Luxury Rentals Manhattan
Manhattan has always been the heart of the luxury rental market in NYC, and things are no different today. The most luxurious rental apartments and penthouses are all located in Manhattan. The main thing that has changed in recent years is the location and pricing in different neighborhoods. For example, while the Financial District was a great place to find a brand new luxury rental apartment in Manhattan for most of the 2000s, you can now head to Hudson Yards for some of the most luxurious apartments in the city.
How much do luxury rental apartments in Manhattan cost?
It really depends on what part of Manhattan you’re in, but renters can expect to pay at least $3,000 per month for a studio in a luxury doorman building. For an apartment in a very prime location like Chelsea, Tribeca or Soho, you can tack on a solid 25-35% premium. Residences with the best finishes, like in-unit laundry, will also go for a higher price, as will rentals with a view. But these are all things we recommend paying for as it’s part of the NYC luxury lifestyle experience you deserve. What’s the point of renting a luxury apartment in Manhattan if you don’t have a view or aren’t in a great location? And nowadays, after the COVID-19 pandemic, having in-home laundry is more important than ever.