Property Details

1BR 1BA rent-stablized modern luxury apartment next to Bryant Park and KTown available now until late 5/2024 in the Atlas New York with option to renew lease!

Are you looking for an apartment through May, with the option to renew your lease? Then this unit is perfect for you! Atlas New York is a luxury high rise building located in prime Midtown Manhattan, with beautiful amenities, friendly doormen/staff, no maintenance issues, great gym with free weekly yoga classes, monthly building events with free/food and alcohol, huge clean laundry room in the building, beautiful lounge with terrace on the 5th floor, library room, and an amazing roof deck with stunning panoramic city views! Pets (both cats and dogs) welcome with no extra pet fee.

The current rent is $4036.65/month. This is MUCH lower than the existing new lease rates which are around ~$5000/month for E line units (if you Google "Atlas New York" you can see for yourself!). The unit is south facing, with giant windows and beautiful natural sunlight throughout the apartment.

The rent is stabilized, which means there will be a maximum 3% increase per year.
Beyond May 2024, the rent will be $4123.41/mo if you renew for 1 year, or $4113.40 if you renew for 2 years. This is still almost $1000/month cheaper than what's on the market - amazing!

Requirements from the building include:
• Copy of your government issued photo ID(s)
• Filled out and signed Authorization form to Release Records
• 2 most recent pays-tubs (yearly compensation must be 40X the monthly rent or 80X in case of a guarantor)
• OR 2 most recent years of tax returns if self-employed

Additionally there is a $3,621.74 security deposit currently on the rental account in escrow - because the current tenant will be transferring the lease to you, the building will not return this security deposit to them - instead, you will provide the current tenant a $3621.74 payment at the time of transfer, which you will receive at the end of your lease. The leasing office can provide confirmation that you will be receiving the deposit at the end of the lease.

Please reach out if you are interested!

Incentives

Rent stabilized renewal option
Tenant can leave behind the shelves desks, desk chairs, counter stools, and toaster oven