New to the Market: NYC Starter Homes Priced Under $500K

By Michelle Mazzarella | From Great Listings Friday, October 5, 2018

59 Pineapple Street via Nest Seekers

In a city where starchitect-designed skyscrapers and fabulously luxurious penthouses get most of the glory, and where the median price of a one-bedroom condo is $1.1 million (per CityRealty listings), it's easy to arrive at the conclusion that only millionaires can afford to live in New York City. However, this week's new listings can prove that this is not the case. The following apartments throughout Manhattan and Brooklyn make excellent starter homes, and all come in under half a million.

146 West 94th Street, #4 – $495,000

1 Bed, 1 Bath | Co-op

Light-filled studio in the heart of Sutton Place offers excellent natural light, a well-divided sleeping area, separate kitchen and dining area, modernized bath, and spacious closets. Amenities at this doorman building include private storage, garage, bike room, laundry room, and live-in super. See full details here.

Lincoln Towers, 165 West End Avenue, #7G – $485,000

Studio, 1 Bath | Co-op

All images of Lincoln Towers via Corcoran

Kitchen

Sleeping area

Upper West Side alcove studio features hardwood floors, generous storage space, and open city views to the east. Lincoln Center, The Juilliard School, Central Park, Riverside Park, top restaurants and stores, and major subway stops are a short walk away. See full details here.

345 East 56th Street, #18A – $459,000

Studio, 1 Bath | Co-op

All images of 345 East 56th Street via Douglas Elliman

Kitchen

Sleeping area

High-floor alcove studio in Sutton Place offers northern exposure, a full wall of closets, and a flexible layout that could easily turn to a junior one-bedroom. The separate galley kitchen is outfitted with full-sized stainless steel appliances. See full details here.

Riverdale House, 474 West 238th Street, #2C – $450,000

2 Beds, 2 Baths | Condo

All images of Riverdale House via Compass

Kitchen

Bedroom

Moments away from all major Riverdale public transportation, dining, and shopping, this convertible corner unit is a rare opportunity. It has been completely renovated, full of light, and featuring two full marble baths. See full details here.

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59 Pineapple Street, #6B – $439,000

Studio, 1 Bath | Co-op

All images of 59 Pineapple Street via Nest Seekers

Kitchen

Bath

Live at the top in Brooklyn Heights! This recently renovated studio features western exposures, treetop views, exposed brick and beams, original hardwood flooring, fully outfitted walk-in closet, modern open kitchen, and new windowed bath. See full details here.

200 East 36th Street, #3E – $399,000

Studio, 1 Bath | Co-op

All images of 200 East 36th Street via Warburg

Kitchen

Bath

Move-in ready Murray Hill studio boasts soaring ceilings, beautiful treetop views, and three large closets. Recent renovations include new moldings, newly finished hardwood flooring, fresh paint, and new stainless steel appliances. See full details here.

385 Argyle Road, #4A – $395,000

Studio, 1 Bath | Co-op

All images of 385 Argyle Road via Abacus Properties

Kitchen

Sleeping area

Spacious prewar studio in the heart of Ditmas Park has enough light and living space for both entertaining and quiet living. An updated windowed kitchen has stainless steel appliances, granite countertops, and enough dining space to fit a full table. See full details here.

448 East 84th Street, #1B – $375,000

Studio, 1 Bath | Co-op

All images of 448 East 84th Street via RealDirect

Foyer

Kitchen

Bright and airy studio on a tree-lined Yorkville block features northern exposures, 12' ceilings, through the wall air conditioner, and walk-in closet. Amenities include intercom and a basement laundry room, and the building is two blocks from the Second Avenue subway. See full details here.

461 West 44th Street, #6B – $359,000

Studio, 1 Bath | Co-op

All images of 461 West 44th Street via Akam Associates

Kitchen

Bath

Charming prewar studio is rich in original details, natural light, and storage space. It is located in a vibrant Hell's Kitchen neighborhood with easy access to the Theater District, Columbus Circle, and popular local restaurants. See full details here.

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Content Specialist Michelle Mazzarella Michelle is a contributing writer and editor for real estate news in New York City

Read Full Bio | Contact Michelle Mazzarella

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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