With NYC real estate prices at historic lows, now’s your chance to nab the perfect apartment in your dream neighborhood. Well, OK, we can’t promise perfect. But if you’re dreaming of the Upper West Side, our Deal of the Week comes pretty close. This Manhattan Valley 2BR, 237 W. 109th St. #3C, is a spacious co-op with charm to spare. Plus it’s just down the street from the Columbia University campus — and two blocks from Riverside Park.

The Price: $656,000

Manhattan Valley is the northernmost section of the Upper West Side. The median asking price here is $1.5 million, according to the StreetEasy Data Dashboard. That puts our Deal of the Week at less than half the average price for the neighborhood!

Buyers who put down the 20% minimum down payment of $131,200 can expect to see monthly payments of $3,262. This includes a mortgage payment of $2,264 and a maintenance fee of $998.

Why You’ll Love It…

Many NYC apartments combine the dining room, living room, and kitchen in the name of an “open floor plan.” This can lead to jumbled furniture layouts with no room for a dining table. That’s not the case here: Each area is distinct from the next, including a dining room and a living room. Use the bonus space for formal dining, or get creative and make it a home gym or office. Either way, both rooms are generously sized, and each one has a proper bedroom adjacent to it. French doors leading to the main bedroom offer an airy, light vibe that’s helped along by 10-foot ceilings.

In addition, you’ll never be short on sunshine in this Manhattan Valley 2BR. It boasts exposures facing three different directions throughout the unit. Even the kitchen and bathroom have windows! The kitchen is also outfitted with a dishwasher, as well as a whole lot of cabinet space. It’s fairly large, too, with plenty of room for an eat-in breakfast nook.

Finally, the building offers laundry facilities and bike storage. And it even has a shared backyard complete with a grill and a ping-pong table! The location is super-convenient to lots of green space, including Riverside Park, Morningside Park, and the Columbia campus. It’s also just a few blocks to the northwest corner of Central Park.

Upper West Side 1-2BRs Under $750K on StreetEasy Article continues below

… And Why You Might Not

Sadly (but predictably), this Manhattan Valley 2BR is a walkup. But it’s only on the third floor, so it’s not too many stairs. And while the bedrooms aren’t tiny, they may leave something to be desired in terms of storage. The larger bedroom currently has a curtain hung to form a makeshift closet. But with some light handiwork, that alcove could easily become a proper closet.

Check out the listing at 237 W. 109th St. #3C. To learn more, contact a StreetEasy Expert on the listing. (StreetEasy Experts are agents with proven experience in a particular building or area.)

Whether you’re looking to rent or to buyfind your next NYC apartment on StreetEasy.