3816 Waldo Ave, 2-D

This elegantly renovated and spacious 3BR/2BA home offers the best of city living at a fraction of the price. This second floor home gets east and south light, and features satin finish Brazilian cherry floors, an in-unit washer/dryer, central A/C, custom lighting fixtures and recessed lighting throughout, and jacuzzi tub and glass shower stall in the en-suite master bath. The massive great room has plenty of space for a dining table, while the kitchen features a breakfast bar, granite counter tops, and plenty of cabinet space. Best of all, the unit trades with an indoor parking space and private storage space (approximate values of $40,000 and $15,000 respectively.)

The Waterford Condominium is a boutique, 24-unit mid-rise constructed in 2005. The building is pet-friendly and features a tax abatement until 2032, as well as a part-time doorman, gym, meeting room, children's playroom, super, and video intercom system. There is a separate, privately operated nursery school (The Riverdale Nursery School & Family Center) on premises. Wave Hill, Van Cortlandt Park, Ethical Culture Fieldston School, Manhattan College, Horace Mann and various restaurants and retail are all close by. For travel out of the neighborhood, the #1 subway line is just down the hill on Broadway, and express buses to and from Manhattan as well as the metro north jitney, which takes you to Grand Central in just 22 minutes, are just blocks away.

Priced under $650,000 with low taxes for years to come, parking, and storage - you can own for less than renting without compromise. What are you waiting for?