$400,000 would easily buy you a house in other parts of the country, but in much of New York City at the moment, that amount will more realistically get you a one bedroom.
Here are five one-bedrooms, one from each of the five boroughs, that are currently listed for less than $400,000. The apartments are of all shapes and vintages, and in locations you may not have yet considered if your apartment search is confined to a particular area.
This 800-square-foot co-op (also pictured at top) has recently been renovated. It has a large living room, a kitchen with Cherrywood cabinetry, black granite countertops, and ceramic floor tiles, and a double closet in the bedroom. The original hardwood floors have been refinished. The apartment is in the Daniel Apartments, a 1946 building with storage lockers, bike storage, a laundry room, a live-in super, and a new elevator. It’s listed for $359,000. Maintenance is $786 a month.
Priced at $379,000, this co-op has nine-foot ceilings, hardwood floors, a windowed kitchen, a windowed bathroom, and lots of closets. It’s located in a pet-friendly, self-managed building with a common backyard, a live-in super, a laundry room, and a bike room. Each apartment has its own private storage room. Maintenance is $481 a month.
This is a 865-square-foot, top-floor co-op with views of the Jackson Heights Historic District. It has a long entryway, a raised dining area that's open to the living room, a large bedroom with five closets, and oak floors. Priced at $375,000, it’s in the Carlton House, a building with a part-time doorman, a garage, and a garden area. Subletting and dogs are not allowed. Other pets require permission from the board. Maintenance is $840 a month.
This 825-square foot co-op has been renovated recently. It has hardwood floors, crown molding, recessed lighting, and an open kitchen with a large breakfast bar and stainless-steel appliances. The is in a pet-friendly building with a parking garage (which has a wait list). It's listed for $285,000. Maintenance is $775 a month.
Listed for $309,000, this 826-square-foot condo is on the first floor and opens onto a small outdoor area. It also has a pass-through in the kitchen, Brazilian cherry wood floors, a washer/dryer, and a walk-in closet. It’s in the Foxwood Square Condominium, a mid-rise complex across from the Staten Island Mall with basement storage, a pool, tennis courts, a playground, and parking. Common charges are $400 a month. Taxes are $210 a month.
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