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Manhattan Real Estate: What You Can Buy for Less Than $500K

Manhattan Real Estate: What You Can Buy for Less Than $500K
3 min. read

Have you always wanted to own property in the heart of the Big Apple? Perhaps you were hesitant to even look at homes for sale knowing how pricey the area’s real estate can get.

In fact, median home prices in Manhattan were close to $1 million in Q3 – far out of reach for most people. But, if you look closely, you’ll find a handful of nice units for sale that won’t cost you an arm and a leg. Here are three examples of inviting Manhattan homes for sale currently priced under $500K:

#1 415 West 46th Street 4D, New York: 1 bedroom, 1 bathroom – $380,000

First up is a newly renovated studio apartment in Midtown Manhattan’s Clinton-Hell’s Kitchen real estate market. Located on the gorgeous, tree-lined 46th Street, the minimally designed home on the fourth floor comes with a south-facing layout, offering an abundance of sunshine and enviable views.

The stunning studio features a generous living area with a brick accent wall, high ceiling and enough space to entertain guests. The kitchen is well-equipped with all of the necessary appliances and even boasts a separate dining nook. This sought-after location is also close to shopping, nightlife, restaurants and public transportation, as well as the Hudson River Park and Central Park.


Image: Point2Homes.com


Image: Point2Homes.com

#2 214 Bradhurst Avenue 15, New York: 2 bedrooms, 1 bathroom – $415,000

Situated in the Harlem real estate market, this unit is set to impress. Definitely check out this place if you’re interested in living in a historic building boasting southern, eastern, and western views. It’s just steps away from the Jackie Robinson Park, the Bradhurst Gardens Association community garden, as well as several transit lines.

The apartment itself features a clever layout, with a spacious living area and two generous bedrooms. If pre-war features are your thing, you’ll love the wooden and steel beams, the exposed brick, and the oak-strip hardwood floors. You’ll also find stainless steel appliances and modern cabinets in the charming kitchen. The co-op comes with a separate storage cage downstairs.

2 214 Bradhurst Avenue 15, New York

Image: Point2Homes.com

2 214 Bradhurst Avenue 15, New York 1

Image: Point2Homes.com

#3 478 West 158th Street 32, New York: 2 bedrooms, 1 bathroom – $425,000

Concluding our list is the priciest property of the bunch located in Uptown Manhattan. This gorgeous piece of Washington Heights real estate lies in close proximity to the C train stations, Columbia Presbyterian Medical Center, Yankee Stadium and Highbridge Park.

The apartment features a bright and airy living and dining area – ideal for entertaining. The impeccable kitchen was recently renovated throughout and features top-quality, stainless-steel appliances, plenty of cabinets and open shelves, and an oversized window ensuring an abundance of natural light during the day. The co-op is pet-friendly and also features a live-in superintendent; a renovated, on-site laundry room; and a well-maintained common garden.


Image: Point2Homes.com


Image: Point2Homes.com

If you’re in love with your current neighborhood, you can always check out the available homes for sale near you. You might just find a better bargain a few blocks away.

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