What $500K Buys You in All 5 NYC Boroughs | Full Property Tour | Buying in NYC!
Video Overview & Insights
0:00 - 0:35 Intro
Excellent analysis of the current US housing market. Thanks for sharing!
0:35 - 3:14 Manhattan Listing
3:14 - 6:08 Brooklyn Listing
These NYC prices are wild, but when you're ready to jump on deals, having that instant credibility is key for funding. ShelfCorpGiant helped me bypass years of waiting to get approved for serious capital.
6:08 - 9:49 Bronx Listing
9:49 - 14:03 Staten Island Listing
What moron pays 500k for a 1 bedroom.
14:03 - 16:39 Queens Listing
16:39 - 16:59 Outro
Hi there!
Could you make more videos like this? But you can see that a challenge between price & performance. As an example, if you create a new barrier from lower prices (like between 250 k - 350 k) for NYC, maybe it would be much more diffucult to find liveable places in this average but that makes very interesting options for your followers. And i want another extra from you: Could you share the point of the apartment in a big NYC Map? So, everybody can imagine the location easily.
Thanks
Discover what $500,000 can get you in NYC across the five boroughs! From Manhattan, Brooklyn, Queens, to Staten Island, and the Bronx we take a look at real listings and break down the financials of each home. Which borough gives you the best value for your money?
Which home would you choose and why? Comment below!
I live in Australia. Those apartment costs are pretty reasonable but the monthly property taxes and maintenance fees are APPALLING! If the government dared to charge property taxes (called rates here) anything close to that there would be riots on the streets! And where does it go? To that communist mayor and his grifter friends 😢 What happened to land of the free??
🔑 Manhattan Listing Info:
Property Address: 370 Lenox Ave
Don't do it!!!
Rich people with money don't claim NYC as their primary residency. They rent. BEcuz the polticans here collects taxes they steal.
The only ones that buy are HIGH END LUXURY clinents worth multi millions who pay cash.
1 BED | 1 BATH
Listing Price: Starting at $499,000
Good guy but talk to much show more
Property Link: https://www.compass.com/app/listing/370-lenox-avenue-unit-207-manhattan-ny-10027/1524960750876011393
🔑 Brooklyn Listing Info:
Property Address: 1411 Bushwick Avenue, Unit 4C
1 BED | 1 BATH
So they took the rent controlled apartments and split them into three
Listing Price: $600,000
Property Link: https://www.compass.com/app/listing/1411-bushwick-avenue-unit-2c-brooklyn-ny-11207/1657773025585309673
Only11211benchziphome pl ess
🔑 Bronx Listing Info:
Property Address: 445 West 240th St, Unit 5D
As a European it always amazes me that Americans have to pay property taxes while they own a building. Here if you buy a property there is quite a high tax you have to pay (but you can ask for a monthly payment through the first year you own the property) but thats all. If you buy a home you expect to be living in until the end of your life, these fixed costs are great imo.
Besides why the jumping interest rates? Can somebody actually explain? Im genuinely curious 😄
2 BED | 1 BATH
Listing Price: $490,000
None of those places are worth those prices it is just straight robbery
Property Link: https://www.compass.com/app/listing/445-west-240th-street-unit-5d-bronx-ny-10463/1658977879994238825
🔑 Staten Island Listing Info:
First apartment is basic at best...not nowere near the price they want..it is just robbery
Property Address: 270 Sharpe Avenue
3 BED | 2.5 BATH
I'm here just to say I'm not gonna even bother watching this studio video .....
Listing Price: $$595,000
Property Link: https://www.compass.com/listing/270-sharpe-avenue-staten-island-ny-10302/1638656181366130905/
what 50k can buy for us
🔑 Queens Listing Info:
Property Address: 98-20 62nd Drive, Unit 6J
Imagine having half a mil and purposely making your life a miserable hell by buying one of these, lmao.
3 BED | 1.5 BATH
Listing Price: $500,000
The house on Staten Island feels haunted
Property Link: https://www.compass.com/listing/98-20-62nd-drive-unit-6j-queens-ny-11374/1430410282273402497/
🔗 Useful Links:
Houses in USA are bit affordable than in some Indian Metro cities, crazy thing.
$1,000,000 in All 5 Boroughs - https://youtu.be/7GfN9lWfouc?feature=shared
$1,500,000 in All 5 Boroughs - https://youtu.be/-kAOZ29PNlw?feature=shared
That’s a balcony not a terrace in Bushwick.
