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Bargains at Every Price

Markdowns and motivated sellers, from basic to far beyond.

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$1.995 MILLION 16 West 16th Street Maybe the best-priced 2,000 square feet in Chelsea.  

Under $1 Million

804 West 180th Street, Apt. 7
$142,000 studio
Even for Hudson Heights, this studio is affordable. (It’s among the cheapest apartments in Manhattan right now.)
It’s a bargain because: A previous buyer failed to pass the board; the owner has already moved out and is anxious to sell.
Broker: David J. Thompson, Klara Madlin.

52 Riverside Drive
$299,999 one-bedroom
Premium location (West 78th Street and Riverside Drive), in a prime co-op, facing the park.
It’s a bargain because: It’s a basement apartment and could feel a little gloomy. But you’ll save enough to hire a lighting designer.
Brokers: Don Correia and Judy Oston, Halstead Realty.

983 Amsterdam Avenue, Apt. 3A
$365,000 two-bedroom
A renovated two-bedroom for less than the average price of an Upper West Side studio, per data from the appraisal firm Miller Samuel.
It’s a bargain because: It’s an income-restricted building, meaning you can’t earn more than $64,500 if you’re buying alone, and $73,725 if you’re buying as a couple. There’s also a flip tax, so your profits are cut when you sell.
Broker: Keith Davidson, Corcoran.

20 East 9th Street, Apt. 2R
$490,000 studio
It’s the size of a one-bedroom, in a top-shelf Village co-op. Also, the board now allows parents to purchase for their children (NYU moms and dads, take note).
It’s a bargain because: The seller’s willing to negotiate—she’s already moved out.
Broker: Jason Karadus, Prudential Douglas Elliman.

32 West 82nd Street
$475,000 one-bedroom
A pristine three-room on a high floor in a co-op off Central Park. The owner paid $415,000 for it in 2005.
It’s a bargain because: It’s a pied-à-terre, and the owner has just traded up and wants to sell.
Brokers: Jennifer Wening-Hausman and Joel Moss, Warburg Realty.

95 Wyckoff Street, Apt. 2D
Boerum Hill $550,000 two-bedroom
A renovated duplex, just off Smith Street—a really solid hip-couple-with-a-baby apartment. After two months on the market, it’s already been marked down $65,000.
It’s a bargain because: The owners are buying a house and need to sell. Maintenance will be going up $100 a month to fix up the building’s common areas, but that has its upside, too.
Broker: Teri Cavanaugh, Corcoran.

446 Kent Avenue, Apt. 4F
Williamsburg $950,000 two-bedroom
Another unit in the building with the exact same layout is asking $25,000 more. Considering this one sold two years ago for around $875,000, the appreciation reflects less than a 10 percent rise in two years.
It’s a bargain because: The owner’s an investor and his tenant’s leaving; he’s itching to lighten his portfolio.
Broker: Marlene Steiner, Corcoran.


158-18 Riverside Drive West, Apt. 6FG
$999,000 three-bedroom
A 1,700-square-foot true three-bedroom with Hudson River views in a full-service building for under a million dollars—less than the average price of a Manhattan two-bedroom.
It’s a bargain because: It’s been on the market for 141 days, and it started at $1.275 million.
Broker: Kelly Cole, Corcoran.

Between $1 Million and $2 Million

201 East 17th Street
$1.025 million two-bedroom
A similarly sized apartment in this building is rumored to be in contract for $1.25 million, says the broker, and although it’s been renovated, it’s on a lower floor.
It’s a bargain because: The sellers are eager, and it could use some work.
Broker: Veronica Raehse, Bellmarc Realty.

30 Beekman Place, Apt. 7C
$1.799 million four-bedroom
At $803 per square foot, this four-bedroom on Beekman Place is asking $200 less than the average for the area (per Streeteasy.com). In 2006, a two-bedroom on a lower floor sold for $1.885 million. (The common charges are admittedly high: $4,887 per month.)
It’s a bargain because: Services include porters who drop your mail at your door and pick up recyclables and garbage.
Broker: Tracie Hamersley, Citi-Habitats.

37 West 12th Street, Apt. 3F
$1.799 million two-bedroom
The broker claims it’s the most affordable apartment in a first-rate co-op in the Village, and he may be right.
It’s a bargain because: The price is typical, but the perks are not: central air, custom moldings, and a gym that charges $3,000 for a lifetime membership.
Broker: John Gasdaska, Corcoran.


62 West 62nd Street
$1.995 million three-bedroom
Similar apartments are asking an average of $1,388 per square foot; in the building, the average is $1,378. This three-bedroom with three exposures is priced at $1,209 per square foot.
It’s a bargain because: The triangular floor plan is a little odd.
Broker: Liz Nelson, Prudential Douglas Elliman.

16 West 16th Street, PH-HN
$1.995 million two-bedroom
A rare one: a nearly 2,000-square-foot two-bedroom, three-bath penthouse with outdoor space in the Flatiron district for under $2 million.
It’s a bargain because: It’s hard to find a Chelsea two-bedroom of this size anywhere near that price.
Brokers: Mara Flash Blum, Sotheby’s International Realty.


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