What You’ll Get in NYC for $1.25M

With the country’s third least affordable housing market, it’s no wonder that buying property in New York City costs a significant amount of money. If you have the budget and are looking to buy soon, consider the below options. The following five units under $1,250,000 provide value for homeowners seeking a worthwhile investment.

75 Wall Street #35A Manhattan, NY

Gaze out at your unobstructed view of the East River and Brooklyn in this modern condo! At-home chefs will enjoy the kitchen’s features, including Caesarstone countertops, a sub-zero refrigerator, and an island. Residents can entertain guests in the spacious living area and allow them to use the powder room off of the foyer. Complete with a washer and dryer and marble bathroom flooring, this unit continues to impress. Owners will enjoy building amenities, including 24-hour access to the gym, which hosts Peloton bikes, a terrace with 260-degree views of the city, and a lounge with a billiards table. This building sits close to The World Trade Center, Brookfield Place, and many restaurants like Eataly and Nobu.

225 Park Pl #2B Brooklyn, NY

This pre-war, two-bedroom co-op boasts a copious amount of space complete with plenty of storage opportunities. High ceilings, large archways, and original parquet hardwood floors complete the style of this Art Deco unit. Residents will enjoy the renovated kitchen that still maintains the original amount of space and continue to appreciate features like the walk-in close in the primary bedroom. Owners can take advantage of the pet-friendly building’s communal amenities like a large courtyard, backyard patio space, and renovated laundry room. Additionally, this property has a healthy cap rate of 5.24%. With close proximity to several subway lines, Prospect Park, and a weekly farmer’s market, there is much to enjoy about living in this unit and neighborhood.

46-30 Center Blvd #1603 Queens, NY

This loft-style inspired one-bedroom condo in Hunters Point welcomes an abundance of sunlight. With floor-to-ceiling windows and a private, western-facing balcony, those who appreciate the outdoors will find solace in this unit that features panoramic views of the water and Manhattan skyline. The gourmet kitchen boasts state-of-the-art appliances from Subzero and Bosch, and the king-sized bedroom includes a generous closet. Building residents can enjoy common amenities such as the fitness center, indoor swimming pool, cinema, and indoor/outdoor lounge. Only five minutes away from Manhattan and steps away from several transit lines and the water ferry, it is easy to get around the city from this location. Owners will also reside close to Gantry Plaza State Park.

238 W 106TH ST #1E Manhattan, NY

Those who appreciate a barely touched, pre-war unit will want to check out this co-op! With three bedrooms and two bathrooms, this original layout fuses modern tastes with old charms to produce a unit that is as beautiful as it is unique. Owners will find high ceilings, hardwood floors, decorative molding, and antique fixtures throughout the unit. An original dumbwaiter door now guards a washer and dryer, and similar updates were made to other rooms in the unit. Residents of the building will enjoy the additional features like a doorman who accepts packages, an outdoor courtyard, and a storage facility. The 48-unit building resides close to Riverside Park, several restaurants and lounges, and different subway lines. Step back in time in this unit!

3 Ridgewood Pl #1 Brooklyn, NY

Luxury and practicality come together to accomplish easy living in this two-bedroom condo. This renovated unit draws inspiration from Scandinavian design, featuring elements like an open kitchen with cabinetry from Denmark and concrete countertops constructed in Brooklyn. The unit features a spa-level bathroom, both bedrooms come with built-in closets. Perhaps the most exciting feature of this unit is the outdoor patio space, complete with terra-cotta tile with a staircase to a professionally landscaped garden and floating deck. Residents will want to spend every warm day outdoors! Steps away from two subway lines and near nightlife, restaurants, and Queen’s Brewery, owners will appreciate a night out or in.