Depends where you are if your in the posh place it can be like 500 thousand to 2 crore or if it's a normal locality 50000 thousand (cheapest) to any amount in till 50000$ 1 crore is .7 million dollars
@@davidwade6484 Did you watch the video? It's 850 sq feet of living and bedroom plus over 400 sq feet of balcony and rooftop. The location is lovely. Lack of an elevator is a bummer but the apartment is FAR from crappy you donut.
The fact that a million dollars in NYC can get you such ~wild luxuries~ as a tiny dishwasher and in-unit laundry is absolutely insane. Especially considering there’s not even an elevator!! People in NYC are really out there living like shit and calling it high class lol
If I remember correctly, Monica inherited her place from her grandmother or something like that, which makes sense -- no way she could have afforded the rent or owned the property (2-bed) herself. It'd probably go for 3M-4M+ today. Joey's and Chandler's place was a much smaller 2-bed, but its rent today would probably still be 4K+/month... all of which Chandler was paying 😂. Since we're on the topic, Jerry's 1-bed in Seinfeld would go for at least 3K/month today.
Buying stocks might seem easy, but picking the right one without a solid plan is tough. I've been trying to grow my $100K portfolio, but the tricky part is not having clear plans for when to buy and sell. Any tips on this would really help.
@@AlfieArchiei I agree. From my own experience with an investment advisor, I've got $1 million in a diverse portfolio that's growing fast. It's not just about having money for stocks; you need to know your stuff, stay determined, and be resilient.
@@AlfieArchiei VICTORIA CARMEN SANTAELLA is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
@@claircourtway Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.,,
NOT MENTIONED IN THIS VIDEO: even when you "own" property in NYC, you must still pay mandatory maintenance fees. For a place that size, that's at least $5-600 per month.
The apartment is actually really nice and if it had an elevator and didnt cost like a million it would be really cool, i love the design of it to be honest
One million dollar price tag aside, the steps are a deal breaker for me. Imagine lugging furniture, groceries, laundry, etc into that unit. Also, unless I missed something there appears to be one bathroom. It would be difficult to wake up in the middle of the night to that spiral staircase when going to the bathroom.😫
Yes but if you get 100 feet away from de ring bell...you'll be in the recording zone and automatically you get the alert on your phone...I just got one as a gift in Christmas
This is a sad waste of a million but I guess if your filthy rich it’s a nice getaway side home in the cut 🤷♀️ I wouldn’t dare but hey maybe because I’m from ny and my project apartment is bigger but only one floor 🤷♀️
Living space is meaningless to me without land, I don’t care much for the indoor part but give me least 150 acres of woodland and that’s what’s priceless.
the fact this costs $1M is wild man. my boss got a $1M house in NJ and you could fit like 5 of these apartments inside his house😂 and thats not even mentioning all the property too.
@@bloodypelican can't speak for the bronx but many places in Queens have Manhattan prices (Astoria/Forest Hills). Other places you'd be lucky to find a 1 bedroom under 1500. A 2 bedroom under $2k is a steal
Just commute 15-30 mins on the Subway from Queens or Brooklyn and you can get a pretty nice home. You could even get a rental property with 3 apartments and collect rent from 2 apartments and live in the 3rd. That would basically pay your mortgage every month.
This is a very cheap apartment. In Toronto, new 2 bed 1200 sq condos will cost you 1 million dollar!! We are talking about Manhattan, New York, richest city on Earth.
I'm here in the city now looking for property. I'd say it's more difficult finding the right property to buy than anything else. Another thing I didn't expect was that you also have to be accepted by the HOA in some buildings. Just because you can afford it doesn't mean you can buy it. This is a nightmare!
@@seeratech6339 fair value?? With that money you could buy a house in germany with 3 beedrooms, large yard and property with a wonderfill view over a river. Buying this shit apartment for 1 million is laughable. 200k and no cent more.
I lived in NYC for a long time, I said I’d never leave….but once you’ve had a taste of some extra space, it’s hard to ever go back. I miss it a lot, but I’m quite happy to be a $70 Uber ride away with 5000 sq ft. That being said, if I could afford to drop $10m on place, I’d be back there tomorrow!
