"NYC's Cheapest Apartment Gets $5K Discount, Still Up for Sale"

The cheapest apartment currently on the market in New York City is a 200-square-foot studio in East Harlem priced at $110,000, down from $115,000. However, potential buyers must meet income restrictions, with gross annual earnings not exceeding $59,940, and the purchase must be made in cash. The cozy co-op is located in a historic building from 1910 and offers space for a bed, bathroom, and a small dining area. The current owner has utilized space-saving solutions, such as a Murphy bed and creative storage options. Maintenance for the apartment is approximately $750 per month, including utilities.