the train to the city, comes to just under $1200 per month.

What could you do with an extra $1000 each month?

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