At Last… an NYC Apartment That Won’t Make You Poor
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- čas přidán 14. 11. 2023
- This Apartment is 100 Year’s Old… but its got a new Soul. Do modern updates make for the perfect apartment?
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$720K for a shoebox and its a CO-OP? 🤣🤣🤣🤣Buying one of these is a nightmare because you have ZERO property rights and all sorts of ridiculous rules/regulations to follow. What an absolutely horrible investment.
Co-op means you own shares only
'Buying one of these is a nightmare because you have ZERO property rights and all sorts of ridiculous rules/regulations to follow.' Welcome to the HOA that is plaguing millions of Americans who live on sub-divisions.
Exactly. For that amount of money you can get a whole ass house away from people
The $677 "maintenance" fees alone are over 2/3 of the rent for 1 BR's in most other places. An absolutely horrible investment, all for the "privilege" of living like a confined pack rat in NYC.
Agree 10000%
I’m from Scotland and over the past couple of years watching this kind of content, I’ve realised how much of a big deal it is for New Yorkers/LAers to have their laundry in-unit. Even more mind blowing if you have BOTH a washer and a dryer. I definitely take that for advantage over here, we have a washer (AT LEAST) and dryer (if you have the space) in almost every home.
It's for safety reasons, sadly.
People steal other people's stuff.
Or...
They'll take clothes out of the washer/dryer if you're not there the second It's done and set it out for others to steal.
Or...
People sometimes use too much detergent/bleach and the residue from that could ruin your clothes.
@@janeentumbao8690 Totally get it. The added cost is awful and because I’m from a country where, if you DON’T have access to a washing machine in your home then that’s weird. Unfortunately it seems to be the other way around over the other side of the pond.
@@LM20237: '... if you DON’T have access to a washing machine in your home then ...' you to to the launderette. My washing machine broke years' ago and I never bothered to try and get it fixed or replaced. A wash and spin - I don't use the dryer - costs £4.40 and is cheaper than having my own machine.
Hey, I'm from Scotland too! All rental properties must have laundry facilities or no one will be interested. All property for sale must have plumbing and space for a washing machine. I was surprised to learn that this is not always the case in the US.
@@LM20237
We use inches/yards and Fahrenheit. Not too many other countries do that! We're so backwards! 🤪😜😆
The metric system is the most used measurement system in the world. Only three countries in the world don't use the metric system: the United States, Liberia, and Myanmar. Every other country around the world uses the metric system
The best part of this is you can have a condo in Thailand near the beach for $250 a month including pools, gym and high speed wifi. I love it. 😂
Lucky! Plus I love Thai food
exactly! genuinely trying to work that out for my life now, rent is just insane!!!
I'm coming..
city/area??
@@sleepnomore6065 do some research. The Philippines is great with a low cost of living but you can't beat Thailand for the infrastructure and quality of life along with the low cost of living.
That place was tiny. To me it looked like a studio that someone added a wall to, to make a bedroom. When he said it wasn't cluttered I almost spit out my coffee. There was literally stuff everywhere. It was not messy or dirty looking but they definitely crammed alot of stuff in there.
Yes, I thought they could make a lot more use of the space and I wonder how many people have hit themselves on the bikes?
That's exactly what it looks like. I live in a studio apartment on the west side of Manhattan and the main room is slightly bigger than the combined bedroom and living room of that apartment. And never mind that my bathroom is about two and a half times the size of that one.
definitely frat house vibes
I agree, but many people can be more minimal, and that gives you much more space to have around you. I for one would have 2/3 less items.
The bikes were totally unnecessary so that was the only thing i didn't like about the place and when they said it wasn't cluttered not sure why you spit your coffee out, talk about entitled. The place was highly functional and organized and had its own storage area. Clutter implies things are thrown together haphazrdly and its hard to navigate through the room. i.e. random boxes on the ground with misc. stuff in it no organization, stuff strew out all over the place causing you you to have to pay attention when walking and move out of the way, step over stuff or worse of all, do the sideways shuffle to get in and out of a space etc etc.
Also they said it was a 1 bedroom. that is a reasonable amount of stuff for one person to have in their house. they had more clothes then anything so they are pretty minimalistic so its a complete living space for someone without kids. since there were two desks, there might be a couple living there which is going to be the maximum i would expect.
your comment said nothing about the price of the apartment so i will not comment on "value" other then saying context is everything. you are also paying for the neighborhood. same thing as living in a gated community vs non gated or living close to the main city attractions vs living out in the stixs. The price you pay not only reflects the Square footage/acres you get, but also how much value do you put in convenience, security, community.
almost 3/4 of a million dollars for a one-bedroom shoebox, and a monthly maintenance fee not much less than the mortgage on my house on 3/4 of an acre and 4 miles from the Gulf. I really do think that people that live in the NYC area are warped.
