Someone Moved Out Of NYC’s Cheapest Loft… Why?
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- เผยแพร่เมื่อ 15 ส.ค. 2022
- If you’re in the NBA, this might be the wrong place for you. However if you were too short to go on roller coasters as a teenager, you could easily live here and this cute loft apartment in Manhattan would feel super spacious. Im 5 ft 7 in and I wish i had this place.
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It's amazing how there are so many badly designed small flats/houses commanding such ridiculous rental prices.
I believe most are so bad because they are remodels from old building original flats. They try to make more flats in a building that more then likely had half that. Then they jack up the price due to area and some amenities.
That's NYC
That's over priced over populated NYC for you smh.
Couldn't have said it better!
Seeing all these comments about how $517,000 is not a bad price for this toothpaste tube astounds me. However, the entertainment one receives watching CASH describe it is definitely worth it...☺️
I watch these because he is hilarious, way cooler than he even knows, but also because they make me appreciate my house. I would've lived like that when young, but not after. Would kill my soul.
YES . . . he's a professional be performer. Watched Bob Barker, at night . . . for many seasons ! 😀
He overlooked Sink Sprayer ! 😬
I'm loving it - 'toothpaste tube' 🧐
Depends if this is a condo or coop. Coop you will be mad to pay this. And this is NY, $3k rent is pretty much the median rent here. You want cheaper you go into suburbs but you sacrifice convenience and time to get to work and back home.
Not sure if folks know, but buildings in NYC get graded on their energy efficiency. Similar to the way restaurants post their Health Dept. letter grades in the window, buildings do as well. This one has a D. That means the building is not doing such a good job. A lot of people may not care about this, but I think it's important info to know. Plus, it just looks worn out to me.
Thank you for looking. this up. I was about to do the same. And I agree- a refresh is needed for the apartment.
This is a good sized duplex for a single dwarf. (no kids)
Most nyc apartments that are on the lower end look worn out.
Gotta love how he makes all these overpriced places seem like a steal
I'm thinking a lot of it is tongue-in-cheek.
I'd pay 2.5g / mo for this place in midtown.
Yep, the place is hideous.
Salesmanship 101
This apartment is cheaply done and the low loft heights will guarantee someone is going to knock their head. The apt. is located at the 59th street bridge area which means horrible exhaust and 24hr. traffic noise. Whoever owned this must have done it years ago because it's outdated and dreary. Pass on this one.
Facts
This is what half a million get you in Manhattan? 🤣🤣
4:09 I like how she says the exact asking price but doesn't say the exact amount of what the common charges are making it seem like a bargain because it under $1200 a month.
5:03 Yes, massive air conditioner but were going to ignore the rust spot on the bottom corner which indicates thats where it may occasionally drip water from instead of outside in the rear.
5:33 They went with cheap Formica Laminate counter tops but didnt bother to get the end cap kit to seal the particle board to help prevent it from absorbing moisture and making it swell.
5:38 Peal and stick? Someone decided it would be a good idea to put Peal and Stick behind a slide in Range? All the heat from the oven will vent from those slits close to the back splash and its bye bye peal and stick adhesive. They didnt even attempt to cut it to make it square either.
5:52 In all my years of installing kitchen cabinets, i can always laugh when they do not put the correct 24" deep cabinet above the fridge but I have never seen someone put the pulls at the top of that cabinets door. Never.
6:03 Unrated and overlooked feature. Theres a vent in the kitchen to suck out cooking smells.
6:40 Again, Peal and stick. Enough moisture and heat will make the edges rise then it will look tacky.
8:12 Its to mount a TV. String lights can be good but to make it look professional they will spend more of 45 degree channel diffusers than the lights themselves.
I guess you didn’t like the place.
These are valid critiques - the place is expensive. A person needs an annual income of around $100K to live here. It seems like you have a professional background in installations. I have a professional background in teaching. My critique is that you spelled “peel” incorrectly. “Peal” is the word we use to mean a “bell ring.” “Peel” is what we do with a banana, and also with peel and stick tile. So now you know!
You know more than Cash he is a shame less huckster for absurdly priced apts and is uncritical of the bad design features lie all the things u note plus the very low ceilings.
@@marymacgregor6952 I use to remodel apartments for landlords for them to rent out and can easily see where the problems will be 1 year later, many times I just kept quiet because I know it will be more money in my pocket when I get the call to fix it. It does not make sense to pay half a million to get peel and stick tiles that will eventually fail, an AC that clearly have rust from dripping and Formica countertops that were not properly completed to prevent them from absorbing water which leads to wood rot.
