Manhattan for Under $300,000

By Linecity, July 14, 2021

We’re all looking for bargains.  Can’t help ourselves.  So here we present our three favorite apartments currently available in Manhattan for under $300,000.  Yes, you read that right.  Linecity can find you a home (well maybe in some cases just a pied-a-terre) right here in the Big Apple for less than you ever thought possible. Let’s see what you get.

The Gramercy House at 235 East 22nd Street, Apt 1-D

Gramercy House is a distinct art-deco building located at the southwest corner of Second Avenue and 22nd Street in the neighborhood of Gramercy Park.  This recently renovated, garden-facing, micro-studio is listed at $275K; yes you read that correctly.  

Given the price, this apartment far exceeds our expectations.  The main portion of the unit measures a reasonable 12×19 and three large windows face the building’s pristine private garden.  Tall beamed ceilings, plank floors and pre-war moldings provide character.  

There is a simple kitchenette on the far wall with a half refrigerator, a cooktop and a microwave.  The bathroom is picture perfect with white subway tiled walls and a  soaking tub.  

Yes, the apartment is small, but there is so much more here.  The garden and the common roof deck provide extensions to your home.  

This pre-war co-op offers a full-time concierge and a part-time doorman.  IN addition to the outdoor space, amenities include central laundry and a bike room.  The monthly maintenance is a reasonable $431, inclusive of electricity and air conditioning.  According to the agent, this is the only unit in the building for which a pieds-a-terre is allowed. 

Apartment 1-D is being represented by Dannelle Snider from Triplement.  To learn more about this property, please visit

90 Park Terrace East, 5-B

Our second property takes us uptown to Inwood, north of Isham Park and just south of the Columbia University Baker Athletics Complex.  It’s predominantly residential here; streets are lined with modest low-rise apartment buildings.  

Apartment 5-B at 90 Park Terrace East is a corner studio flush with light.  The apartment has a comfortable living area (12’4”x18’5”), large enough for both a sleeping area and a second area for a couch and an entertainment center.  A grand foyer adds a level of formality; one feels that they are entering a much larger home.   The windowed galley-style kitchen offers full-size appliances. 

The asking price for this lovely studio is $245,000.  The maintenance too is very favorable with a monthly charge of $544.

This post-war co-op has an elevator, on-site laundry, personal storage and a bike room. There is a resident superintendent. The co-op allows for pieds-a terre.

Apartment 5-B is being represented by Jessica Wagner of Bohemia Realty Group. To learn more about this apartment, please visit

45 Tudor City Place, 2106

When discussing inexpensive apartments in Manhattan, Tudor City undoubtedly funds its way on to the list.  This midtown neighborhood, predominantly known for studio and one-bedroom apartments offers a historic setting in close proximity to Grand Central Station.  

Apartment 2106 at 45 Tudor City Place, aka Prospect Tower, offers a nifty one-room studio with a kitchenette.  There is a hidden Murphy Bed as well as a built-in desk that also disappears into the wall.  Other features include casement style windows, plank flooring, a walk-in-closet and tall ceilings.  There is a full-size refrigerator as well.

The ask on this midtown co-op is $299,000.  The monthly maintenance is $906, which includes electric and gas charges.  

The landmarked Prospect Tower sits across from Tudor Park.  The building rises 25 floors and contains about 400 apartments.  There is a full-time concierge.  Amenities include the largest roof deck in Tudor City with views of the East River and the Manhattan skyline. Pieds-a-terre are allowed.

The residence is being represented by Steven Clair of Compass.  You can view the apartment on Linecity.