Who doesn’t want a piece of uptown living? With brownstone-lined streets, access to both Riverside Park and Central Park, and great cultural venues all around, the Upper West Side is a classic New York neighborhood. And while it often comes with a steep price tag, our Deal of the Week proves there are still some deals to be found. This West 87th Street 1BR has excellent features and sits on a beautiful block.
The Price: $475,000
According to the latest StreetEasy Market Reports, the median asking price for a 1-bedroom on the Upper West Side is $895,000. This place is priced at nearly half that.
Buyers who put down the minimum 20 percent down payment of $95,000 can expect to see monthly payments of $2,759. This includes a mortgage payment of $1,892 and a maintenance fee of $867.
Why You’ll Love It …
This apartment is located in a charming, classic brownstone, on a block lined with similar houses. It’s full to the brim with prewar details, such as the decorative fireplace in the living room, tall wooden doors, high ceilings, and large, south-facing windows.
The semi-detached kitchen is all-new, with granite countertops, a dishwasher, gas stove, white cabinetry, and LG fridge. A breakfast bar offers a window into the living room, which has space for a small dining set and a seating area.
The bathroom is located off the living room, as is the bedroom. There’s a closet in the bedroom and a linen closet in the living room.
Location-wise, the apartment is halfway between Riverside Park and Central Park, and five blocks from the American Museum of Natural History. Of course it’s surrounded by great cafes and restaurants. The 1, 2,3, B, and C trains are all nearby, providing easy access to the rest of the city.
Subletting, co-purchasing, parents buying, and pied-à-terres are all allowed, making this a great option for all kinds of buyers.
Upper West Side 1BRs and Studios Under $600K Article continues below
… And Why You Might Not
This unit is on the fourth floor of a walk-up building, and is definitely on the smaller side. The bedroom basically only has room for a queen-size bed and one additional piece of furniture. But for those looking to carve out their own serene space in a great neighborhood — and on a tight budget — this place is definitely worth a look.
Check out the listing: 138 W. 87th St. #4R, listed by Laura Cook of Keller Williams.
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