The $700,000 price point in NYC is an interesting ‘tweener price between the highly competitive $500,000 and the more rarified listings around $1M. What buyers can expect are larger 1-bedrooms, including top listings in reputable co-op buildings on the Upper East Side, Morningside Heights, Brooklyn Heights, and Greenwich Village. The best deal may be on Roosevelt Island. Let’s roll!
The lure of Bleecker Court is the prewar co-op’s prime Greenwich Village location near NYU and Washington Square Park. This high-floor 1-bedroom is one of 243 units in the building, and it boasts a renovated kitchen and new HVAC units in each room. There’s laundry on the floor and it’s pet-friendly with a 24-hour doorman. The maintenance on this unit is $1,564. Shelly Russell at Corcoran is the listing agent who has priced this well under the neighborhood’s $1.149M median asking price for 1-bedrooms.
This apartment weighs in at a list price below the $799K median asking price for 1-bedrooms in Brooklyn Heights — a discount that might reflect its ground-floor location. The co-op building does offer a lovely courtyard garden on a mews for residents to share and is well situated near the promenade and all the best things about this historic hotspot. Maintenance is under $1,000 and pets are welcome on approval. Nancy Giddins at Brown Harris Stevens is the seller’s agent.
Search More Manhattan Sales Under $700K Article continues below
Making a home on the Upper East Side is a very adult way to go in NYC, and this 1-bedroom on East 79th Street is a solid purchase opportunity in one of Manhattan’s most stable if not entirely flashy neighborhoods. Excellent interior condition and a layout to aid privacy is the hallmark of this unit, along with its setting in a top-notch prewar co-op building with doorman, gym, garden, and storage. Monthlies are under $1,400 and the best news for long-term investment is that the building allows sublets. Kym Spiegel at Douglas Elliman is the listing agent.
Here’s one to consider in Roosevelt Island. At just under 1,000 square feet, this large 1-bedroom features excellent interior condition: New floors, molding, skim-coated walls and updated kitchen and a new second half-bathroom. The $700 price per square foot is pretty alluring, since it’s well under the Roosevelt Island median of $903 price per square foot! Amenities in Rivercross include a huge indoor pool, fitness center, laundry rooms and landscaped exterior which makes this a true oasis just minutes to Manhattan via F train, the Roosevelt Island Tram or a new ferry service! No smoking and no dogs, says listing agent Suzanne Wolf at Corcoran.
A significant price drop from its original $735K list may help steer buyers to this 2-bedroom listing from Oliver Nicholas at HomeDax. It’s a high-floor corner unit with great views and abundant light. Both bedrooms can fit king-size beds. It last sold in 2016 when the list price was $675K, though no records are available for the actual sale price. It’s set in Morningside Gardens, a co-op complex with a fitness center, playroom, walking paths, recreation areas, parking, bike room, and storage. Bulk electric purchase saves residents on this utility cost. The 1 train is close by at 125th Street and the A, C, B and D lines are also a few blocks away.
Search More Brooklyn Sales Under $700K Article continues below