It's no surprise: subway station proximity is a key factor in New York City real estate. More often than not, it's the first questions out of our mouths when scouting for a new apartment: "How close is the train?"
It's truly a make or break factor. It's crucial for survival, and we are more than happy to base our living arrangement decisions around it.
It comes at a cost, though. According to a report by RentHop, renters could potentially pay $845 less per month in rent simply be adding one extra subway stop and 2 minutes to their daily commute.
Um, maybe it's just us, but that sounds like a sacrifice we'd totally be willing to make.
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If money is no object and you'll pay a pretty penny for convenience, consider shacking up near the 23rd street station off the 1 line, where median rent prices are $4,000 for a one bedroom apartment.
If you lived just one block south, however, you could save up to $800.
The most affordable apartments nearest to subway lines are in the Bronx off of the 5 and 6 lines, where the median price is $1,250.
It's clear that figuring out how to get around plays a major role in the life of a New Yorker. And between surging MTA costs and the imminent L-train closure, it's certainly not getting any easier to manage.
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Luckily, it turns out that life as a New Yorker doesn't always have to be stressful.
We've partnered with Transit Wireless to give away an unlimited MetroCard, a $100 MetroCard, and a Very Kool Smartphone. Enter the giveaway, and you can save hundreds on those nasty metro swipes you make every morning and get the tech you need to surf Transit Wireless's free Wi-Fi.
Uh, yes please?
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Check out This Free Unlimited Monthly MetroCard & Very Kool Smartphone Giveaway.
[via DNA Info]