Smart Investment OpportunitiesWhat You’ll Get in NYC for $850,000

What You’ll Get in NYC for $850,000

New York City remains the country’s fourth least affordable housing market, forcing buyers to carefully asses their budgets and search criteria during the purchasing process. With interest rates down half a point, prospective buyers are on the move to find their next home before the year ends. Check out this month’s list of what you’ll get in NYC for $850,000 to find homes with private outdoor space, in-unit laundry, and eye-catching pre-war details.

What You’ll Get in NYC in October 2024

284 5th Avenue #6E Manhattan, NY

PRICE
$850,000
BED
1
BATH
1
TYPE
Co-op
NEIGHBORHOOD
NoMad
BOROUGH
Manhattan

Prospective buyers can acquire this elegant one-bedroom apartment with numerous windows throughout the living room. Upon stepping into the unit, owners will greet their open-concept living room and kitchen, complete with a marble fireplace, crown molding, and hardwood floors. The kitchen boasts a separate island, decorative wooden cabinets, and updated appliances. In the bedroom, residents will find a closet and attached bathroom with a mirrored medicine cabinet. Additionally, this unit resides in The Wilbraham, a pre-war building that spans eight stories and previously operated at the annex of the Waldorf Astoria. In 2004, the building received a landmark designation, and the lobby underwent a renovation in 2017. Today’s residents can also access a laundry room and storage in the basement. Owners will live near plenty of restaurants and bars, Madison Square Park, and public transportation.


Large two-story living room in co-op unit

1322 E 14th Street #3B Brooklyn, NY

PRICE
$789,000
BED
3
BATH
2
TYPE
Condo
NEIGHBORHOOD
Midwood
BOROUGH
Brooklyn

This co-op unit in Midwood boasts an oversized living room with tall ceilings that reach two stories high. The open-concept kitchen and living area features numerous windows, stainless steel appliances, and plenty of cabinet space. Residents can cross the living room and exit to their private balcony overlooking the neighborhood. Two of the smaller bedrooms rest on the home’s second floor, and the first floor features the primary bedroom, complete with a walk-in closet. Additionally, owners will appreciate in-home luxuries like a washer and dryer, a dishwasher, and multiple closets. This unit resides in a building with several other units near shopping, public transportation, and restaurants.


Queens co-op unit with natural light

35-14 77th Street #52 Queens, NY

PRICE
$850,000
BED
2
BATH
2
TYPE
Co-op
NEIGHBORHOOD
Jackson Heights
BOROUGH
Queens

This bright and welcoming two-bedroom co-op blends original features with updated finishing touches. Owners will enter the unit and find themselves in the spacious dining room. The primary bedroom rests directly off of this space, featuring a walk-in closet and ensuite bathroom. Past the dining area, owners can cross through the kitchen, complete with stainless steel appliances, a dishwasher, and a counter with room for barstool seating. Residents can cross through the kitchen through a small hallway to find the living room or directly enter the space off the left of the dining room. This living room includes a working fireplace, hardwood floors, and two large windows.

Throughout the entire unit, owners will appreciate crown molding, two fully renovated bathrooms, and numerous storage opportunities. Residents can also access storage in the basement and private gardens around the building complex. This building is one of fourteen buildings in the development that surround a landscaped courtyard. In the neighborhood, residents can easily access Open Streets programming, a weekly farmer’s market, and Travers Park. This unit also has a low cap rate of 2.44%


Manhattan home with a large living room

200 E 89th Street #8B Manhattan, NY

PRICE
$795,000
BED
1
BATH
1
TYPE
Condo
NEIGHBORHOOD
Upper East Side
BOROUGH
Manhattan

Upper East Side buyers can tour this spacious one-bedroom apartment that receives plenty of natural light. Owners will find plenty of windows and access to a private balcony off of the living room, then head into the separate kitchen to find stainless steel appliances and white cabinets. The bedroom fits a king-size bed, and the bathroom boasts Carrara white marble tile. Throughout the corner unit, residents will appreciate California Closets, window screens, and a dining area. The building features numerous amenities, including a swimming pool and jacuzzi, a health center, and a roof deck. Owners will also appreciate the conveniences of a 24-hour doorman, parking, and laundry facilities. Residents can have cats in the building, and they will live near grocery stores, public transportation, and restaurants.


Brooklyn home with exposed brick in the living room

566 Prospect Place #3A Brooklyn, NY

PRICE
$850,000
BED
3
BATH
1
TYPE
Co-op
NEIGHBORHOOD
Crown Heights
BOROUGH
Brooklyn

Families or those looking for multiple bedrooms can tour this spacious home with pre-war features like exposed brick walls. The living room receives plenty of natural light and leads to the largest of the three bedrooms, featuring a closet and multiple windows. This home features a separate windowed kitchen with stainless steel appliances, a breakfast bar, and white cabinets. Throughout the rest of the home, owners will find an in-unit washer and dryer, a renovated bathroom, and built-in storage. The property boasts a low monthly maintenance fee and also has bike storage. This pet-friendly co-op building sits near Prospect Park, the Brooklyn Botanical Gardens, and the Brooklyn Museum.

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