It's all fun and gamers until someone puts a video game system on the terrace
Finding a 1BR for Sam Masur
Sam Masur. Born in New York. Raised in Los Angeles.
Now, he’s back in NYC, building a video game empire in DUMBO, but wants to find a place on this side of the river to call home.
We’re continuing our series based on Tomorrow, and Tomorrow, and Tomorrow, and today Sam is looking at his first property. ( Catch up on the series overview here.)
A few key details: Sam has a disability. He needs elevator access in whatever building he lives in. His budget is between $600,000 and $900,000, which is a substantial range, but one that will help us zero in on what he’s looking for.
He has good credit and will apply for a 30-year fixed mortgage at 6.25% interest, putting 20% down.
As we look at each property, we’ll assess the overhead and try to determine the best value for Mr. Masur. Up first? 568 Grand Street.
List Price: $825,000
Bedrooms/Bathrooms: 1BR/1BA
Approx. Size: Not listed
Monthly Carrying Charges: $1,266
Monthly Taxes: Included (co-op)
Monthly Mortgage Payment: $4,060
Total Monthly Overhead: $5,326
Details: Rarely available top-floor one-bedroom with sweeping East River, Williamsburg Bridge, and skyline views, plus a private terrace with direct fireworks views. The apartment features a windowed kitchen with stainless steel appliances, dishwasher, five-burner gas range, maple plank flooring, and ample closet space. Located in the East River Co-op, which includes a fitness center, landscaped parks, and community spaces.
Commentary: This is a beautiful space, and appears to be in fantastic condition. Of our selection of five units, it’s one of the pricier options; however, it offers several premium features worth considering.
First, it’s located on a high floor, which matters given the ongoing construction associated with the East Side Coastal Resiliency Project. The unit faces both the park and the water, and while there are ways to mitigate noise — including soundproofing windows to keep the rumble of trains crossing the Williamsburg Bridge from wafting up — this elevation and orientation make it one of the quieter units in this building’s tower.
The apartment also has a terrace, which is a standout feature. (One might call it a Gamer’s Terrace.) For a single person like Sam, it’s ideal for hosting and entertaining, and it offers a fitting place to celebrate milestones — such as the completion of the next video game from Unfair Games. What are your thoughts on this property for Sam?
Coming up!
