C.3 Cross Sectional Income and Expense Study:
Estimated Average Rents and Income (1993)
by Building Size and Location.
Post '46 Pre '47 All Stabilized
Rent Inc. Exp. Rent Inc. Exp. Rent Inc. Exp.
Citywide $693 $769 $502 $483 $537 $373 $541 $601 $409
11 - 19 $517 $856 $546 $456 $555 $395 $462 $585 $411
20 - 99 $554 $587 $403 $467 $510 $356 $486 $526 $366
100+ $852 $952 $597 $620 $692 $462 $764 $853 $546
Bronx $503 $534 $367 $426 $448 $327 $439 $462 $334
11 - 19 - - - $408 $450 $353 $416 $459 $352
20 - 99 $483 $497 $335 $410 $426 $313 $420 $436 $316
100+ $538 $565 $406 $420 $437 $306 $478 $500 $355
Brooklyn $517 $545 $394 $439 $459 $321 $455 $477 $336
11 - 19 - - - $392 $418 $320 $403 $429 $324
20 - 99 $507 $526 $380 $418 $429 $298 $441 $454 $319
100+ $547 $564 $416 $459 $470 $339 $495 $508 $370
Manhattan $1,080 $1,246 $752 $547 $643 $439 $661 $772 $506
11 - 19 - - - $508 $675 $465 $510 $700 $478
20 - 99 $810 $943 $620 $537 $624 $429 $557 $647 $445
100+ $1,145 $1,318 $783 $725 $834 $549 $972 $1119 $687
Queens $555 $597 $405 $464 $483 $326 $517 $549 $373
11 - 19 $478 $514 $398 $416 $435 $299 $436 $460 $331
20 - 99 $544 $568 $385 $454 $467 $315 $505 $524 $355
100+ $576 $610 $419 $511 $522 $348 $568 $599 $410
St Island * $524 $621 $418 -- -- -- $524 $621 $418
* City and borough totals are weighted, while figures for building size
categories are unweighted. ALL EXPENSE DATA IS UNAUDITED. The number of Post-1946
buildings in the Bronx, Brooklyn and Manhattan were too small to calculate reliable
statistics. The number of stabilized buildings in Staten Island was small enough
to permit only the preparation of summary statistics.
Source: NYC Department of Finance, RPIE Filings.