If you want to save money on a Manhattan home, you may want to consider searching uptown. The best deals are way uptown — further north than parts of the Bronx, in fact. Inwood is a small neighborhood in Upper Manhattan north of Washington Heights, with average prices far below the rest of the borough. It’s a quiet enclave filled to the brim with parks and bordered by water on three sides. That’s why we’ve chosen 60 Cooper St. #6K as our Deal of the Week. This spacious 1-bedroom measures in at 900 square feet, and is just one block away from Inwood Hill Park!
Learn more about our Deal of the Week!
The Price: $369,000
The median asking price for a home in Inwood was $429,000 this February — compared to Manhattan’s median asking price of $1.6 million — according to the StreetEasy Data Dashboard. That means our Deal of the Week is not only below the neighborhood’s median asking price, but also just a small fraction of the borough’s.
Buyers who stick with the 10% minimum down payment (relatively low for a co-op!) of $36,900 can expect to see monthly payments of $3,198. This includes a mortgage payment of $2,134 and a maintenance fee of $1,064.
Why You’ll Love It…
Enter this top-floor corner unit through an entryway that features a walk-in closet! Past the entryway is a large formal dining area which can also be used as an office, as it’s currently staged in the listing photos. This room also has a cute built-in cabinet and shelving. The giant living room is located through a unique half-wall and archway and features two north-facing windows. The windows in this unit face away from the street, so you shouldn’t get too much noise.
The kitchen still has its original built-in cabinetry, which offers a vintage yet sophisticated feel. It also features newer granite countertops, a tile backsplash, a new range, and a dishwasher. There’s a small breakfast nook through another archway, which could also be used as an office, so you have lots of flexibility!
This unit is definitely not short on storage space. In addition to the walk-in closet in the entryway, there’s a closet outside the bathroom and two closets in the bedroom. There’s also two medicine cabinets in the bathroom, which also features a tub with a sliding glass door. The bedroom can fit a king-sized bed and has two windows facing north and west, so you should get a good cross-breeze and great light.
This 1936-built co-op has central laundry, bike storage, a fitness room, and an elevator. There’s a pet-friendly policy as well. In terms of location, you’ll have your fair share of parks nearby. Inwood Hill Park is just one block away, and Isham Park, Fort Tyron Park, and Highbridge Park are all nearby, too. The A train stops less than 500 feet away at 207th Street, and the 1 train is about 0.3 miles away, so you can hop on an express train rather quickly when you do want to get downtown.
…And Why You Might Not
One oddity about the kitchen is the fridge’s location. It’s technically in the breakfast nook off of the kitchen, past the half-wall and archway, which could be a minor annoyance. Additionally, the pet-friendly policy only allows up to one dog per unit. Besides those two quirks, this place is certainly tough to nitpick!
Check out the listing at 60 Cooper St. #6K, listed by Kelly Cole of Compass.
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