What You’ll Get in NYC for $725,000

New York City hosts the country’s fourth least affordable housing market, forcing buyers to carefully asses their budget and search criteria during the buying process. Buyers can still find appealing options below the median list price. The following units under $725,000 include in-unit laundry, private outdoor space, and access to building amenities like fitness centers.

140 W End Avenue #7A Manhattan, NY

This spacious studio on the Upper West Side boasts a set of sliding doors that reveal a separate sleeping area. After passing through the entryway and extended foyer with a closet, owners will find a modern kitchen on their left, complete with stainless steel appliances, a dishwasher, and a counter with room for bar stools. A wall of windows runs along the living room and sleeping area that hosts two closets and the unit’s bathroom. Residents will experience white glove service in this amenity-filled building, which includes a fitness center, private park with a basketball court, and playground. This unit allows pied-à-terres.

1173 Rogers Avenue #4C Brooklyn, NY

Prospective buyers on a short timeline can immediately move into this two-bed, two-bath home in Flatbush. This modern home boasts high-end fixtures like custom wood medicine cabinets, in-unit laundry, and central heating and cooling. The open-concept living and kitchen area includes stainless steel appliances, a disguised dishwasher, and floor-to-ceiling windows with a door that leads to a private terrace. Each bedroom rests directly across from a bathroom, and each bathroom boasts a spa-like experience with custom wooden medicine cabinets and designer down lighting. Owners will appreciate an oversized walk-in closet in the primary suite. This pet-friendly unit resides in an elevator building that allows investors, sublettors, and 1031 exchanges. The home recently came down in price and offers a low cap rate of 2.69%.

30-05 Vernon Boulevard #5G Queens, NY

This modern unit resides in Marina Astoria, a brand-new luxury building with waterfront and Manhattan views. The open-concept kitchen and living area receive plenty of natural light and boast stainless steel appliances, marble countertops, and soft-closing drawers. Hardwood floors run throughout the unit and into the bedroom, which includes a closet and more oversized windows. Owners will appreciate additional touches like an in-unit washer and dryer, central heating and cooling, and tripe-pane windows that limit noise exposure. Throughout the building, residents can take advantage of various amenities like a children’s playroom, co-working space, fitness center, and furnished rooftop with extensive city views. Owners can also use onsite parking, bike storage, and general storage.

250 S End Avenue #7H Manhattan, NY

Small families and couples can spread out in this one-bedroom unit with a generous floor plan. The home opens directly into the foyer and adjacent chef’s kitchen with stainless steel appliances, marble countertops, and abundant storage opportunities. The foyer includes two closets, then spans into the living space, featuring enough room for a dining table or at-home office area. Owners will find the bathroom off of the foyer, which leads into the bedroom that includes another closet. Additional features rest around the home, including high-end solar blinds, a bathroom vanity with a marble basin, and a wall-through HVAC system. Residents will walk outside through the well-maintained lobby and live steps away from downtown favorites like Brookfield Place, various restaurants, and the Hudson River Esplanade.

915 E 17Th Street #219 Brooklyn, NY

Families will find three generously sized bedrooms throughout this large co-op unit. The home opens into a long hallway that borders the two front bedrooms, one of which features an ensuite bathroom, four closets, and large windows. Off of the foyer, owners will step into their windowed kitchen with stainless steel appliances and a dishwasher, then find the nearby closet with a washer and dryer. The oversized living room includes a higher level that can accommodate a dining room setup, and residents can step down into the living area with three windows. Adjacent to the living room sits the primary suite, complete with two walk-in closets, an ensuite bathroom, and a second entrance to the home’s private terrace. Residents will live in Terrace Gardens, a full-service building with a full-time doorman, package room, bike storage, and parking at an additional cost.