SoHo is one of the trendiest neighborhoods in NYC touting some of the highest prices in all of Manhattan, on par with Tribeca. But it’s not impossible to own in the neighborhood for less than $1 million — just take a look at 64 MacDougal St. #22. Our Deal of the Week is a SoHo 1-bedroom with large windows, exposed brick, and gorgeous details throughout.
Learn more about our Deal of the Week!
The Price: $665,000
The median asking price for a home in SoHo was $4.5 million this February, according to the StreetEasy Data Dashboard. That means our Deal of the Week is less than 15% of the median asking price for the neighborhood!
Buyers who put down a 20% down payment of $133,000 can expect to see monthly payments of $4,584. This includes a mortgage payment of $3,573 and maintenance fees of $1,011. Monthly payments are also far below the median asking rent in the neighborhood, which was $7,348 this February!
Why You’ll Love It…
Enter this unit through its galley-style kitchen adorned with original tin ceilings, metal countertops, custom cabinetry, and open shelving. There’s a good amount of counter space to prep food, plus a full-size fridge and oven, which aren’t always givens in smaller NYC apartments. The kitchen also has a pass-through window and open doorway to the living room, plus a unique window that opens to the bathroom for even more natural light. Speaking of natural light, there’s plenty of it in this unit thanks to five oversized windows facing north and east. Not to mention, some of the windows provide views of the Empire State Building!
Hardwood floors and exposed brick walls can be found throughout the apartment, providing a timeless and classic vibe. The living area has a ceiling fan and two huge windows, plus enough space for a desk or small dining nook. Antique barn doors separate the living room from the queen-sized bedroom, which features two more windows and a built-in closet.
On the other side of the living room is the bathroom, outfitted in white tile with blue accents. A stall-style shower, built-in storage, medicine cabinet, and another window round out the space. Plus, there’s the window to the kitchen, which adds yet another pop of blue!
This unit is located in a pet-friendly co-op building that recently updated its exterior. Residents share a gorgeous common patio, and subletting is permitted after two years. Additionally, a washer/dryer can be installed with board approval. There are tons of transit options nearby, including the A, C, E; B, D, F, M; R, W; 6; and 1 lines. You’re right near restaurants like Hamburger America, Banter NYC, and The Dutch, plus cultural cornerstones such as the Film Forum, SoHo Playhouse, and Comedy Cellar. In short, this unit is accessible to the best of SoHo, the West Village, and Greenwich Village!
…And Why You Might Not
This home is on the top floor of a six-story walk-up — not for the faint of heart. There aren’t any true closets in the unit, apart from the built-in storage in the bedroom. And overall, the apartment is on the smaller side. But you’d be hard-pressed to find a better unit in SoHo at this price point!
Check out the listing at 64 Macdougal St. #22, listed by Barbara Helms and Chris Casey of Sotheby’s International Realty.
Thinking about buying in NYC? Chat with our complimentary, licensed Concierge to learn about the buying process.
