Home prices in Manhattan are climbing — the median asking price for a place in the borough was $1.5 million this November. But there are still deals out there if you know where to look — just hop on the A train uptown to our Deal of the Week, 359 Fort Washington Avenue #1C in Hudson Heights. The area is known for stunning greenery, great eateries, and easy access in and out of the city, thanks to its proximity to the George Washington Bridge.
The Price: $335,000
The median asking price for a home in Washington Heights was $589,000 as of November 2021, according to the StreetEasy Data Dashboard. That puts our Deal of the Week at about two-thirds of the median asking price for the nabe!
Buyers who stick with the 20% minimum down payment of $67,000 can expect to see monthly payments of $1,710. This includes a mortgage payment of $1,136 and a maintenance fee of $574 — that’s less than the median asking rent for the area ($2,195) — huzzah!
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Why You’ll Love It…
Prewar charm abounds here, from the crown molding to the tall ceilings. Upon entering this unit, you’ll be greeted by a formal foyer with a large closet. The living room is also a treat with its generous layout big enough for a dining table. And the warm wood floors are in impeccable condition. Heads up, home chefs! The galley kitchen is brimming with cabinetry, and there’s extra space for a baker’s rack. Our Deal of the Week also has a dreamy bedroom facing the courtyard — it’s big enough for a roomy king-size bed and small furnishings.
Finally, this uptown gem is situated in a six-story prewar building complete with an elevator, live-in super, laundry room, and, perhaps best of all, pets are allowed. There are top-notch green spaces nearby, too, including Fort Washington Park, which offers breathtaking views of the Hudson River.
Washington Heights Homes Under $650K on StreetEasy Article continues below
… And Why You Might Not
While the A train stops at 175th Street, mere feet from the building, it can take roughly 30 minutes to get to Midtown. Also, the unit appears to be on the first floor, but if you’re concerned about the sidewalk noise, the apartment doesn’t seem to face the street. Still, for the price, it’s hard to deny this place is a total catch.