Manhattan buyers who want a little more space for their money can’t go wrong with uptown neighborhoods like Washington Heights and Inwood. These nabes at the top of the borough offer median asking prices that are less than half those of the greater borough, as well as tons of green space and transit options. Plus, there’s a decent amount of updated housing stock in elevator buildings, like 4260 Broadway #508. Our Deal of the Week is a gut-renovated 2-bedroom in the heart of Fort George.
Learn more about our Deal of the Week!
The price: $540,000
The median asking price for a home in Washington Heights was $540,000 this February, according to the StreetEasy Data Dashboard, which means our Deal of the Week is right on par with the median neighborhood. The price is also well below Manhattan’s median asking price of $1.5 million.
Buyers who put down the 20% minimum down payment of $108,000 can expect to see monthly payments of $4,018. This includes a mortgage payment of $2,802, common charges of $646, and taxes of $570.
Why you’ll love it…
The U-shaped kitchen is the star of the show in this condo, featuring herringbone backsplash, sleek white cabinetry, and marble countertops. The long breakfast bar provides space for three barstools, making it a great place for entertaining, prepping food, or eating meals. There’s also a full suite of stainless steel appliances including a microwave, full-size fridge, and oven with range. In addition to the natural light you’ll get from the room’s window, three globe lights hang over the breakfast bar, and you’ll find handy lighting under the cabinets.
The unit also has recessed lighting throughout, in addition to ceiling fans. An exposed brick wall in the foyer and living area perfectly complements the hardwood floors for a timeless, chic feel. The foyer also has two closets, one of which houses a stacked washer and dryer! There’s another closet outside the windowed bathroom, which features marble tile, a spacious vanity, and a shower/tub combo.
Each of the two bedrooms also features a spacious closet and a window. The first bedroom is located off the living room via a large doorway with pocket doors. This space could also be used as a dining room or office, but built-in shelving and a closet make it functional as a bedroom, too! The second bedroom is on the opposite end of the apartment and features two large closets.
This unit is located in an elevator building with a live-in super right near the George Washington Bridge. Also nearby are green spaces like Fort Washington Park, Highbridge Park, and Fort Tyron Park, as well as transit options like the A and 1 trains. There’s also a plethora of restaurants on the surrounding blocks, including La Casa Del Mofongo, Le Cheile, and Refried Beans.
…And why you might not
The living area is on the smaller side, and likely won’t fit a dining set if not combined with the connected bedroom. Most of the windows in the unit face another building, but don’t seem unreasonably close to one another. So if you’re searching for a home uptown, be sure to save this one!
Check out the listing at 4260 Broadway #508, listed by Sam Okine of The Agency.
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