This Yorkville 2BR is asking more than $1 million less than the neighborhood’s median price.
Yorkville often presents a slightly more affordable option for those seeking apartments on the Upper East Side. With the Q train in addition to the Lexington Avenue trains, the neighborhood offers short commutes to Midtown and has easy access to some of the city’s best parks and hospitals. Located just off of Third Avenue, our Deal of the Week at 204 E. 90th St. #3W is a conveniently located Yorkville 2BR with a spiffy renovation and price that can’t be beat.
The Price: $675,000
The median asking price for a 2-bedroom apartment on the Upper East Side is $1,750,000, while the Manhattan median is $1,895,000. That puts this apartment at $1 million below the median price for both the greater neighborhood and the borough.
Buyers who put down the 20% minimum down payment of $135,000 can expect to see payments of approximately $3,868. This includes a mortgage payment of about $2,616 and a maintenance fee of $1,252.
Why You’ll Love It …
The apartment is fresh off of a comprehensive renovation, which included power-washing, repairing and resealing the exposed brick walls. The renovations, however, really shine in the kitchen, where a new glass backsplash, stainless-steel appliances, under-cabinet lighting and white countertops create a clean, bright space for cooking. Floor-to-ceiling cabinetry offers an unusual amount of storage space.
Next to the kitchen is the windowed bathroom, nicely outfitted with a heated towel rack and a toilet that comes with a heated seat and a bidet. The master bedroom can fit a king-size bed and has a roomy closet, plus three windows. The second bedroom is right next door. The co-op is located in a pet-friendly, prewar building with laundry in the basement.
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… And Why You Might Not
First and foremost, this apartment is not a true 2-bedroom. The second bedroom is much smaller and doesn’t have a closet. The space, however, could be used as a nursery or a home office. Secondly, the living area is undeniably small. Fitting both a dining set and living room furniture in the space may be difficult, but is possible. And finally, it looks like this one is on the third floor of a walk-up building. But for those who don’t mind a few extra steps and are looking for an Upper East Side place with a great price — this is one to consider.
Check out the listing at 204 E. 90th St. #3W, listed by Jared Goldman of Compass.
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