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Rent or Buy? Running the Numbers on Five Soho Two-Bedrooms

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Every few weeks, we check in with the StreetEasy rent vs. buy tool, which compares listings that are currently available both for sale and for rent. Here now, five two-bedrooms currently on the market in Soho. The StreetEasy data assumes a 20 percent downpayment and, this time, a 30-year fixed mortgage rate of 3.56 percent.

Address: 56 Crosby Street $5A (above)
Sale Price: $6,495,000
Maintenance/Taxes: $1,879/month
Total monthly costs when buying: $25,386
Rental price: $19,950/month


Address: 210 Lafayette #9A
Sale Price: $2,565,000
Maintenance/Taxes: $1,975/month
Total monthly costs when buying: $11,258
Rental price: $13,500/month

Address: 210 Lafayette Street #PH1B
Sale Price: $3,950,000
Maintenance/Taxes: $2,684/month
Total monthly costs when buying: $16,980
Rental price: $13,000/month


Address: 115 Mercer Street #4B
Sale Price: $4,395,000
Maintenance/Taxes: None, if the listing's to be believed
Total monthly costs when buying: $15,906
Rental price: $13,950/month


Address: 40 Mercer Street #15
Sale Price: $4,750,000
Maintenance/Taxes: $2,662/month
Total monthly costs when buying: $19,853
Rental price: $17,500/month
· Costs of Living archive [Curbed]