8 great New York City starter homes
Rise Media, courtesy The Corcoran Group
These NYC pads would be perfect for first-time home buyers
What does a “starter home” look like in New York City? In other cities, that may mean spending a modest amount of money on a single-family home; here, that’s … not going to be the case. But there are still deals to be had for young (or not-so-young) first-time buyers who want to own a piece of NYC—if you know where to look.
We set out to find great starter homes in the city, covering a wide swath of what’s available in New York right now. And in a break from the last time we looked at starter homes, every single property featured here is asking around $500,000—which is reasonable since, according to a recent StreetEasy study, the typical first-time buyer can afford up to $524,000 in NYC.
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