Smart Investment OpportunitiesWhat You’ll Get in NYC for $1,100,000

What You’ll Get in NYC for $1,100,000

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. Buyers around the city can still find appealing homes under the median price point. Those looking to buy property this year still have time to close deals on the following units that offer unique design elements, private outdoor space, and numerous amenities around the buildings.

516 W 47th Street #S6A Manhattan, NY

PRICE
$1,075,000
BED
2
BATH
2
TYPE
Condo
NEIGHBORHOOD
Hell’s Kitchen
BOROUGH
Manhattan

Prospective owners can grab a piece of Hell’s Kitchen with this sleek two-bedroom condo. The unit opens into the foyer with the kitchen on the right, complete with stainless steel appliances, dark cabinetry, and tiled backsplash. Owners could use the first bedroom for its true purpose or convert the space to an at-home office. The primary bedroom includes an ensuite bathroom featuring new finishes. Residents will also find central air conditioning and solar shades throughout the home. The doorman building includes a fitness center, laundry facilities, storage, and a landscaped courtyard. Clinton West resides near plenty of restaurants, entertainment, and shopping areas.


1196 Metropolitan Avenue #2B Brooklyn, NY

PRICE
$1,099,000
BED
1
BATH
1
TYPE
Condo
NEIGHBORHOOD
Williamsburg
BOROUGH
Brooklyn

Buyers who are into adaptive reuse should consider this one-bedroom that resides in a converted firehouse that was last active in the 1970s. After its stint serving the local community, the building became an underground music venue until the 80s. Today, prospective property owners can purchase units for the first time. Developers maintained charming features like high ceilings, exposed brick, and oversized windows. The unit provides modern finishes like stainless steel appliances and a dishwasher, along with split air conditioning. This unit boasts tons of space, offering a large floor plan and plenty of air space. Owners will also enjoy access to a private roof deck that offers Manhattan views. Interested buyers should act quickly, as several units in the building are already under contract.


30-05 Vernon Boulevard #3C Queens, NY

PRICE
$1,025,000
BED
1
BATH
1
TYPE
Condo
NEIGHBORHOOD
Astoria
BOROUGH
Queens

Seize waterfront views with this one-bedroom condo in Astoria. The open-concept kitchen and living room boast oversized windows, marble countertops with room for barstool seating, and wooden cabinets. In the spacious bedroom, owners can directly access their outdoor balcony, which offers views of the water and Manhattan skyline. Owners will find additional luxuries around the condo, like in-unit laundry, air conditioning, and wide plank oak floors. This unit resides in Marina Astoria, a modern building with a landscaped courtyard, fitness center, and co-working space. Residents can use onsite parking, a bicycle room, and storage opportunities, and the condo offers a low cap rate of 1.70%. Residents can access neighborhood favorites like Astoria Park, numerous restaurants, and community events.


250 W 27th Street #3F Manhattan, NY

PRICE
$1,050,000
BED
1
BATH
1
TYPE
Co-op
NEIGHBORHOOD
Chelsea
BOROUGH
Manhattan

This spacious Chelsea co-op reaches almost 1,000 square feet and receives plenty of natural light. The unit includes unique features like wooden beams and built-in storage. Upon entering the unit, owners will find the kitchen directly to their right, which features stainless steel appliances, plenty of counter space, and a dishwasher. Residents could add extra walls in the living room to create an at-home office or separate dining room across from the kitchen. The large bedroom includes a generous closet, and the entire unit features six windows. This building resides on a gated tree-lined block that does not receive daytime traffic on weekdays, providing a comfortable living experience for residents. Residents can easily access multiple forms of transportation and dine among numerous restaurants and cafes in the area. The neighborhood resides near art galleries, museums, and outdoor attractions like The High Line.


1511 Pacific Street #2P Brooklyn, NY

PRICE
$1,075,000
BED
2
BATH
2
TYPE
Co-op
NEIGHBORHOOD
Crown Heights
BOROUGH
Brooklyn

This modern two-bedroom home is an ideal option for families looking to spread out. The three-story unit provides access to a private rooftop that leaves plenty of room for outdoor furniture and offers Manhattan views. The first floor includes the open-concept kitchen and living area, complete with a disguised refrigerator, a dishwasher, and a stainless steel oven. Owners can walk upstairs to access both bedrooms, and the primary suite provides direct access to the outdoor space. Throughout the unit, residents will find a washer and dryer, numerous windows, and elevated design choices. Residents will live near Prospect Park, the Brooklyn Botanic Gardens, and public transportation.

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