NYC Apartments Under $1 Million: What You Can Buy Right Now

It’s no secret that New York City is among the most expensive cities to live in. Just take a look at our latest study. This month, good ol’ Gotham has once again been crowned “Least Affordable City” since RealtyHop started tracking housing affordability back in February 2019.

While many properties come with a price tag of $2 million and more, there are some beautiful apartments available for less than $1 million. We hand-selected a few options for you to consider if you are thinking about buying in NYC now. Perhaps Riverdale, Astoria, Brooklyn Heights, or Greenwich Village could be your next home!


 

19-14 21st Road in Ditmars with Outdoor Space

19-14 21st Rd #1D

PRICE
$974,900
BED
1
BATH
1
TYPE
Condo
NEIGHBORHOOD
Ditmars
BOROUGH
Queens

 
Astoria Park North, which consists of 10 luxury units, is a newly developed condominium built and designed by Astoria’s premier builder, AKI Development, the developers behind the Nordic and Graffiti House. The building boasts beautiful views of the East River Waterfront and Astoria Park from its 360-degree landscaped common outdoor roof deck. While most units are customizable, unit 1D is one of its own kind. In addition to oversized floor-to-ceiling windows and state-of-the-art appliances, the unit features 865 sqft of outdoor space.

 

330 W 145 Street Unit 512

330 W 145th St #512

PRICE
$965,000
BED
3
BATH
2
TYPE
Condo
NEIGHBORHOOD
Central Harlem
BOROUGH
Manhattan

 
330 W 145th Street, commonly known as the Hamilton, is an 8-story, income-restricted, and pet-friendly condop building with 77 residential units. Apartment #512, a spacious 3-bedroom, 2-bathroom unit spanning over 1,200 sqft, features a newly renovated kitchen and bathrooms. Filled with natural sunlight through its east-facing windows, the kind-sized bedroom suite offers a fully appointed, designer walk-in closet and is served by a bathroom with a full shower and modern fixtures. Best of all? The building enjoys a 421-A tax abatement that expires in 2029.

 

3625 Oxford Ave Unit 2C with Living Space

3625 Oxford Ave #2C

PRICE
$998,000
BED
4
BATH
2
TYPE
Condo
NEIGHBORHOOD
Central Riverdale
BOROUGH
Bronx

 
Located in Spuyten Duyvil/Central Riverdale, 3625 Oxford Avenue, also known as Promenade East, is a 9-story, 23-unit residential condo building completed in 2003. Apartment 2C is one of the most desirable units in the building, with a total of 2,000 sqft of indoor space. The unit currently includes 3 bedrooms and 1 office, which can easily be converted to a decent-sized bedroom with ample sunlight through the windows. This unit is also perfect for families with children, as one of the bathrooms comes with a bathtub. #2C was originally listed in April 2021 for $1,049,000, and the price has since decreased to $998,000, a sweet spot for buyers looking for expansive living space within a reasonable budget. The estimated monthly payment on this home is $5,908, based on a 20% down payment and a 30-year fixed mortgage with a 3% interest rate.

 

60 Court St #5F

PRICE
$999,000
BED
2
BATH
1
TYPE
Condo
NEIGHBORHOOD
Brooklyn Heights
BOROUGH
Brooklyn

 
Conveniently located in one of the most popular neighborhoods in Brooklyn, 60 Court Street is a six-story, pet-friendly condo building with 36 residential units. This Brooklyn Heights building offers bike storage, central air conditioning, laundry, and a common roof deck. 60 Court Street is less than a 3-minute walk away from Borough Hall (2/3/4/5/R trains), and only 5 minutes away from the A/C/F trains at Jay Street. Unit 5F is the only unit currently on the market, first listed on July 14, 2021. The apartment features hardwood floors, renovated kitchen, and over 250 sqft of living/dining space. According to RentHop, this 2-bedroom unit could potentially generate $45,972 in profit after factoring in an estimated rental income of $5,650 per month, monthly maintenance of $1,164, and property taxes. It’s a great unit for investors looking to own income-producing residential properties in the heart of Brooklyn.

 

Living Room at Unit 14B1

206 E 95th St #14B1

PRICE
$999,000
BED
2
BATH
2
TYPE
Co-Op
NEIGHBORHOOD
Yorkville
BOROUGH
Manhattan

 
Next, we bring you to the Upper East Side, one of the most charming neighborhoods in New York. Apartment 14B1 at the Omni at 206 E 95th Street is truly a beauty. This 2-bedroom, 2-bathroom corner unit comes with 2 balconies showcasing city skyline views and abundant natural sunlight. The kitchen is equipped with Miele and Fisher Paykel appliances and customized cabinetry, paired with a small breakfast bar and granite countertops. For those living a busy life, enjoy building amenities such as a 24-hour attended lobby, chilled grocery storage, and an exceptional health and fitness center.

 
Keep up with the latest price fluctuations by neighborhood — specifically the highest price drops by median percentage, median dollar value, and street address — and check out RealtyHop’s latest NYC Price Drop Report!