Condo vs Co-op - https://youtu.be/5xcKfbgwFn4?feature=shared
Follow my Socials👇🏻
so basically keep renting your overpriced rental
Instagram: https://www.instagram.com/justinmartineznyc/ (for real-time updates)
Facebook: https://www.facebook.com/justinmartineznyc/about
1000 sqf, "you get a lot of bang for you buck..."😂 No sir, you don't !
TikTok: https://www.tiktok.com/@justinmartineznyc?lang=en
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500k gets you a shoebox lol
Image Credits:
The Greenbelt, a series of parks and trails in central Staten Island, NY by Dorothy Reilly, available under a Creative Commons Attribution-ShareAlike 4.0 International license
damn these all look like amazing value compared to Australia!
https://commons.wikimedia.org/wiki/File:The_Greenbelt,_a_series_of_parks_and_trails_in_central_Staten_Island,_NY_.jpg
Clove lakes park trees by JanetisGonzalez, available under a Creative Commons Attribution-ShareAlike 4.0 International license
Make an updated version for this year 😂
https://commons.wikimedia.org/wiki/File:Clove_lakes_park_trees.JPG
Music Credits:
i love how he keeps saying "slightly over 500k" then saying "600k". "slightly over" stops at like 525k. beyond that is a whole different budget
Big Slinker by Birocratic
Bodega by Underbelly
Highway robbery. All of it.
Boom Bap Flick by Quincas Moreira
Bump by Dyalla
I'm impressed how nice these apartments are for only half million.
Like That by Anno Domini Beats
That is so depressing…no garage, no yard, probably no car.
No way. 🫤
More User Perspectives
Easy to understand how someone like Mamdummy can get elected, when he pitches his affordability nonsense to the masses.
@ncexnyc4466a small room in brooklyn.. in the middle of nowhere next to cemetery is upwards 4000..? and a parking is 70000? lol
@glokleeWay too close to too many democrats!!! I'll keep my east texas plot i'm
@TonyAtwood-h1lSo many peeps in comment have money 100% they need apartment cost roughly 5 to 2 million dollars 😂😂😂wow i cant imagine the tax..insurance
@LikzinahRego Park in a heartbeat. It's a very nice area and flies under the radar.
@CarterofmarsDoes the first and 3rd apartments have neighbors beside them?
@Empress_Dominique😂😂😂 Someone thinking half a million is buying on a budget 😂😂😂
@JasonMcLaughlin19I mean this with no disrespect, but I would rather eat a blue Jean jacket than pay that much for so little.
I have to still pay for laundry in the third one I think? I’m flabbergasted 😭
I’m moving to statan island.
@Repent-w9rThat building Harlem was hugeee ,they pushed the tenants out with a greedy landlord
@lg8699Wow this one your video was very educative and interessant to now for more normal people with normal salaries to life in N.Y .1000 thanks❤❤❤
@alainferrara2033Please let the eye rest....
@SueHowie152Yeah, I honestly think the house would be the best bet.Unless you absolutely wanted to be in the city because like you said, it's only an hour.Big deal, you're there.You can do everything you want anytime you want.And get the hell out.. Then, you can you can come home to your own house, your actual own place.. Backyard, barbecue parking garage done deal for me
@karlbuote2216AMERICA IS FUCKED
@FredChipsCHRIST STATEN ISLAND HOUSES ARE ALL HORRIFIC THEY LOOK LIKE THEY ARE FOR 100 YEAR OLD PEOPLE
@FredChipsThis is insanity!!! First thing he mentioned, how this is affordable and proceeds to show a 500k, 50k down, $3657 per month fucking shoebox that would even fit my current bed. You can 10x your space easily in a safer, cleaner neighborhood still surrounded by things to do and just train into nyc, to each their own but you couldnt pay me to live in the city
@mtall1238Interest rates are insane there in the US. We've got a mortage last year here in the Netherlands for 3,51%, which has gone up a bit to around 4% this year.
@MartijnvanStuivenberg1:10 "If you work from home, you don't have to work from home...you can work here!" Proceeds to show a dark closet.
@ThingsIveForgotThx for putting timestamps of viewings.
IDGAFF about Staten Island.
ALSO, your ballpark $$$ is VERY helpful and a reason to watch your videos over others.
some of the Brooklyn units at Bushwick Avenue Lofts appear to have been on the market for a year. What gives? 🤔
@stewarthunt1722The Staten Island House is " slightly " over 500k. To the best of my knowledge 595k is 600k not"slightly" above 500k
@shayasteinberg4812I have no idea what kind of locations these are but the prices seem pretty reasonable honestly - comparable to prices in Northern Europe capitals. Considering the $5,000/mo shoe boxes that people live in in NY it's sounds like quite the steal honestly. The American mortgages rates are insane though, so it'd be sweet if you could cash it.
@oyuyuy