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Updated 01/08/2012 05:41 PM

What Can You Buy In NYC For About $1.1M?

By: Jill Urban

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NY1's Real Estate reporter Jill Urban finds out what $1.1 million can buy in various neighborhoods of the city.

Those who are looking to buy a home in 2012, our hunt to see how far your dollar goes in nyc real estate continues.

Two-Bedroom Apartment With Office
Upper West Side
324 West 83rd Street
$1,095,000
Contact: Brian Lewis of Halstead Property
Telephone 1-212-381-2252, Cell 1-646-228-7241

"You’re in a beautiful pre-World War I classic with so much character. It was redone by a big designer and the walls were done by the guy who did the White House restoration," said Halstead Property Executive Vice President Brian Lewis. "Six rooms, you've got two beds, a living room and full dining room and a gorgeous eat-in kitchen."

The home is located just steps from Riverside Park. There is a super on-site and storage.

Maintenance is just over $1,300 a month. It has been on the market for about six weeks.

Two-Bedroom Apartment In Brand-New Doorman Building
21-45 44th Drive
Long Island City, Queens
$1,025,000
Contact: Andy Dimakopoulos of Modern Spaces, 1-917-721-6056

"It's 1,194 square feet, it features 11-foot ceilings and upgraded appliance package: Viking and SubZero. And more importantly, a 580-square-foot terrace with Manhattan views," says Andy Dimakopoulos of Modern Spaces.

The terrace is accessible from all the rooms. The building also has a roof deck.

Common charges are about $1,150 and taxes are $100 a month with 15 years left on the tax abatement.

Three-Bedroom Apartment In Converted Landmark Building
365 Bridge Street
Downtown Brooklyn
$1,100,000
Contact: Mordechai "Mordy" Werde of Prudential Douglas Elliman, 1-347-401-4033

"This is a great corner three-bedroom, two-full bath plus a powder room, 1,800-square-foot loft with 11-foot ceilings," says Mordechai Werde of Prudential Douglas Elliman. "A nice, open kitchen with stainless steel appliances, abundant closet space, separate laundry room, open layout with a lot of light."

This doorman building has amenities like a gym, a children’s playroom and a lounge.

Common charges are $670 and taxes are zero for the next 8.5 years, as a result of a 15-year tax abatement.