The Market

StreetEasy’s Most Wanted: Getting by with a little help from mom and dad

By Sara Alessi  | August 17, 2012 - 8:46AM

Snark as much as you like, but thanks to the sky high prices of NYC real estate, many young New Yorkers have no choice but to turn to their parents for some financial assistance. 

Enter this week’s edition of StreetEasy’s Most Wanted -- the 10 sales listings saved more often than any others by the folks surfing StreetEasy this week.

A $599,999 one-bedroom postwar co-op in Soho -- bordering the West Village -- allows parents purchasing for their kids, pied-a-terres and subleasing. Another big perk of this unit, which is located on King Street between Varick Street and Sixth Avenue, is that no board interview is required. To top it off, the apartment has been fully renovated and offers views of the Empire State Building. Note: No doorman but there's a live-in super.

Up in Kips Bay, in another post-war co-op, parents purchasing for kids, co-purchasers and pied-a-terres are welcome to pitch a hat in the ring for a $369k one-bedroom co-op on the corner of East 27th and Third Avenue. Immediate unlimited subletting is also permitted, and the apartment has a custom built-in home office. But all these freedoms come without a doorman (a new video intercom system is in place).

Over in the West Village, a five-flight walk-up two-bedroom condop on the corner of Morton and Hudson Streets going for $895k is pied-a-terre friendly (maybe for the parents this time). We couldn't find any pictures yet, but the listing for this top floor unit says it's been renovated and includes a dishwasher. 

If you don't need outside financial help, consider a $590k new-to-market one-bedroom co-op on West 21st and Ninth Avenue in Chelsea. No guarantors, co-purchasing or parents buying for children allowed.

Whether you're looking to buy your next home on your own or with a little help, check out the rest of the Most Wanted below

  1. 125 West 76th Street—3-bed co-op, $1.495m
  2. 43 East 10th Street—1-bed co-op, $679k
  3. 360 West 21st Street—1-bed co-op, $590k
  4. 529 East 12th Street—studio co-op, $297k
  5. 74 Jewel Street—3-bed multi-family, $845k
  6. 205 East 76th Street—3-bed condo, $1.85m
  7. 65 Morton Street—2-bed condop, $895k
  8. 50 King Street—1-bed co-op, $599.999k
  9. 160 East 27th Street—1-bed co-op, $369k
  10. 142 West End Avenue—1-bed co-op, $380k

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