this is what one million dollars buys
you
in new york city one of the most
frequent questions i get asked in this
series
is to showcase more realistic and
affordable luxury places in the city
in this series we have toured some of
the most expensive real estate in the
united states
i'm talking properties that are out of
reach for even the one percent
in this video sponsored by best buy i'm
going to take you on a tour of what you
can buy for one million dollars
in new york city
[Music]
the average price for a home in america
is just around 200 000
while here in manhattan the median price
for a one-bedroom apartment
recently reached near one million
dollars
so while this is expensive for the
majority of the country here in
manhattan
one million dollars is as close to
realistic as you can get for buying an
apartment
we're walking up to the apartment now
which is located on the border of murray
hill
and midtown this neighborhood is
definitely one of the more affordable in
new york city
there's tons of families that live here
it's relatively quiet but on the other
hand
there's tons of bars and restaurants
right nearby is the front door entrance
way
and we're actually going to take the
stairs up to the apartment because this
building
does not have an elevator this apartment
was actually built
in the 1920s and most apartments from
this air
do not have elevators and luckily for me
today
this apartment is on the top floor
i'm actually getting kind of winded and
another thing this apartment does not
have
is a doorman and that's something you
won't typically get with a more
affordable apartment
now entering the apartment we have a
large open floor plan with 11 foot tall
ceilings
and that classic new york city exposed
red brick
like i said earlier this building is an
older building you definitely get that
new york city heritage feel when you
walk in this room right off of the
entryway we have
the kitchen and now this is a pretty
great size kitchen for a new york city
apartment
it's also important to note that this
kitchen was recently gut renovated and
it has
all brand new stainless steel appliances
especially in this price range
renovations are one way to definitely
increase the value of your apartment
if you're looking to sell in the near
future and i have to say one of the most
unique things about this kitchen
is having a dishwasher built in if you
live in the city and you live in an
older building you know having a
dishwasher
that is that's considered luxury in new
york city
moving on from the kitchen we're gonna
head over to the living room and dining
room
which takes up the majority of the space
on the first floor
as you can see this apartment is one
giant open floor plan
but it's segmented out by the furniture
to carve out different areas in such a
large room
here we have the traditional living room
layout with this large
leather couch up against the wall coffee
table right in front
and the couch face is one of the more
unique features of this apartment
a working wood-burning fireplace with
these older buildings you might have to
do a little bit more work as far as
renovations go
but you can't replace that classic new
york charm this is authentic new york
city living
and then of course above the fireplace
we have a large tv
perfect for entertaining your guests the
total square footage on this first floor
is just about 500 square feet
as you know living in the city every
square foot counts and this apartment
does a fantastic job
utilizing the space for many different
areas another example of saving space in
this apartment we have these custom
cabinets here
against the wall right off of these
cabinets we have the bathroom
this bathroom is still under renovation
recently there was a glass shower put in
brand new tiling we also have a washer
and dryer built into the bathroom
most apartments you have to either go
downstairs to a basement to do your wash
or send it out somewhere in the city
having your laundry right here in your
home
is pretty awesome speaking from an
architectural standpoint having a spiral
staircase in your apartment is a very
space efficient way
to get to the second floor they take up
less space than a traditional staircase
and i think they look pretty cool and
the staircase goes
up to the second floor master bedroom
the master bedroom is just about 300
square feet
and that's pretty large for any
apartment in the city when you do buy an
apartment in this budget range it's very
rare to have two stories in your
apartment again speaking of space the
master bedroom has this custom closet
with these two very large sliding barn
doors i think it's a nice touch
and then over here in the corner we
actually have a space-saving treadmill
which
folds up when it's not in use
having outdoor space in new york no
matter what type of apartment you are
living in is definitely a luxury
especially if you have a view like this
one behind me it definitely adds a
certain ambiance you can come out here
at night have dinner with friends
it is a decent sized outdoor space it's
just about 150 square feet
most people in the city would be
thrilled to have any outdoor space
at all but check this out
this apartment has not one but two
rooftop decks to have a one-bedroom
apartment
especially at this price and have two
outdoor spaces
that's kind of unheard of in new york
city up on this second rooftop deck we
have an additional
300 square feet of outdoor space
everything that we've shown you for one
million dollars it's pretty rare find
this is definitely a gem in the city
with all this extra rooftop space we
also have the ring camera out here
which is a great way to keep an eye on
guests his furniture
while he's in the living room or
elsewhere it live streams video
to his phone 24 7. with all this rooftop
space there's more than one way to
access this apartment
the ring security system it really ties
everything together with the doorbell
the camera
to make a great gift and it's available
at best buy
it is the perfect holiday gift for the
traveler on your list
so you can monitor your home while
you're out there exploring the world
learn more about how best buy can help
you give the gift of peace of mind this
holiday season with ring security
products
check out the link in the description
down below and make sure to comment your
favorite feature in this apartment and
with that
i will see you in the next episode