New York: Top 5 Renovation Picks - Aug 08, 2025

reno_properties
Sat, 09 Aug 2025 02:49:55 +0000
New York

31 Crescent Ave — $459,000

Beds/Baths/Sqft: 2 bd / 1 ba / 1,170 sqft

Price per SqFt: $392

Lot size: 2,500 sqft

Year Built / Type: 1925 / Single Family Residential

Parking: On Street

Status / Last Sale: Listed (Active) / $459,000 Aug 8, 2025

Summary: This charming two-bedroom house offers a spacious layout with potential for customization, including an unfinished basement and a walk-up attic that can be converted into additional living space.

Renovation rationale:

Low price per sqft at $392, built in 1925 indicating potential for value increase through renovations.

Usable lot size of 2,500 sqft allows for outdoor enhancements or expansions.

Why these metrics matter for renovation:

The lower price per sqft indicates a more affordable entry point for renovations, while the older construction offers opportunities for modern updates that can significantly increase the property’s value.

Recommended renovation ideas: Consider adding a second bathroom to maximize utility and appeal, and finish the attic for additional living space.

View on Redfin

2241 Plumb 1 St Unit 6N — $235,000

Beds/Baths/Sqft: 2 bd / 1 ba / 850 sqft

Price per SqFt: $276

Year Built / Type: — / Condo/Co-op

Status / Last Sale: Listed (Active) / $235,000 Aug 8, 2025

Summary: This well-maintained 2-bedroom co-op offers a top-floor location with maintenance fees covering utilities, providing a low-cost living option with renovation potential.

Renovation rationale:

Extremely low price per sqft at $276, making it an attractive entry for buyers looking to invest in renovations.

Smaller layout provides add/convert potential to maximize living space.

Why these metrics matter for renovation:

The low price per sqft allows for a flexible renovation budget, potentially increasing the value significantly if modernized. The existing layout can be optimized for better functionality.

Recommended renovation ideas: Update the kitchen and bathroom to modern standards and consider a layout reconfiguration for improved flow.

View on Redfin

2177 33rd St Unit 5-E — $345,000

Beds/Baths/Sqft: 2 bd / 1 ba / —

Year Built / Type: — / Condo/Co-op

Status / Last Sale: Price Changed / $345,000 May 1, 2025

Summary: This top-floor apartment features stunning skyline views and a renovated kitchen, making it a cozy living space with room for personal touches.

Renovation rationale:

Mid-band price with potential for adding a bathroom and optimizing space.

Why these metrics matter for renovation:

The potential for additional bathroom space can significantly enhance the unit’s marketability and value, especially in a desirable area.

Recommended renovation ideas: Consider enhancing the existing kitchen and possibly adding a bathroom to increase functionality.

View on Redfin

31-20 Grand Central Pkwy Unit A 1002 — $398,000

Beds/Baths/Sqft: 2 bd / 1 ba / 960 sqft

Price per SqFt: $414

Year Built / Type: — / Condo/Co-op

Status / Last Sale: Listed (Active) / $398,000 Aug 7, 2025

Summary: This beautifully renovated co-op offers lake views and a custom kitchen, ready for move-in but still with room for personal upgrades.

Renovation rationale:

Mid-band pricing with potential for further customization in a desirable location.

Why these metrics matter for renovation:

The price per sqft is reasonable, and the existing renovations indicate a solid base for further enhancements, potentially increasing the value significantly.

Recommended renovation ideas: Focus on upgrading the bathroom and enhancing outdoor spaces for better appeal.

View on Redfin

486 Henderson Ave — $725,000

Beds/Baths/Sqft: 3 bd / 2.5 ba / 1,743 sqft

Price per SqFt: $416

Lot size: 3,200 sqft

Year Built / Type: 1901 / Single Family Residential

Parking: On Street

Status / Last Sale: Coming Soon / $725,000 Aug 8, 2025

Summary: This well-maintained home features modern amenities and a spacious layout, with opportunities to enhance and personalize.

Renovation rationale:

Older build with potential for value increase through renovations, especially given the sizeable lot.

Why these metrics matter for renovation:

The age of the property provides a solid foundation for renovations, and the sizable lot allows for outdoor enhancements or expansions, which can attract buyers looking for more space.

Recommended renovation ideas: Consider modernizing the kitchen and bathrooms, and enhancing the outdoor space for family use.

View on Redfin

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