Things like "Two offices" is just a bench with two computers.
I agree.
NYC is where the big bucks are made.....that's why the "warped" live there..they have guts
You can buy a better one in queens with 3 beds and 30 minutes away from Manhattan 😂
Congrats, you live where no one wants to. I really do think that people that live in the middle of nowhere are warped.
It amazes me how some grown adults can't seem to understand the concept of priorities. We don't prioritize owning large plots of land (not that 3/4 acre is large). You live 4 miles from the Gulf? We live 4 minutes away from our day-to-day needs. There are different lifestyles. You pick which one you want. None are objectively worse or better.
I love the exposed brick and fireplace. This place is adorable and has a coziness. If I had the money and was looking for a place in NYC, this would be a contender. I love brownstones and older buildings. Wonderful neighborhood, too.
@3:30, $720,000 plus $677 a MONTH maintenance. Hell, no. @3:57, for the price of the flat, I would expect a significantly better kitchen. Someone is going to buy it and good luck to them.
Not even doable
The reality is that the person who ends up buying this will make upwards of $200k a year so they won't give a shit that it's overpriced lol
Okay I thought I heard wrong. Why do they have to pay that amount every month if they’re not using maintenance service?
Now I can't complain. I just bought a little condo. It's about 60 miles from San Francisco but still in the Bay Area. It is tiny! Nothing fits. It's bigger and cheaper than this place. I was able to buy it outright. I wanted something bigger and nicer, but couldn't afford it.After seeing this, no more complaints!!
Cash Jordan has raised his standards so high that a $720k One Bed co-op-shared apartment is "perfect for a first-time homebuyer".
He has no idea what poor means anymore.
Considering that in my area 270k is for a studio apartment, or a TIMESHARE rv parking spot is 190k... yeah he'd go crazy with the low low prices of the places in my area. Lol
🤣
I think it's time for him to go to Japan again. He's been sucked into the myth that New York can ever be affordable.
It’s not that he has no idea what poor means it’s just this is what considered poor for NYC apartment
I honestly hate everything about NYC pricing. But I still love the videos and the music is banging. Entertainment at its finest.
Cash, seeing you in that apron made my day😂.
Haha
@CashJordan aw, Cash you looked very domestic. Like Bogie in the frilly pink apron in "We're no angels"
as he was praising the washer/dryer combo unit, Cash kept his mouth shut.....that had to be so very hard for you, Cash
I was thinking the same thing 😆
You would need to make around $190k/yr just to be able to afford the mortgage. Never mind the maintenance fee. That’s with $72k down.
More than that. Mortgage and the $677 HOA fees. I.just bought a little condo about 60 miles from San Francisco. My HOA is $614, which is ridiculous.
@@adc2327 You're right. 60 miles commute is idiotic.
Hate to break it to you Cash, but you have to be not-poor by definition to be able to afford this.
I’m from Chicago. I have that same size condo on the lakefront $80,000 which includes a deeded parking spot In a great neighborhood. I spent an additional 40,000 for a customized kitchen, Murphy, bed, and closet. I know you guys love New York. However I cannot justify the prices of real estate in nyc. I I love to purchase real estate. This small purchase allowed me to purchase a second home in the southwest of USA.
Cash- Cute, compact and priced for NYC. Nice pad. Great job. Ilya was pretty cool and confident too.
Keep going!☮️👏👏👏👏
You made it to over 600k! Congratulations! 🎊🎈 🎉
❤ the place!
Very eclectic yet pulled together nicely. Very cozy and light feeling.
I love the style of the folks that own the apartment! You can see that they love life & their home!
I’ve only heard of Co-Op’s. I think it’s just a NY city thing. I don’t think they exist anywhere else in the US. I can’t imagine paying over $700k just to own shares of a building.
I really enjoy your videos Cash! I don’t have any plans to move to NYC or the north in general (I love living in the south) but I enjoy apartment tours and news about what’s happening in NYC. 😂loved the apron especially because I know you can’t cook! I look forward to a new video everyday.
