Morningside Heights is nestled between the Upper West Side and Harlem, a perfect uptown location that still offers an easy commute downtown. Prices in the area are typically in the seven-figure range, but every once in a while an apartment like 549 W. 123rd St. #8B comes along. Our Deal of the Week is a Morningside Heights two bedroom with tons of closet space, huge windows, and an updated kitchen – all for under $700K.
Get to know our Deal of the Week.
The Price: $659,000
The median asking price for a home in Morningside Heights was $1.3 million this September, according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced at about half the median asking price for the neighborhood – which is even better when you consider it has two bedrooms!
Buyers who stick to the 20% minimum down payment of $131,800 can expect to see monthly payments of $4,826. This includes a mortgage payment of $3,472 and a maintenance fee of $1,354.
Why You’ll Love It…
Upon entering the apartment, you’ll be greeted by an entryway and hallway that feature just two of many closets in the home. In addition to these two, you’ll find three in the kitchen (which make for great pantry storage), two in the primary bedroom, and one in the smaller bedroom! You surely won’t run out of storage space here. Plus, that means this apartment is a true two bedroom, with both bedrooms featuring at least one closet and a window.
The living area has exposure facing both south and east, guaranteed to give you great light throughout the day. The large windows also offer views of the George Washington Bridge! Couple that with the new hardwood floors, and you have a tranquil but modern living arrangement. This apartment also comes with three permanently installed air conditioning units.
The living area is semi-separated from the kitchen, creating a nook that is perfect for dining. The kitchen has full-sized stainless steel appliances including a fridge, oven, mounted microwave, and dishwasher! White upper and lower cabinets offer a clean look and lots of space, while butcher block countertops add a modern touch.
Morningside Gardens is a co-op elevator building with 24-hour security, laundry rooms, a fitness center, game rooms, and an event space. There’s even an on-site daycare/early childhood education center affiliated with Columbia University. Just a couple of blocks from Riverside Park and Morningside Park, the co-op also has great access to green space, the 1 train, and nearby eateries like Nikko, Pisticci, and Jin Ramen.
…And Why You Might Not
The monthlies for this unit are definitely on the higher side, but you get many amenities in return. The bathroom is also a bit outdated, with some vintage-looking yellow tile in the shower. Plus, the window A/C units may not be the most aesthetic choice, but they’re much better than no A/C at all!
For this much space and this many amenities, this place is definitely a steal.
Check out the listing at 549 W. 123rd St. #8B, listed by Thomas M. Rozboril of Compass.