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Five 2 Bedroom Apartments on the Market Under $2.5M

Shopping around the Manhattan market for a 2 bedroom apartment and wondering what is out there? With real estate, the biggest saying is always "location, location, location." Of course, availability and value for your dollar strongly depends on, you guessed it, location!

We've rounded up a few different 2 bedroom Compass exclusives currently on the market in different neighborhoods around the city so you can see what a budget of $2.5M could get you at the moment. The following selection of properties are sourced from the Upper East Side, Upper West Side, Midtown East, Greenwich Village, and Tribeca. 

First, a look at the average price per square foot of active listings in these neighborhoods for 2 bedroom apartments...

2 Bedroom Manhattan price per square foot

The data reveals that, based on the median price per square foot of active 2 bedroom listings, your dollar buys you more in some neighborhoods versus others. As you can see, if you want to live in an area like Tribeca, it could cost you significantly compared to the average in the Upper East Side. It is important to note that these are medians and price per square foot can vary greatly within a neighborhood depending on the building type, condition, and location within the specific neighborhood.

The selection of listings below shows how size and PPSF can vary depending on location within the city. 

200 Chambers Street, 2D: 

$2,275,000 | 1,214 sq ft. | $1,874 per sq ft 

Common Charges: $1,562
Real Estate Taxes: $1,219

200 Chambers is a full-service luxury building with a selection of amenities including a pool, gym, and 24-hour doorman.

200 chambers street 2D

555 West 59th Street, 25C: 

$2,400,000 | 1,211 sq ft. | $1,932 per sq ft

Common Charges: $1,510
Real Estate Taxes: $1,420

The Element is a luxury condo with amenities that include a pool, gym, basketball court, and 24-hour doorman. 

555 W 59th St 25C

188 East 76th Street, 4D: 

$1,550,000 | 1,183 sq ft. | $1,310 per sq ft

Common Charges: $1,698
Real Estate Taxes: $974

Building amenities include a fitness center, sauna, and building concierge.

188 East 74th St 4D

305 East 51st Street, 3F: 

$2,475,000 | 1,596 sq ft. | $1,551 per sq ft

Common Charges: $1,623
Real Estate Taxes: $1,011

The Halcyon is a brand new, luxury condo in Midtown East with an expansive amenity offering. 52' heated pool, children, library, and sky lounge.

305 E 51st St 3F

25 5th Avenue, 8F: 

$2,499,000 | 988 sq ft. | $2,529 per sq ft

Common Charges: $1,230
Real Estate Taxes: $789

25 5th Ave 8F

Looking to explore real estate and see whats on the market that meets your criteria in real time?

Introducing Compass Collections

Compass Collections

Collections, developed by Compass, is real estate's first visual workspace that streamlines the home buying process. Tell us your criteria, and you will received a curated collection of apartments that match your interest. Furthermore, we can collaborate in real time with comments, and invite others participating in your home search to join as well!