Buying in Manhattan doesn’t have to be a dream — deals are plentiful in affordable neighborhoods. Take Morningside Heights, for instance: This uptown nabe near Columbia University has plenty of historic character, and offers loads of convenience. Our Deal of the Week is a 2-bedroom in Morningside Heights with all of that plus a great price and low monthlies.
The Price: $579,000
According to the latest StreetEasy Market Reports, the median asking price for homes in Morningside Heights is $749,000 — a striking $170,000 above the listing price of our Deal of the Week. Buyers who put down the minimum 20 percent down payment of $115,800 can expect to see monthly payments of around $2,978. This includes a mortgage payment of roughly $2,328 and the maintenance fee of $650.
Why You’ll Love It …
Upon entering the apartment, you’re greeted by a long hallway leading to the first bedroom, bathroom, kitchen and living room. An exposed brick wall accents the living room, which flows into a dining area big enough for a full set. Four windows let plenty of light into this living space.
French doors off the living room lead into the second bedroom, with the master bedroom on the opposite end of the apartment. The bathroom has been recently updated, and has a full-size, enclosed tub and a second storage and vanity area.
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The kitchen has maple cabinetry and black granite countertops, and is separated from the living room by a peninsula. This makes the space open, perfect for entertaining or for using as a breakfast bar. Plus, there’s a dishwasher.
Located just near the 1, A, B, C and D trains, this apartment makes transportation throughout the city easy. Columbia University is right nearby, in addition to great restaurants, theaters, and libraries, not to mention Morningside Park, Riverside Park and Grant’s Tomb.
The co-op building has a common laundry room and bike storage, and allows pets. Co-purchasing, gifting, guarantors, and parents buying are all allowed.
… And Why You Might Not
Since the second bedroom here doesn’t have its own closet, this apartment isn’t a true 2-bedroom. The second room would best be used as a children’s room, guest room or office space. Also worth noting is that this apartment is on the fifth floor of what appears to be a six-floor walkup. So if you’re looking for a bright, starter 2-bedroom with plenty of options, and don’t mind getting your legs going, this home is worth checking out.