@@KarinLynnBates I really have to start proof reading before posting and stop trusting my hammer thumbs and auto correct. It gets me every time🤣
Cheap finishes and poor workmanship are evident. @ 5:35, The laminate countertop wasn't trimmed off properly. @ 5:40 and @ 6:40 What the heck is going on with that untrimmed tile backsplash behind the stove and bathroom sink? For the price they are asking, they should have hired a professional to work on this place.
it's a condo......owner does the fixes
And did you notice the ham fisted caulk job around the countertops? Thick white stripes.
It's an investment, to be rented out, the owner won't care about anything.
The unfinished tile backsplash isn't even real tile. It's peel & stick, that's why it has those edges. Not cool.
Condo fees plus taxes $1200 a month, eek. $468k (10% down) is $2,512 a month (30 yrs @ 5%) = $3,700 a month.
And that's assuming you get it for that lower price and that you have $46K laying around for a down payment.
Not a bargain for a studio, and the value of your investment will depend on the future of NYC real estate. What goes up can come down.
Not a deal. Manhattan real estate prices are unsustainable given the city's current salary averages. The average salary in Manhattan is 70K; the 75th percentile is 83K...which makes even this small, old studio out of reach for over 80% of residents. Real estate...residential & commercial is a house of cards that will have to fall eventually.
Great $ breakdown.
Bridge traffic all day means you can't open windows without breathing car exhaust. Apt only faces north so no direct sunlight. Ground floor requires steel bars which makes it feel like jail. Maintenance charges kind of high for a ground floor studio apt. Dimensions too quirky for most people. Midtown east is a boring neighbrhd but pretty safe.
I'm from Greece and i'm renting a newly constructed (built in 2019) 50 sqm (538sqft) apartment fully furnished with a balcony and with all the bills icluded ( internet, electricity, water) and my rent total is 575 euros (it's the exact same price in dollars) it's so funny and rediculous to see the rent prices in New York for such badly contructed apartments
3.000 dollars for a storage room? Welcome to NYC. 😄
@@gocelts My personal nightmare. But what do I know, living at my rural place in germany, where squarefeet are cheap as chewing gum. 😄 Would love to live in a place like NYC though. But not if I had to live in a storage room.
let me see your your hand if you're also binge watching his videos even though you're halfway across the world with no plans to move to New york (or even the States).
EDIT: Hi, y'all!
🤚🏽
👍
Yep. Hello from Eastern Europe 👋
Hi..
✌🏼
DINER FRENCH TOAST REALLY DOES HIT SOOO DIFFERENT!!!!!
Maybe they put guacamole on it. Very trendy I hear!
My dream apt when I was 20. No way now that I'm 40. Cool place though.
These prices are disgusting. But watching Cash makes it worth it - he is great fun and it is very informative too. Great apartment despite the cost
💙 Cash, you are now my favorite TH-camr..even though I will never have a reason to move to New York..having you to show me New York is 100% win win for me..You’re such a great entertainer, I wouldn’t want to see the city with anyone else..Much love 💕 NOLA🎭🎷🎭 Gee
Thank you!!
Looks like it was built in the Sims.
I totally agree!
What are 'the Sims?
Is that like a new borough?
I was ready for Cash to say the small nook upstairs was for the mother in law 💁🏽♀️
🤣
1200 a month in fees! That's 500 more than my mortgage payment,no thanks
I always liked the area, but I couldn't live with bars on the windows, but , that's me. Plus navigating those stairs in the middle of the night, wouldn't be anything I'd want to do, but hey, a lot of people love this unit, so who am I to say. The finishes could be better also.
It's more interesting than the usual studio, though it's only for short people. The kitchen is spacious, though I wonder about the unfinished look to the stove backsplash and the outlet over the sink. Someone below mentioned that the peel-and-stick tile won't tolerate the heat from the stove. The a/c may be "massive", but it looks old. The ladder/steps would be tricky in the middle of the night, so the occupant needs to be young as well as short. With a $2,500/month mortgage and $1,200/month in taxes and fees it's not cheap.
it's a CONDO....owner does the fixes
If you research this unit it was under contract back in February 2022 but the deal fell thru. When that happened they raised the price another couple of thousand dollars. Also there is a current assessment of almost $100 added to the monthly common & tax charges for the next 3 years. The last time this was sold was prior to 2000 & has been rented out since about 2004. It does need updating, especially in the kitchen area. If the owner didn't want to go for granite counters at least they should have installed quartz
yes updates are needed......does look 60-ish old school but with the right interior designer & interior decorator..it is a killer space...good buy
I don't need granite countertops to sling pots and pans. Some people can't boil water in a kitchen without granite countertops. I can. My only requirement is they wipe clean easily.
what do you all need granite counters for? a decent kitchen knife and a cutitng bord and you are good to go!
