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323 East 8th Street via Compass 323 East 8th Street via Compass
Q: When is a $998K apartment considered an incredible bargain?

A: When the neighborhood median price for similar units is close to $1.2 million.

All kidding aside, New York real estate can appear daunting. Median prices of $1.82 million for condos and $820K for co-ops (all figures per CityRealty data) would appear to reinforce that impression. However, by looking closely and digging deep, there are some true steals to be found. The following apartments are located in highly coveted Manhattan and Brooklyn neighborhoods, listed for under $1 million, and come in well below the local median price.

Amazing Penthouse Potential
343-East-92nd-Street-1 All images of 343 East 92nd Street via The Corcoran Group
343-East-92nd-Street-2 Kitchen
343-East-92nd-Street-3 Private roof terrace
Between the high ceilings, generously proportioned rooms, exposed brick, and hardwood floors, this top-floor home offers incredible bones and the ideal environment to create a dream home. It also comes with a windowed kitchen and exclusive roof rights. Recently renovated building is close to parks, restaurants, and the Second Avenue subway. See floor plan and full details here.

Bushwick Beauty
1390-Putnam-Avenue-1 All images of 1390 Putnam Avenue via Compass
1390-Putnam-Avenue-2 Kitchen
1390-Putnam-Avenue-3 Bedroom
Newly constructed condo boasts high ceilings, hardwood floors, and kitchen with stainless steel appliances. The peaceful development is topped with shared roof decks with beautiful views of Manhattan and Brooklyn. Restaurants, parks, nightlife, and transportation are a short walk away. See floor plan and full details here.

Escape to East Harlem
1810-Third-Avenue-1 All images of The Art House via Citi Habitats
1810-Third-Avenue-2 Living room
1810-Third-Avenue-3 Bath
Recently renovated apartment boasts high ceilings, generous layout, oversized windows, treetop and courtyard views, and hardwood floors. The open kitchen features stainless steel appliances and generous storage space. The living room was reconfigured to add a second bedroom, which has a glass door leading to a private balcony. See floor plan and full details here.

Luminous in Little Italy
80-Elizabeth-Street-1 All images of The Royal Elizabeth via Relo Redac
80-Elizabeth-Street-2 Kitchen
80-Elizabeth-Street-3 Bedroom
Beautifully renovated apartment in a prewar building is drenched in sunlight from eastern exposures. Full-service, pet-friendly building offers laundry on every floor and gorgeous roof terrace. Its location on the cusp of Little Italy, Chinatown, and the Lower East Side offers easy access to the best restaurants, shopping, nightlife, and transportation in each neighborhood. See floor plan and full details here.

Heavenly Hell's Kitchen Home
855-Ninth-Avenue-1 All images of 855 Ninth Avenue via Compass
855-Ninth-Avenue-2 Kitchen and dining area
855-Ninth-Avenue-3 Bedroom
Open loft in the middle of Midtown is rich in prewar architectural details like soaring ceilings, decorative molding, elongated windows, and hardwood floors throughout. The wraparound open kitchen has a dining alcove, ceramic tile breakfast bar, and maple cabinetry. The bedroom boasts wall-to-wall windows and enough floor space to accommodate a king-size bed. See floor plan and full details here.

A Prewar Paragon
10-Montgomery-Place-1 All images of 10 Montgomery Place via Compass
10-Montgomery-Place-2 Kitchen
10-Montgomery-Place-3 Bedroom
Elegant apartment in a prime Park Slope building is rich in prewar details like high ceilings and expansive double arched window. However, recent improvements include redone hardwood floors and thoughtfully added closets. The windowed kitchen is outfitted with stone countertops and new Bosch appliance suite. See floor plan and full details here.

Stupendous Studio
323-East-8th-Street-1 All images of 323 East 8th Street via Compass
323-East-8th-Street-1 Kitchen
323-East-8th-Street-3 Sleeping area
Loft-like alcove studio boasts 11' ceilings, expansive layout, Empire State Building views, abundant natural light, and windowed marble bath. Generous storage space includes two generous closets and significant overhead space. Well-maintained boutique building is located on a tree-lined street near Tompkins Square Park, the greenmarket, and top dining, shopping, and entertainment. See floor plan and full details here.

Lenox Hill Loveliness
205-East-63rd-Street-1 All images of 205 East 63rd Street via Rise Media/The Corcoran Group
205-East-63rd-Street-2 Kitchen
205-East-63rd-Street-3 Bedroom
Exquisitely renovated apartment boasts open floor plan, gracious entry foyer, large windows, generous closet space, and beautiful new bath. The open chef's kitchen is outfitted with windowed cabinets, marble breakfast bar, and high-end stainless steel appliances. Full-service building amenities and staff include 24-hour doorman, live-in superintendent, laundry room, storage, and in-apartment package delivery. See floor plan and full details here.

Lower Manhattan Luxury
300-Rector-Place-1 All images of Battery Pointe via Evans Real Estate Investments
300-Rector-Place-2 Kitchen
300-Rector-Place-3 Bedroom
Spacious apartment boasts flexible floor plan, generous closet space, and the potential to add a second bedroom. Amenity-rich building's offerings include concierge service, fitness center, children's playroom, storage, bike room, roof deck, and laundry on every floor. The Hudson River Promenade, Brookfield Place, and several transportation options are a short walk away. See floor plan and full details here.

Wonderful West Side Co-op
155-West-71st-Street-1 All images of Gatsby House via Keller Williams
155-West-71st-Street-2 Dining area
155-West-71st-Street-3 Bedroom
Turn-key apartment in an Art Deco building boasts incredible light from windows in every room, including the kitchen and bath. The kitchen and bath have also been recently renovated, and there are new floors throughout. Central Park, Riverside Park, Lincoln Center, the Church of the Blessed Sacrament, Zabar's, and the 72nd Street subway station are extremely close by. See floor plan and full details here.
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