😂 I used to do delivery for amazon I've deliver to this building before I've always wondered what it looked like on the inside
720,000$ for this 1 bedroom 100 years old apartment! and this is considered the cheapest it can get Wow now I realize how big NYC housing problem!
The saga of the bread maker….such an international thing….always purchased; never used by anyone I’ve ever met…😂😂😂 🇬🇧
👍😂🇨🇦
Hi Cash and to your friend this is a wonderful NYC apartment that is affordable. I like the old buildings and trains stay safe and well 👍☃️
Can’t imagine living in so little space. we left NYC long ago. Live on 23 acres, horse barn, ponds, shed, shop, 4,000 square foot house. I think my kitchen is bigger than the whole apartment. Near 2 big universities, lots of culture, food etc.
You forgot to say you only pay $1.50 a month for all that.
It’s a very different aesthetic and set of priorities. Both are great in their own ways. Just VERY different!
Same here. 50 acres 2400 sq ft house in Michigan for $310K away from everything and anyone. 1000 ft driveway off of main road. When I lay down and open my windows, I only think what kind of a rat race is happening in NYC at the current point in time while my noises are the leaves rustling in the forest during the night. You couldn't throw me a $5 million bone to move to NYC. Hell no!
Both modes of life work for people dependant on what they can afford or where they either prefer to live or have to live. Of course we are still talking about people who CAN afford to buy a home or pay a high rent - remember always that that level is far from everybody ! Most humans have to just take whatever they can find in their budget - if anything at all fits ! It does a body good to be at the that bottom level at some point in life, just to set up the appreciation for better things !!!
And plenty of people can't imagine living in the middle of nowhere like you.
Greetings from Germany, thank you for all your content, love it.
Wishing everyone a blessed happy thanksgiving praying for everyone everyday God bless you all
That is still a lot of money for a tiny bedroom.
I prefer old...I would cherish this apartment ❤
Congrats on the 600K!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Been following you for quite awhile and this is an accomplishment. Take care.
Very nice place, great ideas on setting up
RIP NYC :(
Couldn’t agree more.
Good of you to document the calm, before the storm there.
I love that apartment, and the owners have done a great job making it functional yet charming and cozy. Having so many plants certainly helps make the place feel welcoming. I liked the neighborhood too, and my personal preference is to buy, rather than pay rent.
Cash, that apron is soooo you! 😂 Thank you for this very enjoyable video. 😀😃
Great apt Cash and the people who live there are way cool ! Thanks for the video ! Wishing you well !
As a person who lives in a town with 1000 people and in a full size house I could never imagine living in that cramped space
Living in shoe boxes because you want to live in New York. People, America is a very big place. You deserve better. Take your money and live in a place where you can actually LIVE and not exist. Majority of Newyorkers are merely existing in their shoeboxes.
And yet you watch.... Puzzling, the clientele for this channel.
Imagine the house with a yard you can buy for $720,000 in the outer boroughs. Not including the $677 maintenance extra you are paying. I'll Stay in Throggs Neck in the Bronx with my four-bedroom duplex and yard for less. I can live with the hour commute by NYC Ferry to work.
SHHHHH!!!!!!! don't tell others about Throgg's Neck! Let the world keep thinking its just one giant hood.
that price makes my mortgage of £125 A month won't even buy them donuts and coffee .... for a week, it makes me feel blessed
You're a cool 😎 guy Cash! Love hearing ya!👌💯
$750k for a tiny 1 bad 1 bath that you don't even really own...no thanks!
Sorry can you explain why you wouldn’t really own it?
@@vibeswithdj You own shares in the building based on the square footage of your apartment. It's a good thing, since the co-op has to help you pay for repairs to walls/windows etc and it's generally cheaper than living in a condo. Tax deductible building taxes are a shared expense and part of your monthly maintenance fee and you make decisions about the building in common with the other owners. I have lived in a co-op for 20 years and it's been great. Every time I think of moving to a house or a condo and consider the taxes and repairs fees - it's just a no brainer to stay put.
This is Gonna b so Good CJ🔥🔥🔥👍n Happy Wednesday😀….
Cash should be a real estate agent. He sells better than the actual agents!
I believe he is an real estate agent
@JavonGrim Just to inform you: Cash Jordan ìs a real estate agent.
Hi from Australia - I'm loving these vids. Such an interesting look into the lives of New Yorkers. My own house is quite small, and I love living small.