Heck or Granite tile! Anything but that raw edge formica and peel and stick tile!
That air conditioner drips INSIDE and it's from about 1950.
The restaurant is Canaletto! It's been there for a bazillion years, and it was one of my parents' favorite spots!
I like the building. The thing is if you wake up late at night and have to use the bathroom you have to walk down those stairs. Kind of treacherous. But overall it's very nice. Nice neighborhood too. See ya
If you have that problem you could sleep downstairs.
I love how he asked if the nook could be rented cause that's exactly what I thought when he opened it up 😅
I feel like a lot of people thought this, which is why we have so many of these videos from New York.
When you backed up to the railing on that loft I actually thought you might do a backflip down to the living room because the railing was too low.
Common charges and taxes....holy cow! Less than $1200 so that means over $1100 added onto your mortgage...who can afford ANYTHING anymore? And those stairs...come on. Crazy cramped living room, no dining room. More of the jail style bars on the window. Claustrophobic kitchen. You can't even fully stand up in the loft! LOL God this is just awful.
Well it's not like anybody making you live there. Just calm down!!!
@@SweetDreamz0223 I am very "calm" and it doesn't matter if I am "being made to live there or not" these prices are stupid expensive. I get to express my opinion on anything I want any way I want to. Sorry kid.
Not a bad price for a Manhattan apartment...but 1st floor? Nope. Hate that people walking by could just rap on your window and always hate the prison bars needed on lower floor apartments for safety.
The only time I like being on the first floor is in the back of a building with a private yard and some space between the apartment and the street (that’s how my place is right now)
I would still be worried about the stairs.
I’ve been in that building and I have seen the steep steps. Yes, the steps are an accident waiting to happen. I hated them.
I too hated the stairs - definitely can't run up and down them wearing socks or drunk 😬.
$519K for a studio send a little high. Yes it has a 24 hour doorman & a beautiful lobby but you don't live in the lobby. Yes it's a nice neighborhood with tons of shopping & restaurants (albeit overpriced). But omg $1200 a month common charges??? You can definitely do better
1200 if you buy it so you'll still have closing cost, down payment and fees upfront
517k for this while in Texas, you could get a recently built modern house with a huge plot of land for roughly that price or cheaper. Nah I’ll pass. Lol.
True. I mean, I live in germany. But here I got a nice big house with 27.000 squarefeet of sourrounding land for 200.000 dollars. 😆
And walk out your door and melt.
@@lisab.1595 Good thing most modern homes have built in ac. Also, subjectively speaking, it’s not as bad as ppl made it out to be. If you can survive the heat in NY at its worst especially, I’m sure you’ll be fine in TX.
Yes but women are treated like chattel there.
@@kittykatz3518 ?? Totally left field there. Where did this come from?
Not saying TX is perfect but if we are to jump to a whole different topic at random both men and women have it hard regardless of state. Just saying. I don’t know what you mean about the whole chattel stuff but if you want to elaborate, by all means.
I am really enjoying these videos, thank you.
Ur pretty close to Billionaires row. This is a nice escape place for a rich person who visits NYC. I like it.
Surprisingly well planned appartment. There are so many sacrifices that tiny apartments usually require. Tiny kitchen. No real storage. Boxy, closed in feel. This one has a very nice kitchen, open airy feel, good use of "dead space" and lots of storage. I guess $519,000 for NY is good. But here in Texas you could get a 5bed house with lots of outdoor space for that amount and even have money left over.
..and that's the difference between Manhattan, NYC , a World Trade city & the state of Texas
@@maddscientist3170 And let's face it, the cost of the commute would be a real deal breaker for most of us.
pros : cheap house
cons : live in texas(s)
But the drive every day...😉✌🏼
Texas! I live between Houston & Beaumont. 50 acres, 3500sq brick home built in 2015 on the bay, MASSIVE barn, fenced pastures, stocked fishing pond & chicken coop - we paid $450,000 (in 2015). I am a stay at home and my husband works. Our note is only $2300 a month!
