We found a nice one bedroom in Greenwich Village for $750,000, but there's a catch
By Mimi O'Connor |May 14, 2018 - 3:00PM
The co-op has oak hardwood floors, moldings, high ceilings, and city views
Yes, it is still possible to find a nice one-bedroom co-op in Greenwich Village for less than $1,000,000. (And yes, we recognize the absurd nature of that statement. That said, 50 East 8th Street #6W, listed for $750,000 would be a nice place to call home.
Located in a post-war building, the one bedroom, one bath has oak hardwood floors, moldings, high ceilings, and city views. The "catch" is that the building does not own the land it is built on, otherwise known as a "land lease." (This is not necessarily a deal-breaker, however there are a few factors, such as how much time is left on that lease, that should be considered and it's something prospective buyers should be understand.)
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