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NYC Real Estate: A Look at Homes in Manhattan and Queens

A look at three distinct New York City properties for sale, including a $2.3M NoMad duplex, a $705K Financial District condo, and a $439K Astoria co-op.

Lauren Holloway
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Lauren Holloway

Lauren Holloway is a personal finance and real estate correspondent for Crezzio. She specializes in creating practical guides for consumers on navigating the housing market, from buying and selling to investing and sustainable living.

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NYC Real Estate: A Look at Homes in Manhattan and Queens

The New York City real estate market features a diverse range of properties, illustrated by three recent listings in Manhattan and Queens. Offerings include a $2.3 million duplex in NoMad, a $705,000 prewar condo in the Financial District, and a $439,000 co-op in Astoria, each presenting distinct features, amenities, and price points.

Key Takeaways

  • NoMad Luxury: A two-bedroom duplex at 241 Fifth Avenue is on the market for $2.3 million, featuring a private terrace and extensive building amenities.
  • Financial District Value: A one-bedroom condo at 80 John Street is listed for $705,000, offering high ceilings and a quiet location in a prewar building.
  • Astoria Affordability: A top-floor one-bedroom co-op at 35-55 29th Street provides an entry point into the market at $439,000.

A $2.3 Million Duplex in NoMad with Private Terrace

In the vibrant NoMad neighborhood, a two-level condominium offers a blend of indoor and outdoor living space. Located at 241 Fifth Avenue, No. 3C, this property is currently listed for $2.3 million.

Property Specifications and Layout

The residence spans 1,340 square feet and is configured with two bedrooms and two-and-a-half bathrooms. The layout is designed across two floors, separating the living and sleeping areas for enhanced privacy.

The first floor features an open-plan living area, a half-bath for guests, and a spacious private terrace. The second floor houses the primary suite, a second bedroom equipped with a Murphy bed, a full second bathroom, and a laundry closet with a washer and dryer.

Duplex Details

  • Price: $2,300,000
  • Size: 1,340 square feet
  • Beds/Baths: 2 bedrooms, 2.5 bathrooms
  • Type: Condominium

Building Amenities and Monthly Costs

This unit is situated on the third and fourth floors of a 20-story building. Residents benefit from a range of services and amenities, including a doorman, concierge service, a fitness center, a residents' lounge, and a roof deck. The building also provides a bike room for cyclists.

The property includes a dedicated storage cage in the basement. Monthly financial obligations consist of $2,871 in common charges and $2,471 in taxes.

Considerations for Potential Buyers

The apartment is noted for its quiet interior, a significant advantage in a bustling Manhattan neighborhood. The primary bathroom includes radiant heat flooring for added comfort. However, potential buyers should note that the views from the unit are of the backs of adjacent buildings, and the bathrooms do not have windows.

Financial District Condo Offered for $705,000

A one-bedroom apartment in the Financial District provides a more accessible price point for Manhattan living. The unit, 80 John Street, No. 2A, is a 674-square-foot condominium listed for $705,000.

Apartment Features and Prewar Charm

The condo is characterized by its 10-foot ceilings and Brazilian cherry wood floors, details that reflect its prewar origins. The open floor plan includes a breakfast bar, enhancing the sense of space. Custom built-ins provide additional storage solutions.

The apartment's climate control system includes central heat and air-conditioning, which is supplemented by PTAC units for individualized comfort.

Financial District Living

The Financial District has transformed from a weekday business hub into a 24/7 residential neighborhood. Its historic architecture, proximity to the waterfront, and growing number of restaurants and shops make it an increasingly popular place to live.

Building Services and Financials

The residence is located in a 24-story doorman building with a concierge and a live-in superintendent. A key convenience is the shared laundry room located on every floor.

"The apartment is tucked away from the noise on John Street," note the listing agents, highlighting its quiet positioning within the building.

Monthly carrying costs for this property include $1,158 for taxes and $773 for common charges. According to property records, these figures are competitive for the area.

Practical Pros and Cons

The unit's location away from the main street ensures a quiet living environment. However, the apartment does not offer a view. The building also lacks certain amenities such as dedicated storage cages and a bike room, which are common in newer developments.

Astoria Co-op Listed at $439,000

For buyers looking toward the outer boroughs, a one-bedroom co-op in Astoria, Queens, presents an affordable option. The apartment, 35-55 29th Street, No. 6J, is on the market for $439,000.

Unit and Building Details

This top-floor unit measures approximately 671 square feet. It features a windowed galley kitchen with butcher block countertops and practical lighting both under and inside the cabinets. The living and dining areas are combined into an open space, and the bathroom also includes a window.

The six-story prewar building is equipped with a virtual intercom system and has a live-in superintendent. Shared laundry facilities are available, and the cost is included in the monthly maintenance fee. There is a waiting list for basement storage cages.

Astoria Co-op Snapshot

  • Price: $439,000
  • Size: ~671 square feet
  • Maintenance: $972 per month
  • Type: Cooperative

Ownership Considerations

The monthly maintenance fee for this co-op is $972. While the unit offers good value, there are specific considerations. The closets for the bedroom are located in the adjacent hallway, not within the bedroom itself. The shared laundry room contains four washers and four dryers to serve the building's 55 units.

Subletting is permitted but comes with restrictions. Owners must reside in the unit for three years before they are allowed to sublet, and subletting is limited to a total of two years.