High prices - CityRealty data reports that the median price of a New York condo is $2.05 million - surprising closing costs, and high taxes and monthly fees have many convinced that only millionaires can afford to live in the city. However, low listing prices and city-sponsored tax abatement programs open up the market to those who thought they wouldn't be able to get in. The following Manhattan and Brooklyn listings are all priced under $1 million, and their tax abatements are in place for years to come.
Fusion, South Slope - Greenwood Heights
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The top floor of this duplex condo has excellent light, room for a dining table, and an open kitchen with stainless steel appliances. Downstairs, large glass doors in the living room lead to a private patio. See floor plan and further details here.
Aurum, Harlem
This beautiful home in a LEED-certified building offers both sophistication and warmth with a well-proportioned floor plan plus oversized windows that offer open city views and streaming natural light from southern and western exposures. The open kitchen is equipped with high-end appliances while being incredibly functional at the same time. See floor plan and further details here.
The Edge South Tower, Williamsburg
Oversized one-bedroom greets buyers with a large living room featuring hardwood floors, oversized windows, and access to a nearly 800-square-foot terrace. The bedroom gets great natural light and has excellent closet space. See floor plan and further details here.
52 Convent Avenue, Harlem
In this apartment with contemporary design and a perfect flow, an open plan kitchen gives way to a large living room/dining room area with endless possibilities. Almost 20 feet of windows span the width of the living room and look out on a tree-lined street. See floor plan and further details here.
The Highbridge, Washington Heights
This new designer condominium has a stylish and modern aesthetic, including floor-to-ceiling windows providing excellent natural light. High-end finishes include solid white oak floors, in-unit washer/dryer, and open kitchen with quartz countertops, stainless steel appliances, and custom Italian cabinetry. See floor plan and further details here.
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Lefferts House, Prospect Lefferts Gardens
At this impeccably designed one-bedroom, tree-lined views, terrific closet space, and streaming sunlight provide for an exceptional lifestyle. The flexible open layout offers many options to maximize the use of the space and is conducive to a comfortable lifestyle.
See floor plan and further details here.
38 Wilson Avenue, Bushwick
Enter this prime penthouse with a private roof deck through the ample foyer, which leads into the open living room with southern and eastern exposures that let the sunshine pour in all through the day. The kitchen features stainless-steel appliances including a dishwasher, LG washer/dryer, and over-the-range microwave with plenty of space for an island or dining table. See floor plan and further details here.
THREE99, East Village
In the historic East Village, this meticulously crafted condominium features sunlight, high-quality finishes, gleaming oak hardwood floors, floor-to-ceiling windows, and in-unit washer/dryer. The spacious bedrooms feature roomy closets, and the spa-like contemporary bath boasts custom ceramic tile, soaking tubs and European-style vanities and fixtures. See floor plan and further details here.
70 West, Harlem
This uniquely horizontal two-bedroom condo is complemented by two oversized luxury baths, wide-plank oak flooring, high ceilings, jumbo washer-dryer, and stainless and granite open kitchen. The building has a roof deck, but the apartment comes with its own private terrace. See floor plan and further details here.
151 Somers Street, Bedford-Stuyvesant
This newly developed condominium has been finished with a stylish kitchen featuring lacquer cabinetry, full-sized stainless appliances, and beautiful quartz countertops. Bathroom is complete with deep soaking tubs, radiant heated floors, and plenty of storage. See floor plan and further details here.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
Content Specialist
Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City