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Rent or Buy? Running the Numbers on Four Turtle Bay 1BRs

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The folks at StreetEasy built a tool to compare listings for sale and for rent, and every few weeks, we take a look at some listings that are up for grabs as both sales and rentals. Here now, four 1BRs on the market in Turtle Bay. The StreetEasy data assumes a 20 percent downpayment and, this time, a 30-year fixed mortgage rate of 3.71 percent.

Address: 333 East 47th Street, 815 (above)
Sale Price: $425,000
Maintenance/Taxes: $1,346/month
Total monthly costs when buying: $2,913
Rental price: $2,900/month


Address: 865 United Nations Plaza #11E
Sale Price: $799,000
Maintenance/Taxes: $817/month
Total monthly costs when buying: $3,763
Rental price: $3,250/month


Address: 310 East 49th Street #3G
Sale Price: $429,000
Maintenance/Taxes: $1,493/month
Total monthly costs when buying: $3,075
Rental price: $2,750/month


Address: 240 East 47th Street #10E
Sale Price: $775,000
Maintenance/Taxes: $707/month
Total monthly costs when buying: $3,564
Rental price: $3,150
· Costs of Living archive [Curbed]