30 MARCH 2, 2017 RIDGEWOOD TIMES WWW.QNS.COM NYC is the second most expensive place to rent in U.S.: report Ridgewood Times Renters Guide Listings selected at random. Courtesy MLSLI RIDGEWOOD Gates Avenue 69th Place 69th Lane Eliot Avenue 2-bedroom 1717 Gates Ave. $1,875 Eat-in kitchen Close to public transit Mitchell Todd Carollo Realty & Management 2-bedroom 2122 Himrod St. $2,200 Fully renovated Brand new appliances Fung Cheng Eagle Realty Group New York 3-bedroom or larger 60-42 68th Rd. $2,200 Spacious apartment Near M train station Hung Truong Chase Global Realty Corp. GLENDALE 1-bedroom 77-30 74th St. $1,650 Brand-new kitchen One-year lease Kiki Blanda Talent Real Estate Inc. 2-bedroom 76-08 69th Pl. $2,700 Top-fl oor apartment Private terrace & parking space Joseph Guidici Century 21 Amiable Realty Group II 3-bedroom or larger 89-00 Rutledge Ave. $3,000 Entire house for rent Front and back yards Dianping Li Win Team Realty Inc. MASPETH 2-bedroom 61-47 Grand Ave. $2,050 Ultra-modern layout Stainless steel appliances Sandra Zytko O’Kane Realty 2-bedroom 54-22 69th Ln. $2,600 Eat-in kitchen Access to backyard Sdenka Kelly S A S Real Estate 3-bedroom or larger 57-60 74th St. $1,900 Quiet block Heat & water included Tristan DeFalco Tristan J Defalco, Realtor MIDDLE VILLAGE 1-bedroom 63-35 83rd Pl. $1,800 Large bedroom Freshly painted Steve Jhee Keller Williams Realty Landmark 2-bedroom 63-16 Eliot Ave. $1,800 Eat-in kitchen Close to transportation Jaime Zarama Charles Rutenberg Realty 3-bedroom or larger 60-19 83rd Pl. $2,900 Completely renovated Close to Queens Center Mall Richard Wong Win Team Realty Inc. BY SUZANNE MONTEVERDI SMONTEVERDI@QNS.COM @SMONT76 A recent real estate study confirmed what many Queens residents already know to be true: New York City is an expensive place to rest your head. A “Rental Aff ordability Index” report conducted by Nested named NYC the second most expensive city in the entire country to rent a place to live — bested only by San Francisco, CA, where the monthly rental cost for a single person averages just over $2,000. Additionally, when compared with 72 other major cities worldwide, New York City still takes the No. 2 slot. According to the study, New Yorkers spend an average of $4.75 per square foot of rental space. The average monthly rent for a single person in NYC clocked in at $1,994, and the annual income needed to aff ord to rent a place on your own is over $82,000, according to the study. Additionally, the numbers nearly double when it comes to four-person families, who spend an average of $3,783.51 a month on rent and need to make at least $156,559 to aff ord this cost of renting. Nested’s study is one in a series of recent real estate reports that paint an alarming picture of the cost of living for Queens residents. A study conducted late last year reported that the average person in Queens has to pay a whopping 83.7 percent of their income to be able to buy median housing throughout the borough. Additionally, pricing in many Queens neighborhoods fall well above Nested’s reported average, according to other fi ndings. A study by PropertyShark placed a total of 12 Queens neighborhoods on a list of the top 50 priciest in New York City for 2016. Though the list was dominated by expensive Manhattan locales, Queens’ high-priced Forest Hills Gardens made the top 10. Also coming in on the list were neighborhoods of Flushing, Long Island City and Whitestone. To view the full list of the top 10 most expensive cities to rent in the country, visit nested.com REAL ESTATE Photo via Wikimedia Commons/ALT55
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