Yep plus I don't think that I would want to not have a car & I would think that would be the case there unless you wanted to spend a fortune on parking
Mia which is even more mind blowing to me. Cities like NY and San Fran seem to have their own economic scales that need a conversion rate for context to the rest of the country. Maybe some other cities I’m not thinking of too (those seem like the largest differences). Maybe LA and other major cities and I imagine the scale would slowly change compared to the first two. What do people think?
I love your channel, and this was a wonderful change of pace. Just one question though: How are you going to carry all your firewood up all those stairs? The fireplace is just for show. It's unfortunately not a practical feature, without an elevator
Yeah, but you'd be in SA, not in Manhattan. Like, my family owns property in Colombia, they are huge houses and one even has a pool. But it is not NYC.
Unfortunately that’s realistic for nyc. Been looking to buy just a one bedroom place, and unless you’re paying 1m or higher, most are going to look really shitty (i was duped by a lot of online pictures that looked amazing and in person looked was a shithole). I actually think the price of this one is pretty cheap, but suppose it’s bc it’s a weird layout that will be unattractive to any investment property buyers.
Don’t forget that one reason why real estate prices rose so quickly is investors (foreign and local) finding safe places to park their money. There is no more open land left in Manhattan, the only way to build is up, so prices are extremely high for what the local wages can sustain. Many residents simply rent...
1 Million is cheap in nyc given the current state of realestate worldwide and this place he showed is actually a steal given the neighborhood and the double roofdecks. But lets really talk. This apartment and the price it sells for reveals how much the dollar has been devalued... it reveals the true state of america and the world... the american dream is on life support.
imagine paying 1 million dollars for an apartment, then inviting friends over to party and have them to cross your bedroom to go to the outside dining area. Imagine, considering a friggin treadmill as a bonus feature. one. million. dollars.
Immagine after a long day of work climb all those stairs!in my opinion, the owner sleeps on the sofa! to avoid climbing stairs to go to the bedroom!🤣😂🤣
Here in Russia we actually have to come up the different amount of stories, based on the building construction. Can be from 5 to 9 with no elevator. So the video subject seems quite usual to me ;)
Having the ability to wash your clothes in your home is pretty awesome. Well I thought that was everyone but apparently NY’ers are so desperate to be around other city dwellers.
For me it's because A. I just came from all 10mil+ House videos. B. There is barely any natural light with a shitty view and C. This piece of crap is 1mil. Honestly my place in the netherlands is just a bit smaller, with great natural lighting and an actual view for 800 bucks a month. So this video also makes me kind of happy
Wow..I've been doing a quick look through of different million dollar house videos on youtube just for the fun of it...and I have to say, this is one of the more "average" looking houses...in a good way! It looks very homey and nice with the dark colors and the bricks...and its not even super gigantic...that would be a huge hassle to clean hehe...So...all in all this one's pretty cool :) ..
I have so many questions about how the furniture (and the treadmill) made it into that apartment. Also, carrying dinner up a spiral staircase - good luck. Finally $1M is just the cost of the apartment. Condo fees are probably $2k per month.
True, but comparing the night life/jobs/opportunities, not very many places can compare to NYC. Young professionals can’t afford to live in NYC, that’s true, but they can’t find jobs and diversity anywhere else. In a way, you are not just paying for the apartment, not literally anyways, you are paying to live in the city. There are more far more jobs here than people, thus, easier to change and adapt. Furthermore, NYC real estate has one of the best returns on investments. Meaning if you buy a home here for 1 million, 2-3 years down the line, it could easily be worth 2 millions. Which is also true of Texas and Tennessee but it’s far longer for investments to double, at about 15-20 years if at all. Also, it’s important to note that once people get older/don’t go out anymore, they generally live away from cities as they already have savings and don’t work anymore. You buy homes based on your needs.
Andrew LaGrotta NYC does not suck ass. It’s all about perspective, and you’re probably just living here. If you have dreams, goals and ambitions you can do amazing things in this city.
unlike most of the people in the comments, I really like this apartment. In Shenzhen, China, I must pay double to get an apartment as big as this one.😵💫
As someone who's lived in NYC their entire life id say the environment makes it worth it for me. Its the most diverse place in the world and you never get bored i wouldn't wanna be anywhere else
Busy streets, terrible traffic, overpriced housing, overpriced everything, a view that is terrible for 1 million dollars, poor air quality, pollution, I mean the list goes on and on.