Great place. Thanks😊
"where you have fun with your enemy before they go unconscious"... sounds like a typical weekend night
I am a native NYer living in Ohio. My 1 bedroom apartment is way bigger (575 sq ft/LR is 11'3"×21'5"), and rents for only $700.00 monthly. Do I have a brick wall and fireplace? No, but I have 3 closets, bigger appliances and an eat in kitchen (6'10"×15'8"). People who are into Feng Shui wouldn't live there for these reasons. The bed is in the death position (bodies get carried out of rooms feet first), and it is the first thing you see when you enter the apartment. You'd either have to keep the bedroom door closed, or make sure your bed made. That literally is a "bed" room, because nothing more than a bed can fit inside of it.
I told my friend, who had her bed positioned, feet facing the door that very thing. Our apartments are identical and even though you have more room with the bed that way, I like where my bed is. I can't even see the doorway from my spot, just the door. Gives me goosebumps having a bed positioned that way.
Cash, when you tour a home that has people living in it, don’t touch their things - I know you have to touch things - taps, counter tops, doors and windows are ok to touch, but not personal items and especially items that contain items that they may put into their mouths (altoids). In addition to you maybe breaking it, or showing private / personal things stashed under the bed or the way up high cubby (we all can see and know it’s storage), your hands are full of germs when you come in from the subways, streets and other people’s places. They let you into their home on trust so respect their stuff and privacy.
Congrats on 600K subs Cash! Love your videos
If you're buying anything that's more than 2 floors up, it has to have an elevator. Cuz you'll be 80 years old someday.
Congrats on 600k!
You are so funny. You have a natural vibe that's engaging.
i have to say that is NOT a walk in closet😂 i say it every video but i love you Cash!
This is not a house to own. It's basically a condominium that's basically what it is pre. Rented. You pre rent in it and you pre-own it. But you never will only at right. Because some corporation actually owns it, not you.
Great video, Cash 👍
This should make everyone thing twice about the cost of having a roof over one’s head. And for those living in subsidized housing in which tax dollars subsidize your rent and utilities, this video should really make you think about the actual costs associated with buying or renting a home. The haves and the have nots is really in play here. Having a job and keeping a roof over your head irrespective of where one lives is often a paycheck to paycheck proposition. We need to honor our communities and make them almost pristine and honor the soil under our feet.
It's small, but very nicely furnished,, I like it.
I am so spoiled where I live in Florida compared to the urban jungle of NYC. I live in a 3 bedroom/2 bath home on the intracoastal waterway with dolphins and manatees in my back yard with a pool, boat dock, and 2 stall garage. I only live a few blocks from a beautiful beach too. I could probably get $800 K for my home which is about the cost of this very small apartment.
And you only pay $1.95 a month.
Yea, but it's Florida. 😅
@@MsWarriordiva Better than living in a dump like NYC where the rats out number the humans 4 to 1.
@@MsWarriordiva And NYC is the biggest dumpfest in the state. Weird smells on every block. Bed bugs abound. Flooding in the subways and everyone who works in Manhattan has to live in Brooklyn due to affordability purposes. haha.. umm yeah that would be a no for me.
The gaslighting is unreal :,) with the added mint for your fresh breath and the walk-in closet
A for interior design and use of space! -F for that $750 price point. In the Southern states you can buy seven three bedroom one and 1/2 bath townhouses plus the land they're on for that price point.
5:31 "Look at that, full-size tub!"
shows a half-size tub
The location checks most of my boxes, and the apartment has laundry and character. But it's relatively small, and the mortgage plus the maintenance fees put it far beyond my pay grade. If you have a SO to share the bed and the costs, it had better be someone you want to be close to, because you will be, every moment you're there.
I mean if you can afford 750k for a home, who tf are you even anyway?
Bro I cant even. Gosh everytime I think about moving to NYC the rent just pushes me back. I live in downtown atl and its getting expensive but not like that!
That is a lot of money for a little, outdated space.
I guess the outside location is more important than the inside space.
What you can get in downtown Philly for that price would be spacious and modern.
Philly. 🙄
I really wanted to see how long it took to open the door but all jokes aside we need a cash Jordan here to navigate Philadelphia rent prices. On a side note, I would love one of these ppl to help design my apartment
Wow! Wow! Wow! Incredible location, amazing price for a one bedroom, and it's lovely! Cool CoOp.
