Five Fabulous NYC Homes For Under $500K

New York, New York

With the average price of a Manhattan home now hovering in the $2.2 Million range, we've put together a collection of five beautiful homes asking below $500,000 across NYC to show that there are still deals to be had in the Big Apple!

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Modern home with Living Room, Chair, Sofa, Coffee Tables, End Tables, Ceiling Lighting, and Light Hardwood Floor. 9201 Shore Road, Bay Ridge - $199,000

Much desired 9201 Shore Road has just listed a wonderfully designed studio/1 bath with plenty of closets throughout and a dressing room alcove. This u-shaped studio is perfectly configured to maximize the space  The smart layout of the unit provides you the with the option to have a full sized dining table right outside the galley kitchen, separate from the living space. Photo  of Five Fabulous NYC Homes For Under $500K

9201 Shore Road, Bay Ridge - $199,000

Much desired 9201 Shore Road has just listed a wonderfully designed studio/1 bath with plenty of closets throughout and a dressing room alcove. This u-shaped studio is perfectly configured to maximize the space The smart layout of the unit provides you the with the option to have a full sized dining table right outside the galley kitchen, separate from the living space.

Modern home with Living Room, Chair, Bookcase, Sofa, Coffee Tables, Table Lighting, and Light Hardwood Floor. 45 West 54th Street, Midtown - $450,000

The perfect mid-town pied-a-terre awaits you on this bustling block between fifth and sixth avenues, home to MOMA and several distinguished clubs. 45 West 54th Street is a postwar doorman coop. Apartment 7D is a spacious south-facing studio with two large windows, separate kitchen facing south with window, nice sized foyer and separate dressing room and bath. There are plenty of closets and extra storage and laundry room in the basement. Photo 2 of Five Fabulous NYC Homes For Under $500K

45 West 54th Street, Midtown - $450,000

The perfect mid-town pied-a-terre awaits you on this bustling block between fifth and sixth avenues, home to MOMA and several distinguished clubs. 45 West 54th Street is a postwar doorman coop. Apartment 7D is a spacious south-facing studio with two large windows, separate kitchen facing south with window, nice sized foyer and separate dressing room and bath. There are plenty of closets and extra storage and laundry room in the basement.

Modern home with Living Room, Chair, Console Tables, Sofa, Floor Lighting, Table Lighting, and Light Hardwood Floor. 225 East 74th Street, Upper East Side - $460,000

Well established coop on leafy 74th street between 3rd and 2nd Avenues. The foyer leads to a single step-down living room creating an open sweep. The renovated "like new" kitchen has both a door to the foyer and open counter to the living room. A large separate space with closet and renovated bath adjacent offers multiple options.  Pets, Guarantors, Pied-a-terres, washer/dryer OK. Storage, laundry, bicycle room in basement. 24 hour doorman. Live-in Super. Washer/dryer in apartment with Board approval. Photo 3 of Five Fabulous NYC Homes For Under $500K

225 East 74th Street, Upper East Side - $460,000

Well established coop on leafy 74th street between 3rd and 2nd Avenues. The foyer leads to a single step-down living room creating an open sweep. The renovated "like new" kitchen has both a door to the foyer and open counter to the living room. A large separate space with closet and renovated bath adjacent offers multiple options. Pets, Guarantors, Pied-a-terres, washer/dryer OK. Storage, laundry, bicycle room in basement. 24 hour doorman. Live-in Super. Washer/dryer in apartment with Board approval.

Modern home with Living Room, Sofa, Bookcase, Chair, Coffee Tables, Floor Lighting, Table Lighting, Wall Lighting, and Light Hardwood Floor. 221 McDonald Avenue, Windsor Terrace - $479.000

This one bedroom co-op in leafy Windsor Terrace awaits. Upon entering the large foyer with its one out of 5 closets, you will immediately notice the gleaming hardwood floors which are laid throughout. Straight ahead, the windowed kitchen has been renovated complete with stainless appliances, granite counter tops and cherry cabinets. The living room at 17' deep has enough space for living as well as a full dining area. The large bedroom has storage as well as dual exposures. Maintenance includes heat, gas and electric. Building has common laundry, bike storage, courtyard and manicured green lawns. Parking space is available via wait list. Close to transportation. Showings by appointment only. Photo 4 of Five Fabulous NYC Homes For Under $500K

221 McDonald Avenue, Windsor Terrace - $479.000

This one bedroom co-op in leafy Windsor Terrace awaits. Upon entering the large foyer with its one out of 5 closets, you will immediately notice the gleaming hardwood floors which are laid throughout. Straight ahead, the windowed kitchen has been renovated complete with stainless appliances, granite counter tops and cherry cabinets. The living room at 17' deep has enough space for living as well as a full dining area. The large bedroom has storage as well as dual exposures. Maintenance includes heat, gas and electric. Building has common laundry, bike storage, courtyard and manicured green lawns. Parking space is available via wait list. Close to transportation. Showings by appointment only.

Modern home with Living Room, Sofa, Chair, Floor Lighting, Dark Hardwood Floor, and Wood Burning Fireplace. 10 Mitchell Place, Midtown East - $495,000

Located in a discreet private enclave off 49th Street, 10 Mitchell Place is a charming pre-war building with 24/7 doorman and live-in super. Apartment 9F comprises: sunny living room, 1 bedroom with updated bath, and numerous closets. There are many pre-war details: original mantlepiece, beamed ceilings, and hardwood floors. Sunny open sky views north add to the appeal of this apartment. There is a kitchen would could excel with updating; bike room and laundry. Photo 5 of Five Fabulous NYC Homes For Under $500K

10 Mitchell Place, Midtown East - $495,000

Located in a discreet private enclave off 49th Street, 10 Mitchell Place is a charming pre-war building with 24/7 doorman and live-in super. Apartment 9F comprises: sunny living room, 1 bedroom with updated bath, and numerous closets. There are many pre-war details: original mantlepiece, beamed ceilings, and hardwood floors. Sunny open sky views north add to the appeal of this apartment. There is a kitchen would could excel with updating; bike room and laundry.