Inside Manhattan Foreclosures
The mortgage market meltdown stretches far and wide, and its casulaties include some of the nation's top markets, including the exclusive New York City borough of Manhattan. Here's an inside look at three foreclosed properties available in the heart of the Big Apple.
LOCATION NO. 1: Upper West Side Condo
This three-bedroom, 1400-square-foot unit on Manhattan's Upper West Side is on the market for $1.75 million. A similar apartment in the building recently sold for just over $2 million.
Luxury at a Discount
This apartment is in a prewar doorman building and features high ceilings, tiled floors and crown molding.
LOCATION NO. 2: Upper West Side Apartment
This one-bedroom, 750-square-foot unit on Manhattan's Upper West Side features exposed brick, solid kitchen cabinets and marble countertops. It’s on the market for $750,000.
Location, Location, Location
The apartment is minutes away from Central Park and Riverside Park.
LOCATION NO. 3: East-Side Luxury
The 400-square-foot studio in this doorman building on Manhattan's Upper East Side is near the United Nations and one block from the East River.
Studio Makeover
This foreclosed, gutted studio is in the midst of a major renovation. It’s priced at $549,000.