Kitchen and Bathroom Renovation

Hi All, First-time on Streeteasy, but a big fan of all the advice and commentary I've read on here so far. I'm looking at buying a 1 bedroom co-op with my significant other and hoping to set aside about 40k to renovate the kitchen and bathroom. I'm hoping to get a reality check on if the following is possible for the kitchen at the links below: ... [more]

Hi All, First-time on Streeteasy, but a big fan of all the advice and commentary I've read on here so far. I'm looking at buying a 1 bedroom co-op with my significant other and hoping to set aside about 40k to renovate the kitchen and bathroom. I'm hoping to get a reality check on if the following is possible for the kitchen at the links below: http://media.cdn-redfin.com/photo/78/bigphoto/899/3302899_1_0.jpg http://www.randrealty.com/photos/tempthumb/P1420880_7b.jpg I'd like to renovate the kitchen to look loosely like the picture below: http://www.houzz.com/photos/614812/Oasis-Architecture---work-in-Montclair-and-Upper-Montclair-NJ-eclectic-kitchen-new-york By adding an island, removing that wall separating the kitchen and living room and then re-doing the counters, backsplash and cabinets. I do not want to reconfigure where the stove or sink will be. Could that be accomplished for $20-$25k? Thanks [less]