Smart Investment OpportunitiesWhat You'll Get in NYC for $900,000

What You’ll Get in NYC for $900,000

The current median price point of a home in New York City is $910,000, making it the third least affordable housing market in the country after Miami and Los Angeles. If a homebuyer wishes to purchase property below the median price, they can search for plenty of homes below $900,000 across boroughs like Manhattan, Brooklyn, and Queens. As homeownership continues to prove unaffordable for many New Yorkers, homebuyers can review the following five units to find housing options in a competitive and expensive market.

175 Spencer St #1C Brooklyn, NY

PRICE
$849,000
BED
1
BATH
1.5
TYPE
Condo
NEIGHBORHOOD
Bedford-Stuyvesant
BOROUGH
Brooklyn

This two-story one-bedroom condo in Bedford-Stuyvesant knows how to turn heads! This oversized duplex comes new to the market with various enticing features like private outdoor space, a recreation room, and over 1,004 square feet of space. Filled with plenty of natural sunlight and decked out with finishes like custom cabinetry and stainless steel appliances, homeowners will appreciate the details in their new home. With building amenities like a roof deck with a barbeque, parking availability, and a fitness center, this new build continues to impress. Homebuyers will live close to the subway, Fort Greene Park, and various art galleries, restaurants, and shopping opportunities.


410 E 57th St #16D Manhattan, NY

PRICE
$835,000
BED
2
BATH
2
TYPE
Co-op
NEIGHBORHOOD
Sutton Place
BOROUGH
Manhattan

This two-bedroom and two-bathroom co-op in Sutton Place fuses charming details with modern finishes. Enter through the foyer and into the main living space to witness the large south-facing windows, high-beamed ceilings, and wood-burning fireplace. Additional pre-war features throughout the unit include custom built-in bookshelves, a service entrance, and decorative molding. Residents can install a washer and dryer upon approval and will appreciate multiple storage opportunities, including a pantry off of the kitchen. This white-glove cooperative building includes a full-time doorman, fitness center, laundry room, and a landscaped outdoor garden. Located steps from grocery stores, restaurants, and shopping opportunities, homeowners will appreciate walking through the front door at the end of a busy day.


77-11 35th Ave #3D Queens, NY

PRICE
$879,000
BED
2
BATH
2
TYPE
Co-op
NEIGHBORHOOD
Jackson Heights
BOROUGH
Queens

Step into Jackson Heights’ Manchester Building to experience this two-bedroom, two-bathroom co-op. The open kitchen and living room feature catching details like sleek monochromatic custom cabinetry and an island, complete with gold accents. The open office area to the side of the kitchen provides an additional working space, convenient for the professional who works from home. Windowed bathrooms with rainfall showerheads, abundant closet space, and recent renovations complete this unique unit’s design. Residents can take in the additional building features in the pet-friendly pre-war building, like two elevators, a live-in super, and an updated laundry room. The building resides in proximity to the weekly Sunday farmer’s market, cafes, an express subway station, and more. This unit also has a cap rate of 2.32%, and residents can sublet after one year.


765 Park Pl #2B Brooklyn, NY

PRICE
$900,000
BED
2
BATH
1
TYPE
Condo
NEIGHBORHOOD
Crown Heights
BOROUGH
Brooklyn

This two-bedroom condo in Crown Heights provides ample opportunities for sunlight to bask through the 822 square feet of space. Oversized windows throughout the living area and bedrooms provide a serene view of trees and greenery, creating a private escape from large city buildings. With details like high ceilings, an in-unit washer and dryer, and plenty of storage space, this split-bedroom layout creates an ideal situation for a small family or someone looking for an at-home office space. The kitchen features stainless steel appliances and a wide countertop for cooking generous meals. This pet-friendly building also offers a roof deck and a bike room. Tucked away into a private section of a popular Brooklyn neighborhood, residents will enjoy both solitude and proximity to local favorites. With a tax abatement through 2036, homebuyers will appreciate low monthly costs.


242 W 104th St #6ER Manhattan, NY

PRICE
$875,000
BED
2
BATH
1
TYPE
Co-op
NEIGHBORHOOD
Upper West Side
BOROUGH
Manhattan

This top-floor co-op unit blends pre-war charm with unique contemporary finishes throughout the kitchen. Step into the living room to appreciate the brick fireplace, dark oak Wainscotting, and original in-laid hardwood floors. Moving through the unit to the eat-in kitchen, residents will find stainless steel appliances, twelve-foot tall ceilings with exposed beams, and an in-unit washer and dryer. The room even features the space for an office nook. The unit tucks the two bedrooms away from the living space, providing privacy and featuring custom closets. Throughout the elevator building, owners will find additional storage opportunities. Within steps of Upper West Side delights like restaurants, cafes, and Central Park, residents will appreciate stepping into this elegant home.

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