At 1,118 square feet, this three-bedroom, two-bath unit at 45 Wall Street is not overflowing with space. But with one month free rent, the net rent for the place--$4,611--is right in line, and lower than its initial ask in October for $5,305--perhaps reflecting the realities of the winter market. The downtown building offers high ceilings, a 24-hour concierge, complimentary fitness center, landscaped roof terrace, and a golf center. Not a bad option for a few friends looking to share.

No-Fee Apartment of the Week is writer A. Ready's weekly independent selection of a no-fee rental that she believes reflects good value given current market conditions. It is not an advertisement, nor is it paid for by any company/website mentioned.