Aaww! Another cute place! Thank you 😊
I just can't get with a place that makes me plunk down money to buy it then makes me rent it while I live in it.
Yes exactly, what even is that? I live in the UK, so I have heard of service charges if you own a flat, but this is insane.
Thank you for sharing your cool crazy tour...You made me laugh about the 7-11 Store and the items sold there!!! Lol!! The restaurant here in mid-town are very nice it seems.. At least you do not have to go too far inorder to enjoy a nice meal...The apartment looks nice and by me being 6'2" I would have to be careful going up stairs to the loft area for bed...Again, thank you for your tour here...
this lofty studio apartment is really nice and set up really well. real estate agents and owners from Sydney, Australia take note we could use some of these in other areas of Sydney other than unilodge
IMO that design would sell/rent well, depending on pricing and building amenities of course, in pretty much every urban area in the U.S.
Lolol (from someone lived in a unilodge loft for two years
@@tina.xyxiao8195 and it is freaking expensive
If ur over 5'5" --- you'll bump your head - in several areas.
I actually really liked this one . I've watched a lot of your videos and seen worse apartments listed for more $$$ . I especially like it cuz you COULD have company visiting but be able to get away from them. And there was a lot of storage. If I purchased it, I'd definitely upgrade it a little though. (not that I'm looking to move or anything, just speculating) Very cool!!!
So cute ! Seems to offer everything needed for one person or a couple
The common charge on top of the mortgage makes this insanely expensive. I bet the doorman makes minimum wage so… why is it so expensive?
You think the doorman makes minimum wage? That’s a union job. You don’t have a clue.
@@marylivingstone9815 You’re right. I’m not familiar with doormen salaries. Do tell. How much do you make?
great video, love seeing that you got a helmet, nice!!!! and keep up the good work, you rock!
Of course it isn’t perfect, but I like this design. Different but functional and provides space in the area you really need it. Washer/dryer hurts thought
You did a good video to service the sale of the apartment. It may be a decent apartment consideration the price but there are some obvious problems to consider. I think the floorspace is just too small and the ceiling height in the loft and below the loft is a problem if you are a tall person. The living/dining does not look 11x17, maybe they are including the kitchen in that measurement. The neighborhood is noisy because of the 59th Street Bridge traffic. The dressing closet is limited because it is also a hallway to the bathroom.
Thanks Cash agree it is a well thought out floor plan for using space but if you add up the 1200 $ a month with payments on a 500,000 morgage that is a very steep monthly payment for a tiny space to call home.
its adorable... its nearly perfection really... maybe kitchen i would replace the dishwasher with the stove and remove the other side for even more space,, the climbing of the steps and low ceiling might be an issue.. but i love the quirkiness of the loft and the nook.. i would definetly like this place! and its cheaper rent than some turds we have seen that cost more !
That apt is so awesome. Thanks for all your hard work… I will never live in NYC, but I love your videos. Take care
Very good use of space and unique layout. But still too much for this amount of room. Nice neighborhood and full time doorman, but way too small for the price tag. Need an outdoor area. 😁
One of the best planned & logical studios ever!
I love this unit! As much as I'd want to live on the west side, the more I've explored the east side just surprises me more and more!
Cool apartment. Enjoyed.
Seems like a good value, I like having a bathroom connected to the Primary.
I really like that one. The price is still ridiculous though.
TOO High ! 💀
actually CHEAP
@@maddscientist3170 it's a rip off!
This is a great use of space ❤ Because it is New York it is a good buy 🌟 The buyer has some things to do due to the fact they just threw some things in there cheaply and other things that need to be done correctly 🤔
I loved New York… as a retail buyer , I had the best of both worlds . Monthly trips to New York with the Theaters.. museums…shopping…shoe shopping galore…restaurants ….parks and, best of all, no unreasonable, overpriced rents…… just comfortable stays in hotels paid for by my employer.
I love when I know exactly where you are 👍🏾
I love this place!
$517,000 is a 7 bedroom 3.5 bathroom house with an acer or 2 of land, a pool, a 2 car garage, and a 2 car detached garage in TX. WHY THE ACTUAL...... IS NY SO EXSPENSIVE? 😱😱
This is Gonna B so Good CJ🔥🔥🔥👍….