Awesome job cash I will see you tomorrow my friend
How much did they pay you to advertise this place? You're apparently reaching out to an audience that is looking for affordable apartments. $720k is not affordable, nor is it achievable for most people in NYC besides the 1%'ers. Being a co-op, they probably ask for 20% down, which would be $144,000. The down payment alone will make you poor, let alone maintenance fees, which I can't imagine are less than $1000 a month.
I think that apartment is really cute! Great for a single professional. Great location, near subway, and Central Park. I'd buy it. But only as a single, it's too small for a couple.
If the rules don't allow bringing in a new washer and dryer, what happens when the one currently in the apartment becomes obsolete? No replacement allowed?
Nice to see you again in the UWS. :o)
I didn't know he can sell that apartment without the board approval. I wonder how he did it ?
I wouldn't by a property that I couldn't sell if I decided I wanted to leave for whatever reason. Co-op boards often want to approve a buyer, but it cannot prevent you from selling.
There are co-ops that don't require board approval.
If I were looking for a place in NYC, I'd be all over that one, as long as pets were allowed in the building.
Nice place, well presented.
very nice apartment, very romantic. we have something similar in Berlin. with the money from the shares the co-op is building new apartments or buy finished. and actually the maintenance ist the rent. and to buy shares is much cheaper.
I had my chandelier custom made at Home Depot, too.
Hey Cash….robot vacuums rule ! I love mine
All of those restaurants are making me hungry. I miss my shirt break from potato chips.😿😭. My appetite picked up, Consequently. The 🎹🎻🥁🎸music is nice, thank 🤙you❗🤙Owning💷💰💸💶💰💵🪙 shares pikes my interest, Yayyyyyyyy!!
Spotted my building in one of the street shots ♥️ uws forever
despite always watching these videos and knowing the NYC prices, when he said this was the cheapest apt for sale in NYC right now, I was not expecting the price tag. Goodness!! Question for NYers...is pay commensurate with these types of prices?? or must you always find a roommate(s) or have a significant other to even think about affording one of these spots? I'm legitimately curious...
JUST CALL HIM 600K JORDAN 🥳🥳🥳🥳
Luv, luv, luv......watch out I'm heading to New york!!!!!!
Very nice apartment. What would the monthly mortgage payments be? Also what is a cooperative? Cash, when you put on the pinny I nearly died!
The.monthly payment would depend on the down payment and interest rate on the loan. In addition $677 a month co op maintenance fees. The co op is a governering organization that runs the building. Buying the apartment would be like buying a share of the corporation.
You went from green eyed Cash Jordan to blue eyed Monster Jordan 1:50
😂😂
Nice apartment. Though if the kitchen was renovated did they forget the floor?
Loved the unit and also thought Cash looked like a real "Maid in Manhattan" 🙂
I own a home about 30 min from DC. It was going to foreclosure, and I got it for $300k at 3% interest. 4 BR, 2 1/2 BA, country kitchen, living room, dining room, full finished basement, wall to wall fireplace, wood flooring, huge 2 car garage and 1 acre of fenced in land. I would lose my mind if I bought that tiny apartment lol. However, I think it's great for people that love the city and aren't claustrophobic like me. Thanks for showing the video Cash!
Nice cozy place
9:00 Cash in an apron! LOL!
😂😂😂😂”where you can have fun with your enemies BEFORE they go unconscious…” OMG I’m DYING over here🤣🤣🤣🤣cash just keeps getting better & better
I really like this apt. I was born in NYC even though I live on the west coast now, and I STILL store things under the bed! Guess you can take the gal out of the city but you can't take the city out of the girl! hahaha
Pyramid scheme lol, that is a nice place that you showed, it's enough room for you to eat, sleep and work. You can have company over and don't feel crowded. On to the next one. 😀
That's super expensive IMHO for a 1 bedroom apartment in an old building.
It’s in Manhattan
And its a CO-OP. You dont actually even own the unit.
@@markadler8968: 'You dont actually even own the unit.' Yes, you do which is how come the owner can SELL.
I would use a bread maker, but I'm not sure about the robot vacuum cleaner.
Hey Cash, at 8:37 what's going on with the kitchen floor is that blood 😮and the long black streak is that the tile. You said it was new right 😂. Love you though hope the family is well 💞
Jordan you have to come tour my apartment on the UWS 68th b/w columbus and central park. The smallest penthouse in NYC ;)
Thats a great small apartment...in a Great Area 👍..
What a fun guy! I just want to get him a medicine cabinet and a sink sprayer!
My kitchen is bigger than the whole place. I would go crazy. can't believe that's 700,000
Shout-out to the upper westside!