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What $550,000 buys in NYC right now

Five apartments, five NYC neighborhoods

By Valeria Ricciulli

Welcome to Curbed Comparisons, a weekly column that explores what one can buy for a set dollar amount in various NYC neighborhoods. Is one man’s studio another man’s townhouse? Let’s find out! Today, we’re looking at apartments for sale for around $550,000.

A kitchen with white cabinetry and high top chairs.
A living room with a dark grey couch, a rug, hardwood floors, and large windows.
A kitchen with white cabinetry.
A bedroom with hardwood floors, a rug, grey walls, and a large bed. Courtesy of Halstead Real Estate
Forest Hills

This one-bedroom co-op in Forest Hills is asking $539,000. It has one bathroom, a living room area, a dishwasher, hardwood floors, and four closets. The building allows pets and has an elevator and a common laundry room. Maintenance charges are $953/month. It’s located on Ascan Avenue, between Austin Street and Queens Boulevard, mere steps from the E and F trains at 75th Avenue and near the Forest Hills Long Island Rail Road station.

A room with hardwood floors, a wooden desk with two chairs, a red rug, and orange walls.
A kitchen with wood cabinetry.
A living room area with a colorful rug, white walls, two large windows, a couch, and a fireplace.
A bedroom with hardwood floors, a small bed, and a large bookshelf. Courtesy of Douglas Elliman
Nomad

Asking a little bit more, $570,000, this studio co-op in Nomad has one bathroom, an eat-in kitchen, an original fireplace, and a walk-in closet. The building allows pets and has an elevator and a common laundry room. Maintenance charges amount to $1,131/month. It’s located on Fifth Avenue, between 30th and 31st streets, mere steps from Koreatown and near the Q, R, and W trains at 28th Street.

A kitchen with light grey cabinetry and an island with two high top chairs.
A living room area with hardwood floors, a couch, a painting on the wall, a TV, and a large window.
A bathroom with beige tiles.
A garden with wood fencing, several plantings, and a large dining table with several chairs. Courtesy of Douglas Elliman
Bedford-Stuyvesant

This Bed-Stuy studio condo is up for grabs at $550,000. It has one bathroom, one powder room, a recreation space in the cellar, and a 100-square-foot private garden. It also has hardwood floors, central A/C, a dishwasher, and in-unit washer/dryer. Taxes are $308/month and maintenance charges $244/month. It’s located on Willoughby Avenue, between Throop Avenue and Marcus Garvey Boulevard, near Pulaski Playground and the G train at Myrtle-Willoughby.

A living room area with a light brown couch, a red rug, hardwood floors, and several large windows.
A living room area with a light brown couch, a red rug, French doors, and large windows.
A bedroom with a large bed, white walls, large windows, and a colorful rug.
A kitchen with white cabinetry. Rise Media, courtesy of the Corcoran Group
Prospect Park South

On the lower side of the price spectrum, this two-bedroom co-op in Prospect Park South is asking $535,000. It has one bathroom, a living room area, a renovated kitchen, in-unit washer/dryer, and hardwood floors. The building allows pets and has a bike room. Maintenance charges are $864/month. It’s located on Stratford Road, between Caton and Church avenues, mere steps from Prospect Park, and near the B and Q trains at Church Avenue.

A living room area with a fireplace, a light brown couch, two red chairs, and a wallpaper.
A kitchen with wood cabinetry.
A bathroom with light pink tiles.
A fireplace surrounded by an imported wallpaper. Rich Caplan/Courtesy of Compass
Upper West Side

And, finally, this Upper West Side studio co-op is asking $559,000. It has one bathroom, a Murphy bed, hardwood floors, and a fireplace. It’s renovated and has plenty of lush details including a de Gournay imported wallpaper in the living area. The building has a bike room and a common laundry room. Maintenance charges are $962/month. It’s located on West 74th Street, between Columbus Avenue and Central Park West, mere steps from the park. The nearest trains are the A, B, and C at 72nd Street.

Poll

Which NYC apartment would you choose for $550,000?

This poll is closed

  • 9%
    Forest Hills
    (83 votes)
  • 12%
    Nomad
    (109 votes)
  • 13%
    Bedford-Stuyvesant
    (122 votes)
  • 43%
    Prospect Park South
    (393 votes)
  • 21%
    Upper West Side
    (196 votes)
903 votes total Vote Now

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