The Boogie Down has some of the best deals around — and here’s one that just hit the market.
What’s more, it’s one of the cheapest homes available for sale within New York City limits — New York being a city that’s notorious for its high housing costs.
In The Bronx’s Fordham Manor neighborhood, this co-op studio at 2685 Creston Ave. boasts 360 square feet of living space and a — drum roll — $99,900 price tag. It listed for sale on Sunday, according to listings portal StreetEasy.
That jaw-dropping asking price makes it the third least expensive home currently for sale within the five boroughs, according to StreetEasy. The cheapest is a studio asking $89,900 in Jamaica, Queens; in second place is a 900-square-foot one-bedroom asking $98,500 for sale in The Bronx’s far-northern Wakefield section.
This Fordham Manor abode features south and east exposures, a renovated Pullman kitchen and a full bathroom with four windows. There’s even enough space for the unit to have a designated living room area adjacent to the bedroom area, and a combination dining room and foyer next to the kitchen.
The main room. Joseph Narcisse
The kitchen. Joseph Narcisse
The unit measures in at 360 square feet. Joseph Narcisse
Other highlights include archways and refinished basket-weave parquet floors according to the listing, which is held by Houlihan Lawrence Bronxville associate broker Peter Segalla.
Typically, city units with these low asking prices can be designated for the Housing Development Fund Corporation, dwellings that are reserved with strict financial requirements to give lower-income New Yorkers a shot at homeownership. But this, according to Segalla, is a market-rate sponsor unit that doesn’t require any board approval.
As for why it’s so inexpensive: The Bronx is “what Brooklyn was 40 years ago,” Segalla said, adding that savvy buyers know Bronx apartments will only increase in value.
The lobby. Joseph Narcisse
The bathroom. Joseph Narcisse
There are refinished basket-weave parquet floors throughout. Joseph Narcisse
The home is located on the fifth floor of a six-story, 83-year-old Art-Moderne elevator building with 73 total apartments, a terrazzo-floored lobby and a live-in super just one block from the B, D and 4 trains.
There’s on-site laundry, subletting is allowed with board approval after two years of residency, and the $451 maintenance fee covers heat and hot water.
While pets and investors admittedly aren’t allowed, Segalla assures, it’s simply “one fabulous deal!”
