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Brevoort East via Compass Brevoort East via Compass
As the market is in the middle of a reset, the Manhattan median price has fallen below $1 million for the first time since 2015. While $999K may not seem like much of a discount, it's amazing how seeing a price reduced from seven figures to six can make a New York apartment appear much more manageable in the eyes of prospective buyers. The following listings in highly coveted Manhattan and Brooklyn neighborhoods were originally priced above $1 million, but were recently cut to more approachable figures.

NYC apartments recently reduced to under $1 Million

577-Madison-Street-1 All images of 577 Madison Street via The InHouse Group
577-Madison-Street-2 Kitchen
577-Madison-Street-3 Bedroom
This townhouse-style condo in Bedford-Stuyvesant nods to Old World Brooklyn with details like exposed brick walls, oversized windows, country-style kitchen, and baths with claw foot soaking tubs and Victorian-style pull chain toilets. However, a Nest thermostat, Amazon Echo, Wemo smart switch, and iRobot vacuum are included to reflect the needs of the contemporary buyer. There is also a private balcony off the master bedroom and a deeded rooftop cabana. See floor plan and full details here.

360-Furman-Street-1 All images of One Brooklyn Bridge Park via Compass
360-Furman-Street-2 Kitchen
360-Furman-Street-3 Bedroom
Loft-like home in luxury Brooklyn Heights condo boasts soaring 13' ceiling and gracious windows overlooking courtyard and partial views of the Manhattan skyline and the Brooklyn Bridge. A custom Italian kitchen is outfitted with Sub-Zero and Bosch appliances. The apartment comes with a private storage cage, and building amenities include fitness center, billiard room, concierge service, children's playroom, screening room, golf simulator, cold storage, and garage. See floor plan and full details here.

117-Kingsland-Avenue-1 All images of 117 Kingsland Avenue via Compass
117-Kingsland-Avenue-2 Bedroom
117-Kingsland-Avenue-3 Private balcony
Large balconies off the living room and the master bedroom, not to mention the private roof deck, give this apartment nearly as much outdoor space as it has on the inside! Interior features include southern and western exposures, in-unit washer/dryer, and open chef's kitchen with stainless steel appliances. A tax abatement is in place until 2025, and the building welcomes pets. See floor plan and full details here.

20-East-9th-Street-1 All images of Brevoort East via Compass
20-East-9th-Street-2 Kitchen
20-East-9th-Street-3 Bedroom
High-floor corner home in the heart of Greenwich Village is filled with sunlight and sweeping city views from northern and western exposures. A gracious foyer leads to the expansive living and dining area, and the adjacent kitchen is equipped with stainless steel appliances. The sunny bedroom has multiple closets and built-ins, not to mention en suite bath with modern fixtures. See floor plan and full details here.

99-John-Street-1 All images of 99 John Deco Lofts via R New York
99-John-Street-2 Kitchen
99-John-Street-3 Bedroom
Loft apartment in the Financial District features expansive layout, beamed 11' ceilings, and new wood strip flooring throughout. The designer kitchen is equipped with stainless steel appliances, custom cabinetry, and charcoal gray Caesarstone countertops. Building amenities include 24-hour concierge service, fitness center, Zen garden, lounge, and roof terrace with sweeping skyline and river views. See floor plan and full details here.

324-East-4th-Street-1 All images of Altes House via Corcoran
324-East-4th-Street-2 Kitchen
324-East-4th-Street-3 Bedroom
Boutique condo in the heart of Alphabet City is filled with light through gorgeous steel windows that nod to the neighborhood's history. The open kitchen is finished with walnut cabinetry, marble countertops, and state-of-the-art stainless steel appliances. Down the hall, it's hard to say what the bedroom has more of: natural light or closet space. See floor plan and full details here.

129-Martense-Street-1 All images of 129 Martense Street via Corcoran
129-Martense-Street-2 Kitchen
129-Martense-Street-3 Bedroom
New construction home in a peaceful Brooklyn neighborhood features open layout, lofty ceilings, bay windows, incredible light, and sizable private terrace. The chef's kitchen is outfitted with custom cabinetry, Caesarstone countertops, and a suite of GE appliances. Building amenities include laundry room, bike room, and communal roof lounge. See floor plan and full details here.

305-East-40th-Street-1 All images of The Hamilton via Halstead
305-East-40th-Street-2 Kitchen
305-East-40th-Street-3 Bedroom
Spacious, sun-drenched apartment near Grand Central Terminal and the United Nations is filled with large windows and amazing views. The windowed kitchen has recently been updated and now boasts stainless steel appliances and abundant cabinet space. The apartment enjoys excellent closet space throughout, including a walk-in in the king-size bedroom. See floor plan and full details here.

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