Do the new lower prices in Manhattan dream of buying in the township? We only have the deal for you. Here it is quite rare to find a real 2-bedroom apartment at a great price, let alone one that is also in a great neighborhood. But that’s exactly what you’ll find 98 Suffolk St. # 3D. This gem of Lower East Side 2BR is in turmoil, but also a short walk to water views and park roads. Best of both worlds, right?
The Price: $ 595,000
The average asking price for a home in the Lower East Side is $ 999,999, according to the StreetEasy Data Dashboard. That puts our Deal of the Week at just over half the average asking price for this always hot neighborhood.
Buyers who have submitted the 20% minimum down payment of $ 119,000 can expect monthly payments of $ 2,910. This includes a $ 2,148 mortgage payment and a $ 762 care fee (very low for NYC!).
Why You Will Love It …
Each bedroom in this Lower East Side 2BR is large enough for at least a queen bed, and each has its own closet. But it gets better: a smart layout puts the bedrooms at opposite ends of the apartment for maximum privacy. The larger one, with two large windows, is divided from the living area by a reclaimed wooden partition with a sliding door. This superstar design element has a strategically placed glaze, and it also serves as a shelf. Ruza!
While exposed brick and wood finishes give this place an old-school feel, it’s new where it’s worth: the bathroom and the kitchen. In the bathroom, you will find a Buddha shower equipped in an elegant bauxite tile. And the beautiful kitchen is completely ready for your wildest cooking dreams. It has complete storage and stainless appliances, including a dishwasher. A long peninsula provides a perfect food-preparation surface, in addition to being a great place for a few bar stools.
To top it all off, our Agreement of the Week is sponsoring unit. So there is no cooperative board approval. In addition there is laundry in the building, and it is located right next to the amazing Essex market.
… And Why You Can’t
Windows is somewhat scarce in this Lower East Side 2BR. The bedrooms have them, but the living room does not. (Hence the glass partition.) The kitchen window seems to face an air shaft, though it has a nice deep sill that could be a good place for plants. Unfortunately, this place is also a promenade. But it’s only on the third floor, so things could certainly be worse.