If you dream of living on the Upper West Side, consider checking out the northern section, Manhattan Valley. The area has slightly lower prices than other parts of the neighborhood while being conveniently located near two of the largest parks in New York City, Riverside Park and Central Park. Our Deal of the Week, 237 W. 109th St. #3D, is a bright 2-bedroom, steps from Broadway and the subway.
The Price: $685,000
The median price for a 2-bedroom apartment on the Upper West Side is $1,650,000, and $1,775,000 for all of Manhattan. Our Deal of the Week is around $1 million less (!!!) than the median for the nabe and the borough.
Buyers who choose to put down the 20% minimum down payment of $137,000 can expect to see monthly payments of $3,432. This includes a mortgage payment of $2,424 and a maintenance fee of $1,008. By comparison, the median rent for a 2-bedroom on the UWS is $4,493.
Why You’ll Love It…
Airy and bright, this Manhattan Valley apartment is bursting with vintage charm. In addition to a separate kitchen, you’ll find a formal dining room, a living area, and 2-bedrooms all separated by glass-paned French doors. The rooms can be switched or utilized in any way you choose. (Hello, home office!)
The cozy abode is located in a charming, pet-friendly building with a laundry room and bike storage. The new inhabitant can also install their own for in-unit washer and dryer. Heads up midtown commuters, the 1 train at 110th Street is just a block away. And if social distancing has you craving outdoor space, Riverside Park (and it’s spanking new skate park) can be your new playground. There’s also a slew of nearby restaurants offering take-out, like Absolute Bagels and Shake Shack.
… And Why You Might Not
As with many apartments brimming with old-timey charm, this one is a walkup. You’ll have two flights of stairs to climb to the third floor, which is better than being on the sixth floor. Also, one of the bedrooms lacks a closet (on the upside, it would make an excellent home office).
All that said, this place is a great deal that scores big, especially if you’re looking for a home in the Columbia University vicinity.
Check out the listing at 237 W. 109th St. #3D, listed by Carol Cappelletti of Corcoran.
Whether you’re looking to rent or to buy, find your next NYC apartment on StreetEasy.