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What $500K or less buys in New York City right now

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Five apartments in four boroughs

Welcome to a semi-regular feature, Price Points, in which we pick a relatively low asking price and a type of apartment, then scour StreetEasy to find the best available options around the city. Today’s task: apartments asking $500,000 or less.

↑ If you don’t mind the schlep from York Avenue, this one-bedroom on East 86th Street is a decent deal (though maintenance does come in at $1,565/month). The 750-square-foot apartment has one large bedroom, and while the kitchen is small, you can shoehorn a dining room table into the large living room. The price: $499,000. [Floorplan]

↑ Also for $499,000, there’s this bright two-bedroom co-op in Queens, close to the Sunnyside Gardens Historic District. The kitchen got a modest refresh recently—it has new countertops and appliances—and there’s plenty of storage space, including five closets. Maintenance comes in at $798/month. [Floorplan]

↑ Admittedly, this one-bedroom co-op on West 57th Street needs some work—particularly in the extremely violet bedroom—but the price is right at $495,000. (Maintenance is another story—it’s $2,363/month.) The full-service building has bike storage, a full-time doorman, and a garage; it’s also located right in the heart of Midtown, at 57th and Sixth Avenue. [Floorplan]

↑ On the Bronx’s Grand Concourse, a large two-bedroom co-op is going for $450,000—and if you’re a Yankee fan, this might just be the place for you (it’s located at 159th Street, a stone’s throw from the ballpark). There’s plenty of space—including a breakfast nook and a dining room—and maintenance is $947/month. [Floorplan]

↑ And finally, this alcove studio in Park Slope isn’t huge, but it does have location going for it—it’s on Sterling Place, close to the Atlantic Avenue-Barclays Center hub and a short walk from Prospect Park. The “alcove” is actually pretty spacious, and there’s a separate kitchen with space for prepping. (One issue: only one closet.) It’s asking $465,000. [Floorplan]

Poll

Which apartment would you buy for under $500,000?

This poll is closed

  • 23%
    Upper East Side
    (218 votes)
  • 19%
    Sunnyside
    (176 votes)
  • 13%
    Midtown
    (127 votes)
  • 11%
    Grand Concourse
    (104 votes)
  • 32%
    Park Slope
    (295 votes)
920 votes total Vote Now