What You’ll Get in NYC for $775,000

New York City remains the country’s fourth least affordable housing market, making it difficult to purchase a property without breaking the bank. However, lower interest rates and deals across the city are making it easier for buyers to score gems in their favorite neighborhoods. The following five units under $775,000 provide outdoor space, spacious floorplans, and competitive pricing.

135 Division St #5C Manhattan, NY

First-time buyers can appreciate this one-bedroom condo in Chinatown that boasts newly updated features and low monthly costs. Owners will enter the unit on updated hardwood floors that run throughout the space, then turn to their right to view an updated kitchen with plenty of counter space, an in-unit washer and dryer, and a dishwasher. As they progress into the condo, they’ll witness oversized windows that serve as a door onto their private balcony. Also boasting a large bedroom, this pet-friendly unit resides near numerous impressive restaurants, nightlife opportunities, and shopping options.

37-28 30th St #5E Queens, NY

This new luxury development has modern units available for buyers looking to live in one of Queens’ hottest neighborhoods of 2023. The one-bedroom unit opens into a long hallway with two closets, including an in-unit washer and dryer. In the large living room, owners can enjoy the floor-to-ceiling windows that lead onto their private, spacious balcony. Turn around to view the sleek kitchen with stainless steel appliances and copious amounts of counter space and cabinetry. The bedroom also incorporates finishes like floor-to-ceiling windows and a walk-in closet. Residents will acquire access to a state-of-the-art fitness center, a roof deck with city views, and complimentary private storage.

1615 Bergen St #1 Brooklyn, NY

Families looking for a spacious three-bedroom will appreciate this Weeksville condo that spans two floors. The unit includes a driveway and outdoor storage space, and owners can then enter the first floor of the unit into the open-concept living room and kitchen with space for a dining table. This upper level includes two bedrooms, each featuring a closet and a large window. Residents will find a staircase in the living room that leads downstairs into the family room and primary bedroom with a bathroom and in-unit washer and dryer directly outside. In the third bedroom, residents can walk out the door and into the backyard garden, which leaves enough space for outdoor furniture or for those with a green thumb to try their hands at growing produce or flowers. This unit resides within three blocks of the subway and near local bars and restaurants.

175 E 62nd St #14A Manhattan, NY

Buyer seeking a home with personality can look no further than this Lenox Hill co-op. The generously-sized home begins with a spacious foyer that turns into the L-shaped living room, complete with oversized windows and a subsection with a mirrored ceiling that buyers can choose to convert back into a second bedroom or leave as-is. In the primary suite, an owner will enjoy three closets and two-ensuite bathrooms, depending on how they use the second bedroom space. This unit comes adorned with plenty of mirrors, which may appeal to a buyer with eclectic taste. Owners can also access building amenities like 24-hour doorman service, laundry and storage space, and proximity to public transit. This unit has a low cap rate of 0.59%.

361 Clinton Ave #12A Brooklyn, NY

Natural sunlight lovers can tour this one-bedroom co-op in Clinton Hill that provides unobstructed eastern and southern views across Brooklyn. The unit opens into a hallway where owners can proceed down to the living room with an oversized window that leads into the dining room. However, owners can convert the dining room into a second bedroom or closed-off home office. The windowed kitchen leads into the living and dining room and features stainless steel appliances, granite countertops, and an office nook. Throughout the building, residents can utilize the common laundry room, furnished patio, and storage space. Owners will live near Fort Greene Park, restaurants, cafes, and various entertainment facilities.