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10 Gorgeous Brooklyn Homes You Can Buy For Under $500,000

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    Photo: Courtesy of Brooklyn Hearth Realty.

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    Feel like Brooklyn has gotten too damn expensive? Well, you’re not just seeing those dollar signs in your dreams — the New York borough is now officially the most unaffordable place to live in the United States.

    According to a study conducted by RealtyTrac, which analyzed 475 counties across the United States, "a [Brooklyn] resident would need to devote 98% of the median income to afford the payment on a median-priced home of $615,000." That’s even higher than the median home cost during the property bubble between 2005 and 2008.

    But, before you cross living in a beautiful Brooklyn brownstone off your list, there's a silver lining to this real estate mess. We dug deep into the countless New York listings to find 10 unbelievable apartments for under $500,000. Sometimes, you have to see it to believe it.

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  2. Photo: Courtesy of Brooklyn Hearth Realty.

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  3. Photo: Courtesy of aptsandlofts.com.

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  4. Photo: Courtesy of Exit Realty Landmark.

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  5. Photo: Courtesy of Douglas Elliman.

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  6. Photo: Courtesy of aptsandlofts.com.

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