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It's easy to compare prices and see where the value is: The median price of a studio co-op in Manhattan was $439,000 in the fourth quarter 2018, while the median price of a Manhattan studio condo in the same period was $634,000, according to Douglas Elliman's market report. Your money goes further in the outer boroughs—for example, …9 Oct 2018 ... Not everyone can afford to buy a NYC pied-à-terre. And many people ... Generic apartment building in the Arlington, VA, neighborhood of Clarendon.Purchase Price: $1,000,000Down Payment: $200,000 (20%)Closing Costs: $18,600 (1.9%)Total Cash Needed: $218,600. As the example above illustrates, buyer closing costs are higher for condos compared to co-op apartments in NYC. 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