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. Prospective buyers must carefully weigh their options to find a home that aligns with their wish list and budget. With high interest rates and asking prices, there are still opportunities for savvy buyers across the boroughs. The following homes under $850,000 feature plenty of stainless steel appliances, private outdoor space, and in-unit laundry for prospective buyers.

35 West 90th Street #5K Manhattan, NY

PRICE
$849,000
BED
1
BATH
1
TYPE
Co-op
NEIGHBORHOOD
Upper West Side
BOROUGH
Manhattan

Prospective buyers can consider this charming Upper West Side co-op that offers pre-war finishes. The sunken living space includes an oversized window, a decorative fireplace, and room for a dining table. Throughout the windowed kitchen, owners will find stainless steel appliances, a dishwasher, and a sleek gray backsplash. There is enough space for a king-size bed and multiple pieces of furniture in the bedroom, which faces townhouses. However, residents can also expand into the additional room to create an office, nursery, or other recreational space. High ceilings, restored hardwood floors, and plenty of natural light run throughout the unit. Owners will find amenities like a 24-hour doorman, laundry room, and a live-in manager throughout this pet-friendly building. The unit resides on a quiet, tree-lined block in one of Manhattan’s heavily desired neighborhoods.


618 Avenue H #4E Brooklyn, NY

PRICE
$760,000
BED
2
BATH
2
TYPE
Condo
NEIGHBORHOOD
Kensington
BOROUGH
Brooklyn

Buyers in Kensington can tour this modern unit at H70, a luxury development with various building amenities. Buyers will find floor-to-ceiling windows, recessed lighting, and light hardwood floors in the oversized living room. They can then turn to the kitchen and find Italian cabinetry, quartz Calaccatta countertops, and Blomberg appliances. Owners will appreciate touches like an in-unit washer and dryer, a split heating and cooling system, and a private outdoor space. The bathrooms include spa-like features, including heated anti-fog mirrors and floating vanities to create an at-home oasis. Residents can find a fitness center, a children’s playroom, and a sky lounge with city views throughout the building. Those who purchase soon can receive one year of free common charges and property taxes.


4-74 48th Avenue #24A Queens, NY

PRICE
$800,000
BED
2
BATH
2
TYPE
Condo
NEIGHBORHOOD
Long Island City
BOROUGH
Queens

Enjoy sweeping views of the Manhattan skyline through any of this condo’s oversized windows. This bright and welcoming unit receives plenty of sunlight and offers spacious accommodations for a single owner, couple, or small family. The living room includes a fireplace, light hardwood floors, and access to a private balcony. In the modern kitchen, owners will appreciate stainless steel appliances, a dishwasher, and a connection to the dining room. Each bedroom includes an ensuite bathroom, and the primary bedroom features a walk-in closet. Residents will observe unique wooden details and light hardwood floors throughout the condo. In the building, they can access amenities like a fitness center, laundry room, and furnished roof deck. This residence sits near public transportation, restaurants, and shopping opportunities.


325 Lexington Avenue #4E Manhattan, NY

PRICE
$825,000
BED
Studio
BATH
1
TYPE
Condo
NEIGHBORHOOD
Murray Hill
BOROUGH
Manhattan

Studio buyers can acquire this luxurious space in Murray Hill. The listing just came down in price and is appropriate for a primary residence, investment property, or pied-a-terre. Warm hardwood floors and oversized windows run throughout the space, providing a comfortable atmosphere. Residents will find dark cabinetry, stainless steel appliances, and sleek underhead lighting in the kitchen space. Upon entering the unit, owners will find a walk-in closet to their right and an in-unit washer and dryer to their left. When not in the unit, residents can appreciate building amenities like a fitness center, a roof deck with city views, and a 24-hour doorman. This location provides easy access to most areas of the city and proximity to bars and restaurants, public transportation, and shopping opportunities. This unit also has a low cap rate of 2.62%.


798 President Street #1R Brooklyn, NY

PRICE
$799,000
BED
1
BATH
1
TYPE
Co-op
NEIGHBORHOOD
Prospect Heights
BOROUGH
Brooklyn

This one-bedroom co-op boasts charming qualities like plenty of exposed brick and outdoor space. The duplex includes a living room with a fireplace that leads into a dining room that faces a quiet backyard. In the kitchen, owners will find stainless steel appliances and dark cabinetry. Once they head downstairs, they will find additional space for a den, recreational room, or at-home office before entering the bedroom. The true star of this unit is the private backyard, complete with deck space, a wooden fence, and lush greenery. A single owner or couple will feel at home in this spacious unit, finding multiple opportunities to release their creativity and cater each room to their specific needs. The co-op building resides near local businesses, restaurants, and Prospect Park.

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