The slave bedroom is in the cupboard next to the stair, the top shelf. Ofc the lowest one is reserved for your always nephew that stays over summer holidays. (in computers the terminology has changed for master/slave due to this racist context)
After he said “Here is what you can buy for $1 million dollars in NYC” I wholeheartedly expected him to show us a super premium cardboard box with a tree view.
@@XYZ-hv4us or FACE the consequences, so PALM your money tight, and don't HAND them over, because this costs an ARM and a LEG, so you don't want to be KNEE deep in trouble, because you should keep your NOSE in more healthy things, and stop EYEING such nonesense. Better yet, you should cover your EARS and HEAD out of this video. I win.
I was watching these type of videos a few ago and thinking the prices form $1m is nuts. With Covid our house prices in northern Cali are so insane I watched this today and thought, that’s not too bad for NYC.
Everyone complaining about having to go up all the stairs, when coming home drunk or whatever, I’m more concerned about the paramedics, who have to rescue you from up there
This place has potential, good space, easy to redecorate...but those stairs...and man, "have a laundry right here in your room is pretty awesome" didn't know I am already living in a high standard.
The bath tub in the terrace is a great way to let strangers from surrounding buildings check your nude body while you take an open bath. Great way to build a stalker following
Lived in a fifth floor walkup on East 83rd. It was 1973 and I was 19! I thought long and hard about going down for groceries or anything else. Can't imagine that much exercise now!
Erik, I noticed many times in this video you would refer to how rare or unique the features of this house were for the price point. Almost alluding to there being none quiet like it or at least very few that offer that amount of amenities for 1 million. Could you do a video on something more typical? It seems like for that price point the features of the house are not usually that nice…
I don't understand Americans you pay hundreds of dollars to go the gym but can't live in building with no elevator that stairs are basically your free workout
@@tanmaysingh267 what happens when you get old? Or some older relatives visit. Some packers and movers charge a lot extra. Will your small kids able to walk that. All this are valid questions
joey23 I’m a New Yorker myself but I’ve seen what else is out there, especially in the south.And I think that’s truly sad if people think this is a steal
joey23 I live in a pretty decent house for a little over $300k. If you take that $300 to Houston and see what kind of house that could get you, you’d be flabbergasted. Yes I said flabbergasted
You are correct, one million dollars is entry level for a house/apartment here. As he said, this is one of the actual "affordable" places for NYC dwellers. This video is showcasing how crappy of an apartment one million dollar gets you in NYC. It's a sad reality.
Well, you don’t expect to get a really decent place with one million in major cities. Especially in Asian cities such as Hong Kong, Taipei, Shanghai...let alone NYC. So I think an apartment in NYC comes with one million is a good enough deal.
I live in New Zealand. We have had mass immigration the past decade that has increased property prices massively. In our biggest city, very hard to buy a house for under a million. Blew my mind the average in America was 200K - you cannot buy anything here for that.
New York real state is crazy but it has its benefits for some. My humble barber of 25 years bought a 3 bdrm apartment on the lower 2nd. Ave in the early 80s. He recently renovated it and sold it in almost 4 million dollars. He retired to live in Serbia.
You could buy acres upon acres of land and never have to work another day in your life in some countries with that kind of money (assuming you're frugal with your spending)
@@fdz4866 You're wrong, you can buy a house with a sizeable plot of land for 10-20k, pretty much anywhere in eastern Europe(outside of the big cities). And since cost of living is 5 to 10 times smaller (outside of the big cities), you can live like a baller on 1000$ per month.
@@amongthequadi282 At least in my country with 1 million dollars you can buy a luxury 10,000 sqft house with two living rooms, TV studio, office, bar, a big kitchen, two gardens, five bedrooms, each one with bathroom, balconies and dressing room, another two bathrooms for guests, a terrace in each floor, basement, attic, service bedroom with bathroom, a roof garden with a jacuzzi and maybe even a little pool. In NYC you can barely buy something you can call an apartment.
It's a nice apartment, no doubt about it, but the walk up of the stairs totally kills it. I thought even the old buildings with that height all had elevators. I used to work near that area and all the buildings are old.