In the world of NYC real estate, the term “affordable” is all relative. $575,000 for a one-bedroom apartment isn’t cheap by any means, but in New York, it is a good deal when we’re talking about a prime neighborhood of Manhattan. Cue this co-op apartment now up for sale at 173 East 74th Street on the Upper East Side. It’s a half-block from Lexington Avenue and three blocks from Central Park. While it isn’t a huge apartment, it’s well-kept and just spacious enough.
173 East 74th Street is a pre-war elevator co-op building converted in 1979. This unit still has some original details, including the built-in shelving, ten-foot-high ceilings, wainscoting, and arched entryways.
But the listing says it was renovated a few years back, which is most evident in the kitchen. There’s custom cabinetry, fancy stainless steel appliances, and granite countertops.
Although the dining room isn’t huge, it’s a nice element for a one bedroom to have a separate living room and dining room, rather than a single open space. This is located right off the kitchen.
The bedroom, too, is quite cozy. No one said you were going to get tons of space shopping in Manhattan on a budget!
Still, this is a well-sized apartment in a very nice co-op building. (That’s the building’s hallway pictured above.) And there’s no denying that the location is convenient–one block away from the 6 train–and brag-worthy–Central Park’s just a few blocks away. Considering everything, do you think that $575,000 asking price makes sense?
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Images courtesy of Compass
Neighborhoods : Upper East Side