Smart Investment OpportunitiesWhat You'll Get in NYC for $950,000

What You’ll Get in NYC for $950,000

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With the country’s third least affordable housing market, it’s no wonder buying property in New York City costs a significant amount. If you have the budget and are looking to buy soon, consider the below options. The following five units under $950,000 provide value for homeowners seeking a worthwhile investment.

325 E 41st St #806 Manhattan, NY

PRICE
$945,000
BED
2
BATH
1.5
TYPE
Co-op
NEIGHBORHOOD
Tudor City
BOROUGH
Manhattan

Bask in the sunlight from southern and western exposures in this two-bed, two-bath co-op in Tudor City. Between the spacious living room and separate kitchen with custom cabinetry and storage, there is plenty of room to spread out comfortably. Both bedrooms come with walk-in closets, and the primary bedroom includes an en-suite bathroom. There is an opportunity for the second half-bath to expand into a full-sized bathroom. Owners will enjoy building amenities in The Essex House, like a live-in super, 24-hour doorman, bike room, laundry room, and common courtyard. Close to Grand Central Station and the Theater District, it will be a breeze to entertain at night and come home to this lovely co-op.


111 Montgomery St #1B Brooklyn, NY

PRICE
$945,000
BED
1
BATH
1
TYPE
Condo
NEIGHBORHOOD
Crown Heights
BOROUGH
Brooklyn

This one-bedroom in Brooklyn’s Montogomery condominium building fuses a modern design with appealing features. The living room welcomes abundant sunlight through oversized windows, and the kitchen boasts large cabinets and ample counter space. Throughout the unit, owners will also find a washer and dryer, central heating and cooling, and access to one private and one common patio! Outdoor lovers will further appreciate the roof deck and the building’s proximity to Prospect Park and the Brooklyn Botanical Gardens. Residents can also utilize many amenities, including a co-working space, lounge, and community garden. This unit also has a low cap rate of 1.48%. Located near cocktail lounges, restaurants, and transportation, this unit is sure to stun anyone that owners invite over.


47-01 Vernon Blvd #4C Queens, NY

PRICE
$900,000
BED
1
BATH
1
TYPE
Condo
NEIGHBORHOOD
Hunters Point
BOROUGH
Queens

Bright and beautiful, this one-bedroom condo in Long Island City provides ample opportunities for residents to enjoy the day-to-day. Owners will not feel cramped in this unit, with ceilings reaching 11 feet tall and over five hundred square feet of space. The kitchen boasts an island with room for three bar stools and a refrigerator that blends with the room’s design. The most appealing feature of this condo may be the private outdoor space, providing views of the neighborhood and creating the perfect ambiance for a morning cup of coffee. Residents will enjoy the resident’s lounge, landscaped terrace, fitness center, and package room in the building. The neighborhood hosts many exciting experiences, including opportunities to dine at restaurants, proximity to Gantry State Park, and access to several subway lines.


11 Hancock Pl #303 Manhattan, NY

PRICE
$898,000
BED
1
BATH
1
TYPE
Condo
NEIGHBORHOOD
Central Harlem
BOROUGH
Manhattan

This sleek and modern unit in Central Harlem offers additional home office space with a small room off of the main entry-way, creating an ideal opportunity from someone who works from home. The chef’s kitchen includes Calacatta quartz countertops and overlooks like a spacious living room, complete with floor-to-ceiling windows. Residents can enjoy the bathroom in the primary bedroom, which features matte black Kohler finishes and a rainhead shower. Designed by Isaac and Stern Architects, this new remodeling in Eleven Hancock provides an abundance of amenities. The building also features a private garden entryway, a fitness center with Peloton bikes, and a rooftop lounge. Centered in one of Manhattan’s artistic hot spots, residents can easily access the Apollo Theater, Columbia University, and Riverside Park. The building resides just a short walk from the train station.


160 Garfield Pl #3L Brooklyn, NY

PRICE
$899,000
BED
2
BATH
1
TYPE
Co-op
NEIGHBORHOOD
Crown Heights
BOROUGH
Brooklyn

This floor-through co-op in Brooklyn offers two bedrooms and office space, making it an ideal location for a small family. With a south-facing living room, sunlight pours in all day long, illuminating the beautiful exposed brick and fireplace. To enter the primary bedroom, residents must first walk through their oversized walk-in closet, then escape to a room that fits a king-sized bed and includes a bay window. Owners will appreciate the new hardwood floors, original tin ceilings, and picture frame molding throughout the home. Professionally managed, the co-op allows pets and offers bike storage, a laundry area, and a common outdoor space for grilling. Steps away from 7th Ave and plenty of shops and restaurants, this is the ideal home to return to after a long day.

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