Generally speaking, New York’s home inventory is at a post-pandemic high. But things are actually a bit tight when it comes to NYC apartments for $550K. It’s a very competitive price point: There are only about 150 total units on the market across all five boroughs. Here are some of the most popular options in Manhattan and Brooklyn. See what you think!
Our tour of NYC apartments for $550K begins in leafy Fort Greene. This spacious 1-bedroom is part of Kingsview Homes, a post-war co-op complex that packs a punch when it comes to outdoor space. It has its own landscaped gardens, plus it’s directly across the street from Fort Greene Park! At 700 square feet, this unit boasts a foyer entry, separate dining area, and four closets. The remodeled kitchen is outfitted with a dishwasher and a Wolf gas range. No wonder more than 155 StreetEasy shoppers have their eye on this one.
This bright and airy condo is an even bigger hit with StreetEasy shoppers. It features nine-foot ceilings and six windows. That includes one in the stylish open kitchen, which also sports a dishwasher and breakfast bar. A washer/dryer hookup is ready to roll. Best of all, this NYC apartment for $550K is in an ideal spot where Boerum Hill meets Park Slope and Prospect Heights. That private storage unit doesn’t hurt either!
Brooklyn Homes Under $650K on StreetEasy Article continues below
Weeksville is finally getting the attention it deserves. Our next NYC apartment for $550K shows off the lovely housing stock available in this Brooklyn enclave. The 1-bedroom condo is part of a boutique brownstone conversion. A thoughtful kitchen delivers ample counter space and a dishwasher. Split AC units and an in-unit washer/dryer add convenience. In addition, do not underestimate how much you’ll save with monthlies under $400. Worth a hard look!
Heaven knows there are a lot of Hell’s Kitchen fans, and here’s a fabulous way to live there. This prewar 1-bedroom sports charm along with a remodeled kitchen. It boasts a foyer entry, high beamed ceilings, cherry cabinets, and original hardwoods. Plus, there’s a nice deep soaking tub in the windowed bathroom. It’s a sweet home in one of city’s best locations, near Columbus Circle, Central Park, Broadway, and more.
Manhattan Homes Under $650K on StreetEasy Article continues below
We end our tour of NYC apartments for $550K in West Chelsea. This is a studio, but with 580 square feet of space and a setting in the coveted London Terrace Towers, it lives like a lot more. For example, the separate kitchen is nicely remodeled, with stone counters and a dishwasher. Beamed ceilings, a large bathroom, and sunny courtyard views add to its allure. As does the building’s massive indoor swimming pool!
Whether you’re looking to rent or to buy, find your next NYC apartment on StreetEasy.