Scoring a 2-bedroom apartment in Manhattan for under $500K might seem like a pipe dream, but it is possible! Uptown neighborhoods have been increasing in popularity in recent years, in no small part because of stellar spots like this one. Our Deal of the Week, 474 W. 158th St. #51, is a bright and spacious Washington Heights 2BR with tons of vintage charm.
The Price: $499,000
The median asking price for an apartment in Washington Heights is $620,000, according to the StreetEasy Data Dashboard. That puts our Deal of the Week at more than $100K below average for the area.
Buyers who put down the 20% minimum down payment of $99,800 can expect to see monthly payments of $3,011. This includes a mortgage payment of $1,806 and a maintenance fee of $1,205.
Why You’ll Love It…
High ceilings and tall windows help make this Washington Heights 2BR feel lofty. The large, separate living and dining rooms are connected via a gorgeous set of French doors to make one enormous, super-sunny space. It’s all outfitted in decorative old-school molding for a big helping of prewar magic.
Both bedrooms, one larger and one smaller but still spacious, are situated off of the main living area. The separate kitchen has lots of counter and storage space, a cheerful turquoise backsplash, and a huge bright window. The bathroom is also windowed, and it continues the home’s vintage-chic vibes with a deep clawfoot tub.
Location-wise, our Deal of the Week is ideally situated right near Highbridge Park, offering lots of space to spread out with a book, go for a run, or enjoy the Harlem River views. The C, 1, and B trains are all nearby too, for quick trips downtown.
NYC 2BRs Under $650K on StreetEasy Article continues below
… And Why You Might Not
The co-op building this Washington Heights 2BR resides in offers a laundry room and bike storage, but one thing it does not offer is an elevator. Yes, this is a walkup. In addition, there does not appear to be a single closet in the entire apartment, so get ready to get creative with storage and organization. But for this much space at this price, it’s well worth a look — and don’t miss the 3D tour on the listing.
Check out the listing at 474 W. 158th St. #51, listed by the Catalyst Team at Compass.
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