When nightlife finally comes back to NYC, the East Village is sure to be the place to go. From dive bars to cocktail lounges to one of the city’s best restaurant scenes, there’s something here for everyone. Our Deal of the Week, 241 E. 7th St. #6B, is an adorable East Village 1BR right in the center of it all, with laundry in the building and a terrific common roof deck.
The Price: $499,000
The median asking price for an East Village 1BR is $750,000, putting our Deal of the Week well below average — about two thirds of the norm for the neighborhood.
Buyers who choose to put down the 20% minimum down payment of $99,800 can expect to see monthly payments of $2,366. This includes a mortgage payment of $1,766 and a maintenance fee of $600. By comparison, the median rent for a 1BR in the East Village is $2,798.
Why You’ll Love It…
This top-floor East Village 1BR is bright, chic, and peppered with fun design details. Slim French doors lead to the sizable bedroom, which has two tall windows. There are more windows in the living room and renovated bathroom, which features a cute sliding barn door and a glass-paneled shower. In the kitchen, woodblock countertops complement the apartment’s cherry bamboo floors.
The home is located in a pet-friendly co-op with a laundry room, bike room, and additional storage space available. Even better is the landscaped common roof deck, just one flight up, with a barbecue and amazing skyline views. Tompkins Square Park is only a block away, and a few blocks in the other direction is East River Park, perfect for running, tennis, and other sports.
Downtown Homes Under $650K on StreetEasy Article continues below
… And Why You Might Not
Like many great deals in the area, this East Village 1BR is a walkup — and a sixth-floor one at that. (On the upside, that means the lovely roof deck is only one short flight upstairs!) The kitchen is mighty small as well, and without a floor plan on the listing, it’s hard to tell if there are any closets in the space. But it’s a great deal, and a sweet perch to call your own in the middle of all the action.