Finding a three-bedroom apartment at a price that won’t cause heart palpitations can be an arduous task in New York City. More space requires more money and in the city’s already overpriced real estate market, it’s a luxury (or in some cases, dire need) that many people struggle to afford.
In an attempt to make things just a tad bit easier, we’ve searched the market for some of the best options when it comes to finding an affordable three-bedroom home. Below is what we found in each borough (even Staten Island) at prices that stay below the $550,000 mark. While $550,000 may not exactly be the most affordable price point, it is about as good as it gets in many cases. After all, this is New York City and obtaining both a large space and a low price is like spotting a pot of gold at the end of the rainbow. Anyway, enjoy!
↑This railroad-style apartment on West 117th Street in Harlem is asking $485,000 and is located just a block away from Morningside Park. The co-op features a simple layout with large, sun-filled rooms and a modest kitchen that could benefit from a designer’s touch. Monthly maintenance runs for $754 and income restrictions cap off at $76,125 for an individual; $87,000 for two people; and $117,450 for a family of four. [Floorplan]
↑In Jackson Heights, score this colorful three-bedroom co-op with a generous floorplan for a low price of $525,000. The sun-filled apartment boasts a large open living and dining room with huge windows, a windowed kitchen that sports a modern design and breakfast bar, spacious bedrooms painted in vivid hues and Manhattan views, plenty of closets, and a small terrace. [Floorplan]
↑A humble co-op in Greenpoint is being sold as a restricted sale for $465,000. The simple space is comprised of a plain kitchen, modest bedrooms, and an unadorned living room. [Floorplan]
↑In Riverdale, a huge three-bedroom, two-bathroom co-op is being sold for $471,000. The huge living room consists of hardwood floors surrounded by windows that fill the space with sunlight. The open kitchen has been befitted with marble counters, a lovely decorative tile backsplash, sleek cabinets, and stainless steel appliances. The apartment also offers an extra room that can utilized as a home office and a deeded parking spot. [Floorplan]
↑Staten Island’s real estate market isn’t necessarily a chock-full of three-bedroom condos and co-ops but you can score a whole house with said bedrooms at a decent price. For instance, this townhouse in Midland Beach spans almost 1,700 square feet and includes 1.5 bathrooms, a finished basement, and a parking garage for just $548,000.