No Frills But Value on the Upper West Side

The asking price of this two-bedroom, two-bath at 314 West 94th Street has just been marked down 11 percent to $995,000 after barely three weeks on the market. That places it well within bargain territory, at least for a neighborhood that routinely sees apartments of this size going for more than a million. It also means you won't have to pay the one percent mansion tax levied for properties that go for seven figures, which could garner a savings of at least $10,000. The building's no-frills — there's no doorman, only a video security intercom — and the kitchen may need some updating, says listing broker Tony Rivera of Prudential Douglas Elliman. But it's a pet-friendly condo with low common charges just a half-block away from Riverside Drive, he adds. The building's also investor-friendly, so if you want to buy and rent out, perhaps to students attending Columbia University twenty blocks north, you're good to go. —S. Jhoanna Robledo