SoHo Apartments for Sale - Part 1 What does $500,000 Buy Me?
August 20, 2010 12:10 PM
Soho Apartments For Sale
Are you looking for a Soho Apartments for Sale . Well, If you have you have come to the right place because we are here to educate you on all things about Soho real estate. Soho is one of the most popular neighborhoods in all of New York City and because of that, Soho Apartments for Sale are some of the most expensive.
If you do a search for Soho Apartments for Sale for under $500,000 you are going to find your search rather limited to just a few small studio co-ops.
As of today, August 20th, 2010, according to streeteasy.com there are 7 apartments available in Soho for less than $500,000 and three of those are in-contract.
You can buy Soho apartment for sale as low as $270,000, and that's going to get you a studio in a walk up building that is described as needing a renovation. One of the first things to understand about
buying an apartment in Soho is whether or not you will be looking at a co-op or a condominium. To figure that out, go read this blog about whether a Soho coop or Soho condominium for sale is right for you.
If you are a foreign national looking to buy a Soho apartment and you need financing we encourage to read more about Foreign Nationals Financing in Manhattan .
Right now the median price for a Soho Apartment for Sale under $500,000 is $399,500 and the median size is 525 sq ft. Take in mind that the median price for all Soho real estate is $2,495,000.00. So that shows that finding an apartment in Soho for less than $500,000 is a very small part of the market.
If you are looking for a Soho Apartments for Sale under $500,000.00 and would like to contact me, call me at (917) 837-8869 or email at morgan.evans (at) elliman.com
Copyright © by Morgan Evans 2010 **Soho Apartments for Sale - What does $500,000 Buy Me?