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The best NYC apartments for sale under $500K

By Devin Gannon, Thu, August 27, 2020

Like New York City, the real estate market is slowly starting to recover, with hundreds of new apartment listings posted each day. With some industry experts calling it a buyer’s market due to an increase in inventory citywide, we’re taking a look at some of the best deals for apartments on the market that are listed for under $500,000. From a spacious two-bedroom with a balcony and an outdoor pool in Riverdale to a charming studio with unique architectural details in Prospect Heights, find out what $500,000 can get you in NYC right now.

More here

affordable housing, Harlem, housing lotteries

Photo of Sugar Hill row houses via Wikipedia

Located in the historic Sugar Hill district in Hamilton Heights, 16 newly renovated affordable units are available to rent at 369 Edgecombe Avenue and 801 St. Nicholas Avenue. The neighborhood is chock full of Queen Anne- and Romanesque Revival-style homes, and it has easy access to Jackie Robinson park, which includes a recreation center, baseball fields, and a swimming pool. The buildings featured in the city’s housing lottery are open to New Yorkers earning 50 and 60 percent of the area median income, with units ranging from $747/month one-bedrooms to $1,196/month three-bedrooms.

Find out if you qualify

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