How rare are condos in the West village NYC?

[Julie Verardi]

I have recently done a refinance. My plan was to do two other investment properties in Jersey City or maybe 1 investment  and 1 for me to live. I need to live in NYC. I do not want to do a co-op. I want to do a condo in downtown area. I love the west village and a condo came on the market. However in order to make it work I would have to use all my refinance and on top of it it's a 5 floor walk up with no washer dryer. I'm only considering buying it because a condo in the west village is unheard of and the agent has really been working with me on the price. However I'm hesitant because I wouldn't be making money. It would pay for itself if I rented it out. I guess it comes down to no cash flow for a substantial down payment Vs owning a part of the neighborhood I love. I guess in the process of writing this I figured let me increase my income by investing and hope another condo in a desirable neighborhood comes on the market that isn't a 5 floor walk up and has a washer dryer. Curious to hear anyones thoughts? I'm nervous I'm missing out on a deal. Also NYC is its own special kind of beast for anyone to really understand. 

[Julie Verardi]

Hahaha well its more I want to be in NYC. I've lived in JC and done the house hacking. I'm currently a renter paying $2,200 for a studio in greenwich village which is rent stabilized. This property my  monthly payments would go up to $3,458. I can afford up to $3,700. However that's with putting less into savings and more into spending. I guess my question is is this a once in a life time opportunity to actually have a condo in the west village or do I hold off do one more investment and probably getting something with a little more perks in chelsea or east village which are second options. I just can't tell if a condo for 860,000 in west village is just unheard of and I should jump on it. Again cons are less in savings, 5th floor walk up and no washer dryer. Otherwise it's a step up from current living situation.