This Washington Heights 2BR is priced $150,000 below the neighborhood median.
For those seeking an affordable home and great neighborhoods, a move uptown can be a great alternative to the outer boroughs. Washington Heights offers access to parks, water views, and plenty of awesome deals, like our Deal of the Week. The 2-bedroom co-op at 478 W. 158th St. #24 offers tons of style and storage space at a price that’s hard to beat.
The Price: $399,000
According to the latest StreetEasy Market Reports, the median asking price for an apartment in Washington Heights is $550,000. That puts our Deal of the Week at $150,000 less than the median for the neighborhood.
Buyers who pay the minimum 20 percent down payment of $79,800 can expect to see monthly payments of about $2,408. This includes a mortgage payment of $1,548 and the maintenance fee of $860 — not bad by NYC standards.
Why You’ll Love It …
This apartment is a true 2-bedroom, meaning that each bedroom has its own closet and window. Plus, the bedrooms are on opposite ends of the living room, providing a decent amount of privacy.
The apartment entrance is a long hallway, with two closets. Across from the closets is the separate eat-in kitchen, with one wall of white cabinets, countertops, and appliances. The other wall is exposed brick, with enough room for a small dining set.
The living room gets plenty of light from two windows, and the dark wood bedroom doors provide an element of prewar style. The entrance to the master bedroom gets French doors, with a curtain rod to cover them completely, while the second bedroom gets a single glass-pane door.
The apartment is located in the Roger Morris Co-op, a prewar building with plenty of amenities. It’s pet-friendly and has a live-in super, common laundry room, common garden, and extra storage. Additionally, copurchasing, parents buying, pied-à-terres, and sublets are all allowed, making this a great opportunity for all kinds of buyers.
The building is situated on a quiet, tree-lined street on the southeastern edge of Washington Heights, right near Highbridge Park. The B, C, 1 and A trains are all nearby, providing easy access to downtown.
… And Why You Might Not
This apartment is not especially spacious, lacking much room for a sizable dining set or for extra furniture in the bedrooms. The kitchen is especially tight, and a tad outdated. But for those looking for a starter 2-bedroom in a solid location with plenty of buying options, this could be a great match.
Check out the listing at 478 W. 158th St. #24, listed by Jane Calvin of Compass.
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