Comptroveby RentSpire

Element

555 West 59 Street, New York, NY, 10019

Market rate 2,007 units (unit count basis: listing-reported) Built 2007 FEMA/NRI hazard read: Relatively Low

Asking & effective rent by bedroom

Average asking rent across observed units: $11,087. Average effective rent: $11,087.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$11,087$11,087not observed3

HUD Fair Market Rent gap

HUD area: New York, NY HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

No nearby comparables with rent data were found within 3 miles.

Sources & provenance

Sourced from https://www.elementwest59th.com/ — 4 observation(s), last observed Jul 29, 2026.

Data age: 19 days. Last observed: Jul 29, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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