The Market

StreetEasy’s Most Wanted: Buying below the equator (or at least below $600k)

By Sara Alessi  | June 1, 2012 - 10:46AM

If you thought it was impossible to buy a decent NYC apartment for under a million, let alone $600k, think again! These apartments -- albeit small -- do exist, so if you’re flying solo, have a small family or are simply looking to make an investment in real estate, take note.

This week, StreetEasy’s Most Wanted -- the 10 listings saved most often by folks perusing this week -- highlights a group of apartments for under $600k that may just be worth a peek.

Go really low with a $299k one-bedroom co-op (pictured) on 8th Avenue in Park Slope between President and Carroll Streets. Though it’s a walk-up, the unit’s been redone, is in move-in condition and boasts a Juliette balcony. Maintenance at $387 is a plus. Note: Fido’s not allowed.

A studio co-op for $349k on West 12th Street between 6th and 7th Avenues in Greenwich Village also has relatively low carrying charges (maintenance $497). There’s no doorman, but the buying policy is flexible, allowing parents purchasing for their kids, pied-a-terres and unlimited subletting for lease terms as short as six months. 

Over on the East Side in Yorkville, no board approval is necessary for a $575k two-bedroom condop on East 87th between First and Second Avenues. The renovated apartment can become your new home or your newest investment (it’s currently being rented for $2,500/month, and the lease expires on November 30). There’s a new kitchen, private garden, and central a/c to beat the summer heat that’s already begun to creep up on us.

Common charges of $248 for a $599k  two-bedroom prewar condo on 7th Street in Park Slope add to the perks of this walk-up, which has a custom kitchen with Bosch appliances and a hi-capacity W/D. The R, F and G trains are just two blocks away, and public schools on 5th Avenue are steps away.

Check out the rest of the Most Wanted below. And when you’re ready to get more serious about your search, no matter what your price range or intentions for the space, let BrickUnderground’s free Agent Referral Servicehelp you find an agent.

  1. 707 Union Street—6-bed multi-family, $1.425m
  2. 175 West 12th Street—studio condo, $425k
  3. 115 8th Avenue—1-bed co-op, $299k
  4. 320 Central Park West—3-bed co-op, $1.85m
  5. 255 West End Avenue—3-bed co-op, $1.2m
  6. 2 Charlton Street—1-bed co-op, $895k
  7. 145 West 27th Street—2-bed condo, $1.499m
  8. 149 West 12th Street—studio co-op, $349k
  9. 344 East 87th Street—2-bed condop, $575k
  10. 307 7th Street—2-bed condo, $599k

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