Searching for an NYC studio with storage, laundry, and outside house…all for underneath $600K? It might sound inconceivable, however there are Manhattan items that match the invoice — like 54 E. First St. #1B. Our Deal of the Week is an East Village studio with a washer/dryer in-unit and a backyard shared with just one different residence.
Worth $570,000
House Studio,
1 bathtub
The Worth: $570,000
The median asking worth for a house within the East Village was $1.2 million this July, in response to the StreetEasy Information Dashboard. Which means our Deal of the Week is lower than half the median asking worth for the neighborhood!
Patrons who put down a 20% down fee of $114,000 can anticipate to see month-to-month funds of $3,870. This features a mortgage fee of $2,965 and a upkeep charge of $905. Month-to-month funds are additionally effectively under the median asking lease within the neighborhood, which sat at a whopping $5K this July.
Why You’ll Love It…
Boasting 12-foot ceilings and whitewashed uncovered brick partitions, this unit actually has a putting, loft-like look about it. The peak is very useful in permitting for space for storing above the mattress, accessible through a library-esque ladder. Not solely does this add additional storage to the studio, however it additionally creates a built-in space for the mattress, good for many who like to sleep in a nook-like house. The nook is flanked by a window and built-in shelving for easy-to-reach storage.
One other standout of the unit is its renovated kitchen, which has ample cupboard house and lovely subway tile backsplash. The room can be large enough for a eating house for 2. Along with the built-in storage discovered within the kitchen and mattress space, there’s one other closet in the lounge and a separate storage unit within the corridor.
You’ll discover a washer/dryer tucked right into a closet proper exterior the toilet, that means you received’t need to haul your hamper to the laundry room or the laundromat. However the one factor higher than having in-unit laundry in New York is having personal outside house — which this unit nearly checks off. A glass door leads out to a semi-private backyard, which is shared with only one different neighboring unit within the constructing.
This constructing permits pets and sublets and permits co-purchasing, gifting, and guarantors on a case-by-case foundation. Its prime location places the constructing in shut proximity to a number of the East Village’s greatest eateries, together with Russ & Daughters, Katz’s, Fish Cheeks, Supper, and Tacombi. Transit-wise, there’s an F cease mere ft away, with the B, D, M, 6, J, and Z trains additionally close by. First Park and Sara D. Roosevelt Park are proper by the constructing, offering easy accessibility to inexperienced house whenever you tire of the backyard.
…And Why You May Not
Being on the bottom flooring isn’t all people’s cup of tea. The fridge isn’t full-size, and is at present situated beneath the countertop. Other than the window and door dealing with the backyard, all of the unit’s home windows are manufactured from glass bricks, so whereas they let mild in, you possibly can’t see immediately out of them or open them. However if you happen to’re trying to purchase within the coronary heart of the East Village at a stellar worth, remember to test this one out!
Take a look at the itemizing at 54 E. First St. #1B, listed by Hillel Fried of Compass.
Shopping for a house in NYC is not like shopping for anyplace else. Chat with our licensed StreetEasy Concierge for a free session to get ready.
