Think it’s impossible to find a 1-bedroom apartment in Manhattan with in-unit laundry under $500K? Think again. Our Deal of the Week, 334 E. 77th St. #7, proves that sometimes you can have it all (or, close to it). This unit is located in the Lenox Hill area of the Upper East Side, on the second floor of a red brick co-op. The Q train at 72nd Street is just a few blocks away, too.
Learn more about our Deal of the Week!
The Price: $479,000
The median asking price for a home on the Upper East Side was $1.7 million this October, according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced at less than a third of the median asking price for the greater neighborhood!
Buyers who stick with the 20% minimum down payment of $95,800 can expect to see monthly payments of $3,440. This includes a mortgage payment of $2,352 and a maintenance fee of $1,088. The monthly payment is also below the median asking rent for the neighborhood, which sat at $3,800 this October.
Why You’ll Love It…
Featuring high ceilings and polished hardwood floors, this unit has an opulent and timeless feeling to it. Upon entering the unit, you’ll find an entryway leading to a hallway and the main living area. This open room contains both the living room and the kitchen, in addition to two large custom-built closets! Built-in shelving provides extra storage, too. Plus, the oversized north-facing windows overlook the quaint tree-lined street.
The corner-shaped kitchen boasts custom cabinetry and ample countertop space, in addition to the piece-de-resistance: an in-unit washer and dryer! The overhanging countertop can also be used as a breakfast bar or workstation.
Down the hallway, you’ll find the bedroom and the bathroom. The bedroom, which has a small window, fits a queen-size bed. You’ll find a stall shower outfitted in white tile in the bathroom, in addition to a small window, medicine cabinet, and vanity with storage.
The co-op this unit belongs to recently renovated its hallways, lobby, and brick masonry. Transportation is a breeze thanks to the nearby Q and 6 train stops, in addition to stops for the M79 and M15 buses. You’ll never run out of places on 2nd Avenue to try, from Boqueria to Up Thai. There’s also a live-in super in the building, and co-purchasing, parents buying, and gifting are all allowed.
…And Why You Might Not
Sadly, this co-op does not allow pets or pied-a-terres. The small bedroom doesn’t have a closet, meaning you might have to use one of the closets in the living area for your clothing and other bedroom storage. And while the shower in the bathroom is nice, some may not like being without a tub. Still, for under $500K on the UES, this one is hard to beat!
Check out the listing at 334 E. 77th St. #7, listed by Ben Jacobs of Douglas Elliman.
