Here is a closer look at the cheapest apartment on the market in Brooklyn.
The studio is listed at $185,000 and is located in the Madison section of Brooklyn. For those who aren’t familiar with Brooklyn, the neighborhood is about an hour commute on the subway to Midtown Manhattan. The apartment is on Nostrand and Avenue S.
Surprisingly, the apartment seems to offer a lot for the smaller budget. Where else can you get an apartment for under $200,000 in New York? Actually – no where else, since this is the rock bottom in price.
What the Apartment Offers
The description on Zillow says the studio is sunny with a large living room and separate kitchen. It also has low maintenance. This is the first time this apartment has been on the market.
The listing photos also show a modern lobby, laundry room, outdoor pool and parking garage. Subletting is permitted after 3 years.
If you’re wondering how the real estate market is in Brooklyn, click here to read more insight on the local market. Just remember, the rental market is also dropping.
