According to StreetEasy’s latest market reports, the bottom 20% of the Manhattan market is the one segment where prices are still rising. So while Manhattan buyers looking for a low-priced bargain may face slim pickings this season, our monthly roundup of discounted Manhattan apartments could come in handy. While some of these units are priced a bit higher, all have seen substantial recent discounts, from $50,000 all the way up to $255,000. Let’s check ’em out.
This turn-key co-op hit the market in January for $1.25 million. Less than a month later, it got a 20% price cut, and is now listed for $995,000. The home offers a spacious layout with ample storage and is located in a lovely prewar building literally steps from Central Park. Listed by Daniela Kunen of Douglas Elliman.
The recent discount at this 2-bedroom dropped the asking price by 14% to just under $600,000. The unit offers a smart layout with 2 generously sized bedrooms and a renovated kitchen and bathroom. The building is an Upper West Side beauty, offering a full-time doorman and a location just west of Central Park. Takk Yamaguchi and Danielle Stout of Compass represent the listing.
This 1-bedroom, 2-bathroom unit hit the market in early January for $569,000. Just a month later, it got a 12% reduction, knocking the price down to an even $500,000. The apartment offers a unique triplex layout measuring 780 square feet, a working fireplace, and some thoughtful built-ins. The property sits in centrally located co-op building with a full-time doorman. Rory S. Clark of Halstead represents the listing.
This Upper Manhattan 1-bedroom hit the market in January and just got a 15% price reduction. Now asking $340,000, the home offers an in-unit washer/dryer, a renovated kitchen and bathroom, and lovely detailed woodwork. The apartment is in a pet-friendly HDFC building. Patrick Lilly and Jasmin Abrol of CORE represent the listing.
This oversized alcove studio offers a smart layout containing a separate dining area, large living room, and ample storage space. The unit is located in a pet-friendly co-op with a full-time doorman. It’s also worth noting: This is a sponsor unit and does not require board approval. Erez Rose of Compass represents the listing.
Though this is a roundup of five discounted Manhattan apartments, we couldn’t help but include a sixth option: a 2-bedroom in lovely Prospect Heights, Brooklyn. It offers a 1,356-square-foot layout, an expansive living room, and a gorgeous kitchen outfitted with marble countertops, subway tiles and a Bertazzoni stove. In the bathroom, prewar details abound, including a stunning clawfoot tub. The building is steps from Prospect Park and directly across from the Brooklyn Museum and the Brooklyn Botanic Garden. Angela Peterkin and Keisha Booker of AP Realty Group represent the listing.