I believe in telling the whole story. At least as I see it. On the surface, well, on paper, the condos on 46th between 5th and 6th (what are they called? Nondos?) that are also up for rent sound great! "Sunny duplex with access to yard" and "laundry and storage available in the building" and the landlord is even willing to put in any type of flooring the tenants want. Wow! Three bedrooms, two full baths, new appliances...all for just $3400. I'm not making it up. Check it out on Craigslist and in the NYT.
I thought I'd help out prospective buyers/renters with some additional photos of the neighboring buildings and the view from the front of the building. So, what do you get for $3400 per month in rent or for $529k.
Here's the neighboring building. Notice the welcoming sign in the window.
And here is the view across the street from your half a million dollar condo (or $3400 rental).