A two-bedroom apartment in New York City might seem far out of your financial reach, but if you search high and low, you’ll discover that a few bargains costing less than $800,000 remain. (Unbelievably, less than $800,000 for a two-bedroom is a deal in Manhattan.)
You’ll need to know where to look, however, as many neighborhoods won’t have available inventory in that price range. If space is at the top of your wish list, you might need to expand your search to areas that weren’t originally on your real estate radar.
What are you waiting for? You’d better hop to it and start perusing. The deals below could be snatched by the time you finish reading this blog post.
Morningside HeightsMorningside Heights
This northern Upper West Side enclave has a location at the top of its pros ––Columbia University and Barnard College are the hubs of the neighborhood. Conveniently located to transportation, Morningside Heights offers more affordable two-bedroom options than many other parts of Manhattan, like this spacious unit for $595,000 right on Broadway.
Turtle BayTurtle Bay
333 East 43rd Street333 East 43rd Street
This Midtown East neighborhood is headquarters of the UN, the famed Chrysler Building, and historic Tudor City. Located in the East 40s, living here puts you in a good spot to head uptown or downtown –– your choice. You’ll find a few small two-bedrooms to choose from in Turtle Bay like this one, listed at $749,000.
Washington HeightsWashington Heights
474 West 158
You won’t run short on the charm in Washington Heights. Many buildings boast original architectural details, and some are in need of renovation, so if you prefer a fixer-upper, this area could be your next home. Take a look at this stunner for $379,000 to get an idea of the apartments on the market in this uptown nabe, which is bordered by Harlem on the south end and Inwood to the north.
227 East 87th Street
When the Second Avenue Subway finally completes, property values in Yorkville will likely increase, so now might be a smart time to buy. The eastern section of the Upper East Side has maintained its charm over the years with many mom-and-pop shops still intact. This neighborhood is still considered one of the few affordable left ones in Manhattan. Choose from several two-bedroom units like this character-filled floor-through with two baths for $589,000.
East HarlemEast Harlem
416 East 117th Street
Just north of the Upper East Side, East Harlem or ‘El Barrio’ is brimming with culture and character. The area’s home to a plethora of ethnic eateries and you’re a hop, skip, and jump from all the East Side has to offer. Consider the newer condo buildings in the neighborhood –– you can probably find a family apartment that offers plenty of room to grow but won’t break the bank. Consider this unit for $783,000 with a sprawling kitchen and a washer/dryer.