Manhattan for Under $300,000
We’re all looking for bargains. Can’t help ourselves. So here we present our three favorite apartments currently available in Manhattan for under $300,000. Yes, you read that right. Linecity can find you a home (well maybe in some cases just a pied-a-terre) right here in the Big Apple for less than you ever thought possible. Let’s see what you get.
The Gramercy House at 235 East 22nd Street, Apt 1-D
Gramercy House is a distinct art-deco building located at the southwest corner of Second Avenue and 22nd Street in the neighborhood of Gramercy Park. This recently renovated, garden-facing, micro-studio is listed at $275K; yes you read that correctly.
Given the price, this apartment far exceeds our expectations. The main portion of the unit measures a reasonable 12×19 and three large windows face the building’s pristine private garden. Tall beamed ceilings, plank floors and pre-war moldings provide character.
There is a simple kitchenette on the far wall with a half refrigerator, a cooktop and a microwave. The bathroom is picture perfect with white subway tiled walls and a soaking tub.
Yes, the apartment is small, but there is so much more here. The garden and the common roof deck provide extensions to your home.
This pre-war co-op offers a full-time concierge and a part-time doorman. IN addition to the outdoor space, amenities include central laundry and a bike room. The monthly maintenance is a reasonable $431, inclusive of electricity and air conditioning. According to the agent, this is the only unit in the building for which a pieds-a-terre is allowed.
90 Park Terrace East, 5-B
Our second property takes us uptown to Inwood, north of Isham Park and just south of the Columbia University Baker Athletics Complex. It’s predominantly residential here; streets are lined with modest low-rise apartment buildings.
Apartment 5-B at 90 Park Terrace East is a corner studio flush with light. The apartment has a comfortable living area (12’4”x18’5”), large enough for both a sleeping area and a second area for a couch and an entertainment center. A grand foyer adds a level of formality; one feels that they are entering a much larger home. The windowed galley-style kitchen offers full-size appliances.
The asking price for this lovely studio is $245,000. The maintenance too is very favorable with a monthly charge of $544.
This post-war co-op has an elevator, on-site laundry, personal storage and a bike room. There is a resident superintendent. The co-op allows for pieds-a terre.
45 Tudor City Place, 2106
When discussing inexpensive apartments in Manhattan, Tudor City undoubtedly funds its way on to the list. This midtown neighborhood, predominantly known for studio and one-bedroom apartments offers a historic setting in close proximity to Grand Central Station.
Apartment 2106 at 45 Tudor City Place, aka Prospect Tower, offers a nifty one-room studio with a kitchenette. There is a hidden Murphy Bed as well as a built-in desk that also disappears into the wall. Other features include casement style windows, plank flooring, a walk-in-closet and tall ceilings. There is a full-size refrigerator as well.
The ask on this midtown co-op is $299,000. The monthly maintenance is $906, which includes electric and gas charges.
The landmarked Prospect Tower sits across from Tudor Park. The building rises 25 floors and contains about 400 apartments. There is a full-time concierge. Amenities include the largest roof deck in Tudor City with views of the East River and the Manhattan skyline. Pieds-a-terre are allowed.