Property: What Can You Buy For $500,000?

[Paluka]

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How much would this cost to buy? In Manhattan I would think a lot more than $500k.

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avg price per square foot is right around 1k last time I looked, the apt shown is 550 sq ft and that is almost certainly overstated. also that particular apt doesn't look like a particularly good deal for 500k, you can do much better.

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I think $1k per sq ft is probably a bit cheap in desirable neighborhoods, but seems reasonable for financial district.
In the desirable hoods in Brooklyn things are about $700 a sq ft.