Texas! I live between Houston & Beaumont. 50 acres, 3500sq brick home built in 2015 on the bay, MASSIVE barn, fenced pastures, stocked fishing pond & chicken coop - we paid $450,000 (in 2015). I am a stay at home and my husband works. Our note is only $2300 a month!
Not Bad for NY and the Area
.. love lofts
...narrowing stairs may be a problem tho ...it was cute ..
I love watching your videos sometimes you are so funny
He is. Lol Love how he represents us New Yorker's...cool and down to earth.
"The trains aren't too bad" OMG, Cash, those train times are AMAZING for someone who comes from a place where even peak hour trains only come every 15-20mins.......
Buses in my hometown are every hour after 6 PM and stop at 11... so YES these times are AMAZEBALLS 👍
This place is awesome. I could totally live there.
I love this apartment
Watching with my daughter! My b day! We love patsys pizza and she thinks is you’re hilarious!
So well designed:)
Who installed those backsplashes and didn’t bother to cut off the excess tile on the sides?? Haha
I like door man. .I miss that in Manhattan but now it's got an automatic door!
I would update the kitchen and make a bar to eat at add a washer/dryer combo unit under the ladder and update the bathroom
Very nice but I definitely wouldn't want gas walking through my closet to get to the bathroom
No wonder gas prices are so high! It can walk right through the closet. I had no idea.
I would love living there.
Freeze frame at 0:01 - AWESOME SHOT! It's make a great album cover or horror movie poster.
Cash, can you do a Q&A? That could be fun and pretty interesting to know some of the stuff you've seen that you don't show in your videos! Maybe a little creepy, gross, strange, silly...etc. Maybe take questions from your subscribers on IG stories? :) Love you Cash!
Beautiful
Normally i aint one for a studio but somethin like that where u could make ur room on a different floor like that i could go for.
Cool place!
I lived at 70 and 2nd in 1971, 72 and then moved to 38 down by the midtown bus terminal. Left NYC in 74 to go back to Cali
I have a huge kitchen and nice be room on ground floor it's fine!
Awesome pad!
Cash You are so entertaining 🙌😊💪
Clad I love down south those prices are insane
This loft is such a good of space. Having the large closet near the bathroom makes sense. The storage area upstairs would be great for off season clothes, suitcases, and linens.
And Christmas stuff,,,
I only wish I could live there in midtown. I live on Harlem West and its nice but I hate waiting for packed express just to get to 36th. If I lived there I could walk to work. Sucks being broke
The crawl space by the bed would be perfect for a pet room.
A half million-dollar apartment where you have to stoop in every area in the upstairs bedroom loft is ridiculously overpriced. What if I have bad knees and/or lower back pain, which most Americans suffer from or will one day this apartment only accommodate a very small, no pun intended, portion of Americans.
I’m comfortable in a tiny apartment. If you’re tall, you’d be miserable. A good fit for a bachelor or a young couple starting out but it ain’t a family home. No room to grow there.
I would make the loft the living room. Those stairs at night. No thank you.
Niiiice! I know someone who has a similar place in Portland for around the same price. I'd rather live in midtown Manhattan myself.
I would prefer first floor. I wouldn't want to lug groceries and food up steps.
This is nice ✨
You being showing some great apartments townhouse brownstone when I get my million I will be moving to New York City
517k for this… where I live, an apartment of this size and quality would go for about 40k MAX… omg
For a cozy spot in an excellent neighborhood in Manhattan, really not that bad. Definitely beats renting a place if you can get a mortgage. Only downside is that it is on the first floor.
It would be nice if they could turn that staircase into some kind of a pull--out / extendable type, so it is not as steep. When not in use, you pushed in it.
Compact, but for a person like me who requires lots of sunlight, it wouldn't work. I do love galley kitchens; maybe because when I first moved out on my own to Toronto, every apartment I rented had a galley kitchen.
It's 2022. I think most people prefer in unit washer and dryer. I do not understand why condo buildings and luxury apartment buildings do not have free washers and dryers in their laundry room (if they are unable to support in unit washer/dryer). Having to pay for each load really cheapens the living experience. I would rather pay more in rent or have higher association fees than have to pay for laundry in my own building.
That storage room is perfect for the home help. XD.
No in-unit laundry is always a no go for me. But nice price and location.
I love it !
If the half wall dividing the kitchen & living room was wider it could have been used as an eating bar.