Think it’s impossible to find an apartment in Manhattan under $500,000? Think again! Our Deal of the Week comes in at just $320,000 and is located in the historic Hudson Heights neighborhood. Not only is 875 W. 181st St. #4H a steal, it’s also located in a building full of amenities and conveniently located near public transit and parks!
The Price: $320,000
The median asking price for a home in Washington Heights was $575,000 this April, compared to $1.5 million for all of Manhattan according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced at $255,000 less than the median asking price for the neighborhood, and about a fifth of the median asking price for the borough!
Buyers who stick with the 20% minimum down payment of $64,000 can expect to see monthly payments of $1,961. This includes a mortgage payment of $1,468 and a maintenance fee of $493—not bad by NYC standards!
Why You’ll Love It…
You’ll get great light all day in this unit through its south-facing windows in the living room, bedroom, and bathroom. And the good vibes continue thanks to the hardwood floors, 9-foot ceilings, and glass-paneled doors throughout. In other words, the place is effortlessly chic without looking too modern or new.
But the unit is modern in all the places you want it to be, including the kitchen and bathroom. The kitchen features ample cabinetry both over and under the counters. Full-size, stainless steel appliances—including a mounted microwave—make cooking and meal prep super easy.
Down the hall in the bathroom, the shower has a rainfall showerhead and a soaking tub for a spa-like feel. The custom tiling and vanity provide a professional-looking touch. Unique texture continues into the bedroom, which features a wall of exposed brick as well as a wall of horizontal wood strip paneling. But the real star of the show is the walk-in closet!
This unit is located in a well-maintained elevator building with a bike room, storage lockers, package area, courtyard with grills and furniture, and common laundry. Located on 181st Street, you’ll have amazingly easy access to Fort Washington Park and all it has to offer: walking trails, the Little Red Lighthouse, and sports fields. The A and C trains are also just down the street for an easy commute downtown, and the 1 train is a 10-minute walk away.
… And Why You Might Not
This apartment is definitely on the smaller side, with only a kitchenette along one wall of the living area. There’s also only one closet in the entire unit, although it is a walk-in. But if space isn’t your number one concern, it’ll be hard to find a better deal in Manhattan!
Check out the listing at 875 W. 181st St. #4H, listed by Paul Chapru of Corcoran.
