As the cost of living in NYC continues to rise, more and more people are finding it harder and harder to afford a place to live. But what if we told you that there were still some apartments available for under $1M?
In this blog post, we’ll take a look at some of the best deals on NYC apartments that are currently on the market. So whether you’re looking for a spacious studio or a three-bedroom penthouse, we’ve got you covered.
What’s the Catch on Buying an NYC Apartment for Under $1M
The current median sales price for an apartment in New York City is just over $1 million. So, what’s the catch if you’re able to find an apartment for sale under that price? In a city with some of the highest real estate prices in the world, there must be a catch, right?
First and foremost, it’s important to remember that location is everything when it comes to real estate. If you’re able to find an apartment for sale under $1 million in Manhattan, for example, it’s likely going to be a small studio or one-bedroom in a less-than-desirable area.
However, if you’re willing to expand your search to other boroughs – such as Brooklyn or Queens – you may be able to find a more spacious and affordable apartment. It’s also important to keep in mind that most apartments under $1 million will need some sort of renovations or updates.
So, if you’re not prepared to do some work (and spend some money) on your new home, you may want to look elsewhere. All things considered, finding an apartment in New York City for under $1 million is possible – but it may not be exactly what you’re looking for.
Be prepared to compromise on location and size, and be ready to put some work into your new home. If you’re willing to do that, you just might find your dream NYC apartment at a fraction of the usual cost.
2125 Palisade Avenue, #12C
The apartment at 2125 Palisade Avenue, #12C is located in the heart of the Upper West Side. It is a spacious one-bedroom apartment with plenty of closet space and an updated kitchen.
The kitchen has new appliances, including a dishwasher, and there is also a washer and dryer in the unit. The living room is bright and airy, with large windows that overlook the Hudson River. The bedroom is spacious and has a walk-in closet.
There is also a small balcony off of the living room, perfect for enjoying the river view. The building itself offers many amenities, including a gym, garage parking, and a rooftop deck with stunning views of Manhattan.
Price: $999,900
Maintenance & tax: $3,071 / mo
For full details and more information, please click here.
78-40 222 Street
The apartment at 78-40 222 Street is a great place to call home. It’s centrally located in the heart of Queens, making it easy to get around. And it offers a variety of amenities that will make your life more comfortable.
The apartment complex has a fitness center, laundry facilities, and a swimming pool. There’s also a playground for children and a picnic area for residents to enjoy. The apartment itself is spacious and bright, with hardwood floors and large windows.
And it comes with all the appliances you need, including a dishwasher and air conditioner. If you’re looking for a comfortable place to live in Queens, this is it.
Price: $999,888
Maintenance & tax: $843 / mo
For full details and more information, please click here.
917 St Marks Avenue, #2
The apartment at 917 St Marks Avenue, #2 is located in the heart of New York City’s East Village. It is a three-bedroom, two-bathroom unit that offers plenty of space for comfortable living.
The apartment is within walking distance of many of the city’s best restaurants, bars, and shops, and it is also close to public transportation. The unit features hardwood floors, high ceilings, and large windows that let in plenty of natural light.
The kitchen is equipped with stainless steel appliances and granite countertops, and the bathroom has a deep soaking tub. The apartment also has a washer/dryer in the unit for added convenience.
Overall, the apartment at 917 St Marks Avenue, #2 is a great option for anyone looking for a spacious and comfortable place to call home in New York City’s East Village.
Price: $970,000
Maintenance & tax: $932 / mo
For full details and more information, please click here.
52 3 Avenue, #5B
The apartment at 52 3rd Avenue, #5B is located right in the heart of the city. It’s close to everything – shopping, restaurants, entertainment – and offers stunning views of the skyline. The apartment itself is spacious and bright, with hardwood floors and high ceilings.
There are two bedrooms, one bathroom, a spacious living room, and a fully-equipped kitchen. The building also has a laundry room and an on-site gym. This apartment would be perfect for anyone who wants to be close to the action of the city.
Price: $1,099,000
Maintenance & tax: $1,412 / mo
For full details and more information, please click here.
271 West 122 Street, #B
271 West 122 Street is a beautifully renovated two-bedroom unit. The apartment is located on the third floor of a four-story pre-war building and features hardwood floors, high ceilings, and plenty of sunlight. The bedroom can comfortably fit a queen-sized bed and includes a large closet.
The living room is spacious and has enough room for a dining table. The kitchen has been newly renovated with stainless steel appliances and granite countertops. The bathroom is also new and features a tub/shower combo.
It is also near the 1 train, making it easy to get around the city. 271 West 122 Street is the perfect place for someone who wants to be close to campus while still having their own space.
Price: $1,100,000
Maintenance & tax: $531 / mo
For full details and more information, please click here.
303 West 66 Street, #20FW
The apartment at 303 West 66 Street, #20FW is a luxurious two-bedroom unit located in the heart of New York City. The apartment offers stunning views of the Manhattan skyline and the Hudson River, and it is just a short walk from Central Park.
The apartment features hardwood floors, high ceilings, and a spacious living room. The kitchen is equipped with granite countertops and stainless steel appliances, and there are two full bathrooms. The apartment also comes with a washer and dryer, and it is currently available for rent at $4,500 per month.
Price: $1,000,000
Maintenance & tax: $1,839 / mo
For full details and more information, please click here.
In conclusion
If you’re looking for a luxurious and spacious place to call home in the heart of New York City, then one of these apartments may be just what you’re looking for. All of these units offer plenty of space, beautiful views, and close proximity to some of the best shops and restaurants that the city has to offer. So if you’re in the market for an NYC apartment that’s priced at $1M or less, be sure to check out these listings. You may just find your perfect new home!