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What $500,000 buys in NYC right now

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Five apartments, five NYC neighborhoods

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 $500,000.

A dining area with a wooden table, four red chairs, two bookshelves, and a light brown rug.
A kitchen with wooden cabinetry.
A large bedroom with a bed, a colorful rug, and a toy giraffe.
A living area with French doors, hardwood floors, and a yellow and white rug. Courtesy of Douglas Elliman
Ditmas Park

For $515,000, this cheery Ditmas Park one-bedroom has a ton of perks: a roomy living area, a “flex room,” a dishwasher, and five closets. There are also nice details like French doors, original hardwood floors, and penny tile floors in its bathroom. The co-op comes with a common laundry room but accepts only cats. Monthlies are somewhat high at $823/month.

A bedroom with hardwood floors, a medium-sized bed, a pink rug, and light purple walls.
A living area with hardwood floors, large windows, a leather couch, and a colorful rug. Courtesy of Halstead Real Estate
Midtown East

On East 57th Street, a one-bedroom co-op is up for grabs for $495,000. The spacious unit comes with a living area, one and a half bathrooms, plank wood floors, and its own private terrace. The building comes with an indoor/outdoor saltwater pool, a gym, and a common laundry room. Maintenance charges are notably high, at $3,547.37/month (perhaps because it’s a land-lease building.)

A living area with hardwood floors, a grey couch, a wooden coffee table, several planters, and a window.
A kid’s room with light grey walls, two windows, a small bookshelf, a bed, and a small rocking chair.
A kitchen with wooden cabinetry.
A dining area with grey walls, a wooden table, and several chairs. Virginia Carey/Courtesy of Compass

Meanwhile, in Midwood, a two-bedroom co-op is asking an even $500,000. The sweet apartment comes with a spacious living area, a dishwasher, hardwood floors throughout, and, most importantly, a private terrace. Plus, the building, located on East 17th Street, has a common laundry room. Monthlies are $998/month.

A living area with a large window, white walls, and a dark brown couch.
A small kitchen with white cabinetry. Courtesy of Warburg Realty
Morningside Heights

On La Salle Street in Morningside Heights, this one-bedroom co-op is on the market for $498,000. The 724-square-foot unit has a spacious living area and six closets. It’s located close to the bustling 125th Street thoroughfare, and the building has amenities like a playground, a day care, and a gym.

A living area with hardwood floors, beige walls, and a grey couch.
A bedroom with a medium-sized bed, a curved window all, light blue walls, and a planter.
A hallway with beige walls, hardwood floors, and a beige cabinet.
A kitchen with white cabinetry. Courtesy of Douglas Elliman
Jackson Heights

Finally, this charming one-bedroom co-op right outside the Jackson Heights Historic District is asking $520,000. It has a curved window wall in its bedroom, a roomy living room, and crown moldings. The building comes with a common roof deck, a common laundry room, and a bike room. Maintenance charges come in at $866/month.


Which NYC apartment would you choose for $500,000?

This poll is closed

  • 17%
    Ditmas Park
    (130 votes)
  • 15%
    Midtown East
    (119 votes)
  • 21%
    (161 votes)
  • 19%
    Morningside Heights
    (146 votes)
  • 25%
    Jackson Heights
    (191 votes)
747 votes total Vote Now