Smart Investment OpportunitiesWhat You’ll Get in NYC for $1M

What You’ll Get in NYC for $1M

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With the country’s second least affordable housing market, it’s no wonder that buying property in New York City costs a significant amount of money. However, there are still hidden gems and deals to find around the city. The following five units under $1,000,000 provide value for homeowners seeking a worthwhile investment.

359 W 29th St #3 Manhattan, NY

PRICE
$995,000
BED
2
BATH
1
TYPE
Co-op
NEIGHBORHOOD
Chelsea
BOROUGH
Manhattan

This gorgeous two-bedroom co-op in Chelsea includes a sunken-in living room surrounded by large, south-facing windows and high ceilings. Those who love to spend time in the kitchen will appreciate the new custom cabinetry, quartz countertops, and stainless steel appliances. Continue through the unit to find two bedrooms nestled over landscaped gardens, where it’s quiet enough to fall right into a deep sleep. Both bedrooms fit king-sized beds and come with large, walk-in closets. With proximity to Chelsea Piers and Hudson Yards, you’re sure to enjoy living here.

 


194 Meserole St #4B Brooklyn, NY

PRICE
$995,000
BED
2
BATH
1
TYPE
Condo
NEIGHBORHOOD
East Williamsburg
BOROUGH
Brooklyn

This condo knows how to bring dramatic flair! This lofted, two-bedroom unit brings much to the table with high ceilings and oversized, double-story tall windows. Decorated with two private, south-facing balconies, you can enjoy your morning coffee or an evening drink. Cooks will enjoy the kitchen features, including granite countertops and stainless steel appliances. You’ll find an oversized rain shower, a new vanity, and ample storage space in the bathroom. Additional storage also comes with the unit. This unit also has low monthly taxes due to a tax abatement that lasts through 2035. Enjoy proximity to local hot spots, restaurants, coffee shops, and transportation. You’ll get tons of use out of this lovely home.

 


3 Court Sq #1707 Queens, NY

PRICE
$986,653
BED
1
BATH
1
TYPE
Condo
NEIGHBORHOOD
Long Island City
BOROUGH
Queens

Located in Queens’ tallest condominium building, this unit welcomes an abundance of natural light through the oversized, north-facing windows. Witness 360 views of the New York City skyline while appreciating the finishes this condo offers. Between the sleek kitchen, which features quartz countertops, and the luxurious bathroom with eco-friendly pieces, there is something to love in every room. Residents can also take advantage of common amenities throughout the building, like a fitness center with a training room and swimming pool, sauna, pet spa, business center, social room, and more. Crafted to the highest standard of excellence, you’ll feel at home in this beautiful condo.

 


161 E 110th St #2A Manhattan, NY

PRICE
$899,500
BED
2
BATH
1
TYPE
Condo
NEIGHBORHOOD
East Harlem
BOROUGH
Manhattan

If you love the outdoors, this condo is the home for you. Boasting an oversized, private outdoor terrace, you can enjoy a stunning view every morning. Comprised of an open floor plan between the kitchen, dining, and living area, this spacious unit also features a second bedroom which can convert into an at-home office. The unit features exposed brick, recently renovated Brazilian Teak hardwood floors, and granite countertops with custom cabinetry in the kitchen. You will find a fitness center, additional outdoor space on the rooftop terrace, and an underground parking garage throughout the building. Only three blocks away from Central Park, residents can appreciate the proximity to the subway and excellent restaurants.

 


136 14th St #1A Brooklyn, NY

PRICE
$995,000
BED
1
BATH
1.5
TYPE
Condo
NEIGHBORHOOD
Gowanus
BOROUGH
Brooklyn

This brand new duplex hosts a chic one-bedroom condo that fuses a modern design with high-quality materials. Split between two levels, the upstairs features the bedroom, living and dining area, and kitchen, composed of custom black-steel framed cabinets, black Caesarstone quartz countertops, and high-end integrated appliances. Residents will appreciate the deep Swiss Madison tub and custom vanity in the bathroom. On the second floor lies an abundance of multi-purpose space available for storage, an at-home office, or anything else. Residents can appreciate the communal roof deck with stunning views in the boutique condominium building. This unit has a cap rate of 4.65% and a potentially high monthly rental income estimated at $5,600. Only steps away from excellent restaurants and cafes, several parks, and subway lines, this unit is something to boast about.

 

These under $1,000,000 residences each offer unique features and amenities for prospective homeowners. Want to find your dream home this season? RealtyHop’s NYC Price Drop Report can tell you which NYC neighborhoods have the most price drops.

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