The Upper West Side is a huge neighborhood with lots of great pockets, from the opulent buildings of Central Park West to the quieter streets of Manhattan Valley. But one thing is consistent throughout: the increasingly large price tags. Every once in a while, however, you come across a great deal like 233 W. 99th St. #19A. Our Deal of the Week is a studio with lots of storage space in an elevator building. It’s also the sponsor unit of the building, meaning you won’t have to go through co-op board approval in order to purchase it!
Get to know our Deal of the Week!
The Price: $450,000
The median asking price for a home on the Upper West Side was $1.8 million this October, according to the StreetEasy Data Dashboard. That puts our Deal of the Week’s price at just a quarter of the median asking price for the neighborhood!
Buyers who stick to the 20% minimum down payment of $90,000 can expect to see monthly payments of $3,067. This includes a mortgage payment of $2,200 and a maintenance fee of $867, which isn’t bad by New York City standards. Plus, the monthly payment is far below the Upper West Side’s median asking rent, which sat at $4,550 this October.
Why You’ll Love It…
Although this unit is a studio, it has ample separation when it comes to its spaces. There’s one large living and sleeping area, but there’s also a foyer with access to the bathroom and a unique archway into the main room. The kitchen is also tucked away in a separate nook from the living area, so you won’t have to worry about cooking right next to your bed.
Speaking of the kitchen, it has a sizable window letting in great light, a decent amount of storage space, and a full-size refrigerator (which isn’t always the case when it comes to NYC studios). The bathroom also has its own window and is outfitted in brown subway tile.
The main living area has a double-door closet and enough room for a bed, couch, and small dining set. A large window, similar to the one in the kitchen, keeps the place well-lit throughout the day. Hardwood floors with a herringbone pattern and an ornate border make the place feel a little vintage and old-school.
This unit is located in a pre-war co-op building with a part-time doorman, live-in super, bicycle storage, and elevator. There are also common laundry and storage facilities in the building. Plus, pets and pied-a-terres are both allowed! Located on Broadway and 99th Street, the building has easy access to lots of restaurants and shops. Whole Foods and Target are just a couple of blocks away at Columbus Avenue and 97th Street, in addition to Riverside Park.
…And Why You Might Not
The bathroom is a bit outdated, especially the pedestal sink and the toilet. The kitchen doesn’t have a lot of counter space, although that’s to be expected in a studio. But considering the location, amenities, price, and co-op sponsor unit status, this studio is hard to beat!
Check out the listing 233 W. 99th St. #19A, listed by Sean Jadidian of Douglas Elliman.
