A one-bedroom apartment in Manhattan's Turtle Bay neighborhood has hit the market at $799,000, featuring a wall of casement windows as a key selling point. The listing is part of a Curbed roundup highlighting New York City units priced under $1 million.
Beyond Turtle Bay, the roundup includes a two-bedroom unit in a recently renovated brownstone in Bedford-Stuyvesant, Brooklyn. Both properties reflect the ongoing availability of sub-$1 million options in the city's pricier neighborhoods.
The roundup suggests that buyers in this price range can still find units with distinctive architectural details, such as the casement windows, even in sought-after Manhattan locations. It also underscores the continued appeal of Brooklyn neighborhoods like Bed-Stuy for those seeking renovated brownstone living.
Affordability remains a key factor for buyers navigating high mortgage rates and elevated prices. The listings below $1 million represent a segment of the market that may attract first-time buyers or those looking to downsize without leaving prime areas.
Economists note that while inventory has ticked up, competition for well-priced units persists in desirable neighborhoods, and the availability of renovated properties like the Bed-Stuy two-bedroom could signal a gradual market rebalancing.