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.
675 Vanderbilt Avenue
Cool Listings, Prospect Heights
Photos by Allyson Lubow, courtesy of The Corcoran Group
No matter how big or small, we could all use a work-from-home nook these days, and this lovely little studio in Prospect Heights has a perfect one. It also has a cool mix of industrial and old-world architectural details, including tin ceilings, exposed brick, and carved wooden window and door frames, along with creative, modern updates throughout. Located at 675 Vanderbilt Avenue, the co-op is asking $449,000.
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