What you'll get across NYC for $550,000

By Sara Alessi | April 20, 2015 - 3:59PM

Have you done all the calculations and figured out that you can spend $550,000 on your new home? You’ll be glad to know that you can find two- to three-bedrooms (houses included) in Queens, the Bronx and Staten Island, but if it's Manhattan and Brooklyn you're looking for, you should be prepared to see mostly studios and one-bedrooms.

UPPER WEST SIDE, MANHATTAN: 1-bath studio co-op at 114 West 80th Street (between Columbus and Amsterdam). $550,000 + $425/mo maintenance

MURRAY HILL, MANHATTAN: 1-bed, 1-bath co-op at 245 East 37th Street (between Second and Third). $550,000 + $887/mo maintenance

BROOKLYN HEIGHTS, BROOKLYN: 1-bed, 1-bath co-op at 55 Pineapple Street (between Henry and Hicks). $549,000 + $809/mo maintenance

PROSPECT LEFFERTS GARDENS, BROOKLYN: 2-bed, 1-bath condo at 41 Clarkson Avenue (between Bedford and Flatbush). $550,000 + $407/mo common charges, $109/mo taxes

GRAVESEND, BROOKLYN: 2-bed, 1.5-bath condo at 197 Bay 47th Street (between Cropsey and Harway). $552,500 + $142/mo common charges, $47/mo taxes

JACKSON HEIGHTS, QUEENS: 2-bed, 2-bath co-op at 3540 82nd Street (between 35th and 37th). $550,000 + $1,008/mo maintenance

BELLE HARBOR, QUEENS: 3-bed, 2-bath condo at 124-19 Rockaway Beach Boulevard (between Beach 124th and Beach 125th). $549,000 + $289/mo common charges, $231/mo taxes

COUNTRY CLUB, THE BRONX: 3-bed, 2-bath house at 3239 Fairmount Avenue (between Wilcox and Shore). $549,000 + $299/mo taxes

CHARLESTON, STATEN ISLAND: 2-bed, 2.5-bath townhouse at 22 Tides Lane (at Chart Loop). $550,000

Related:

How to buy a NYC apartment

What 8 first-time buyers wish they had known

Here are the 7 most likely reasons you'll get turned by a co-op board

7 questions to ask about the building before you buy an apartment there (sponsored)

6 hurdles that can stand between you and a mortgage -- and what to do about them

Diary of a first-time buyer

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