If you love the Upper West Side but don’t love its price tags, take a look at Morningside Heights. This neighborhood, perched between Riverside Park and Morningside Park, is home to Columbia University as well as lots of great housing stock — like 417 Riverside Drive #4D. Our Deal of the Week is a 1-bedroom in a full-service Morningside Heights building with original details throughout.
Learn more about our Deal of the Week!
The Price: $629,000
The price for a home in Morningside Heights was $900,000 this January according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced at about 70% of the median asking price for the neighborhood!
Buyers who put down a 20% down payment of $125,800 can expect to see monthly payments of $4,305. This includes a mortgage payment of $3,222 and maintenance fees of $1,083. Monthly payments are also below the median asking rent in Morningside Heights, which was $4,500 this January.
Why You’ll Love It…
Who can resist prewar charm in an updated package? When entering the unit, you’ll immediately be greeted by some of its best features including parquet hardwood floors, beamed ceilings, and original moldings. The doors are all real wood as well, and the huge windows let in lots of light while adding a vintage touch. The living room has several built-in bookcases, so no need to haul tons of shelving or DIY storage solutions here.
The kitchen is open to the living room and features full-size appliances including a dishwasher, oven, fridge, and mounted microwave. A galley-style layout provides lots of space for granite countertops and a breakfast bar. Plus, there are two rows of overhead cabinets extending to the ceiling in addition to plenty of undercounter cabinetry.
A short hallway leads to the bathroom, bedroom, and a hall closet. The windowed bathroom is outfitted in classic white wall tile and includes both a separate tub and glass-walled shower. The bedroom has two exposures — facing southeast and southwest — as well as a sizable closet. And don’t miss the intricate inlays in the hardwood floors in this room!
Not only is this unit well-equipped inside; it’s located in a full-service elevator building with a full-time doorman, live-in super, bike room, and laundry room. Cats and dogs are both permitted, and parents buying and pied-à-terres are allowed. Buyers can also install their own in-unit washer/dryer with board approval.
The building’s location on Riverside Drive provides easy access to both Riverside and Morningside Parks. The surrounding blocks are home to plenty of coffee shops, bars, and restaurants such as Le Monde and Tom’s Restaurant. Nearby grocery stores include Westside Market, H Mart, Lidl, and Whole Foods. Transit-wise, the building is right near stops on the 1, B, and C trains as well as the M5 bus.
…And Why You Might Not
The living room and kitchen area probably isn’t large enough for a full-size dining set in addition to sofas and armchairs. The kitchen appliances aren’t stainless steel, which isn’t everyone’s cup of tea. But as a unit with a dishwasher, separate shower and tub, and access to shared amenities all for under $700K, this one is certainly a deal!
Check out the listing at 417 Riverside Drive #4D, listed by Maryann C Johnson of Brown Harris Stevens.
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