As median asking prices in Manhattan close in at $1.5 million, it’s hard to imagine finding an apartment that checks all the right boxes for under $500K. But 305 W. 150th St. #511 manages to do it, offering in-unit laundry, a dishwasher, and ample storage space for just a fraction of Manhattan’s averages. Our Deal of the Week is a Central Harlem 1-bed just across the street from Jackie Robinson Park that measures around 600 square feet.
Learn more about our Deal of the Week!
The Price: $375,000
The median asking price for a home in Central Harlem was $780,000 this December, according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced under half the median asking price for the neighborhood!
Buyers who put down a 10% down payment of $37,500 can expect to see monthly payments of $3,350. This includes a mortgage payment of $2,172, common charges of $547, and taxes of $631. Monthly payments are also right on par with the median asking rent in Central Harlem, which was $3,300 this December.
Why You’ll Love It…
Enter this top-floor unit and into the kitchen, which houses two of the most sought-after amenities in NYC: a dishwasher and a washer/dryer. No more running down to a common laundry room as soon as your laundry’s done, or hauling a hamper to the laundromat. Additionally, the windowed kitchen includes a full-size oven, fridge, and mounted microwave. Caesarstone countertops and under-cabinet lighting offer a sleek feel, while a peninsula creates lots of extra counter space for prepping food or entertaining.
The living room is open to the kitchen and features a wall of built-in shelving for easy and stylish storage. There are two more windows in this space, plus wide-plank oak flooring for a timeless look. Through a doorway, the bedroom has three different exposures thanks to its unique shape. You’ll also find a large closet with sliding doors in addition to some more built-in shelving.
The bathroom also has a window, meaning that every room in this apartment has at least one! Decked out in a monochromatic look, the room features a Duravit soaking tub and spacious vanity.
This condo comes with its own private storage cage in the building as well as access to some great amenities. The pet-friendly elevator building boasts bike storage, a fitness center, a live-in super, a resident lounge with a pool table, a common garden, and a part-time doorman plus a virtual doorman. Location-wise, it’s located just across the street from Jackie Robinson Park, offering athletic fields, a recreation center, and a swimming pool. Restaurants like Charles Pan-Fried Chicken, Famous Fish Market, and Jacob Restaurant are nearby, and jazz clubs, coffee shops and other eateries abound on the surrounding blocks. The A, B, C, D, and 3 trains are all within a few blocks for easy transit.
…And Why You Might Not
There’s no central A/C, but the numerous exposures mean you can install window units come summer. And while the sheer number of windows is a huge draw, some of them do appear to be pretty close to other buildings. But if you’re looking to buy affordably in Harlem, be sure to check this one out!
Check out the listing at 305 W. 150th St. #511, listed by Daoud Heidami, Carina Avila, and The Catalyst Team at Compass.
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