Crib Sheet

5 open houses in the best neighborhoods for first-time buyers

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By Jennifer White Karp  |
May 4, 2018 - 10:00AM
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This co-op at 5700 Arlington Ave. in Riverdale in on the market for $345,000. 

StreetEasy

Earlier this week we looked at New York City’s best neighborhoods for first-time buyers in 2018, identifying the areas with the most studios and one bedrooms for under $400,00. Some pricey neighborhoods have a median sales price of nearly $4 million dollars, so you can spare yourself a lot of grief by searching only in areas where apartments have more attainable price tags.

For this week's Friday Crib Sheet, we’ve rounded up four one-bedroom and one studio on the market in the New York neighborhoods identified by StreetEasy as having the most offerings for first-time buyers. All of the ones on our list are co-ops and several of them are in full-service buildings with lots of amenities. 

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77-16 Austin St., #5K, Forest Hills, Queens

This is a one bedroom in a classic, 1929 Tudor-style building. The fifth-floor apartment has been renovated and has hardwood floors and a large foyer. The building has a live-in super and is close to the subway and shopping on Queens Boulevard and Austin Street. It is listed for $289,000 and has a maintenance charge of $685 a month.

The open house is set for Saturday, May 5th, 1-3 p.m.

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5700 Arlington Ave., #11 E, Riverdale, the Bronx

This is a one bedroom in a three-building, amenity-rich complex called Skyview. The kitchen and bathroom have been updated with high-end finishes and fixtures, and there is a terrace. The apartment does not require board approval and is on the market for $345,000, with a monthly maintenance of $851.

The open houses are scheduled for Saturday, May 5th, 11 a.m.-3 p.m. and Sunday, May 6th, 1-4 p.m.

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7101 Colonial Rd., #R5D, Bay Ridge, Brooklyn

This is a one bedroom with office space. It also has a large living room with an ornamental fireplace, a windowed kitchen with new stainless-steel appliances and built-in seating, and a renovated, windowed bathroom. The seven-unit building has upgraded mechanicals and allows one dog under 40 pounds. It also has storage, although there’s a waitlist. The apartment is listed for $384,000, with maintenance fee of $746.

The open house is planned for Saturday, May 5th, 1-2:30 p.m.

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225 East 36th St., 3C, Murray Hill, Manhattan

This studio has a large window in the living space, two large closets, and parquet flooring. Air conditioning is included in the maintenance fee, and the full-service building has a 24-hour doorman, concierge service, and parking. The building was originally called the Parker Crescent for its distinctive curved shape. The co-op allows pied-à-terre use, co-purchasing, parents buying for working children, subletting after three years of ownership, and pets with board approval. It is listed for $390,000 with a maintenance charge of $708.

The open house is slated for Sunday, May 6th, 11:30 a.m.-12:15 p.m.

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76-12 35th Ave. #3K, Jackson Heights, Queens

This one bedroom has newly refinished hardwood floors and a new paint job. Both the kitchen and bath have been gut-renovated and have new fixtures, including granite counters and stainless steel appliances. The building is close to the year-round Jackson Heights farmer's market and multiple subway lines. It is listed for $375,000 with a maintenance fee of $644.

An open house, by appointment only, is planned for Sunday, May 6th noon-1 p.m.

 

 

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Jennifer White Karp

Managing Editor

Jennifer steers Brick Underground’s editorial coverage of New York City residential real estate and writes articles on market trends and strategies for buyers, sellers, and renters. Jennifer’s 15-year career in New York City real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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