This unit is in the northern part of Norwood near Gun Hill Road. It is big at 900 square feet and it even appears that the previous owner put a little money and love into it. The pics of the kitchen are really nice.
The price is obviously a discount from what it would have been even six months ago. It's hard to find a big two bedroom that has a kitchen that doesn't need to be gutted for less than $200K - even in the BoogieDown. And to make the purchase a little easier on the ole wallet, you might be able to write off $15K of the price from your federal taxes if the US Senate has anything to say about it. (Although BoogieDowner does admit it's frustrating to have scrimped and saved to buy something we like AND could afford and now the government is helping people buy homes. Figures...)
In any case, the hood is very cool and fun. Norwood is a beautiful neighborhood in the shadow of Montefiore Medical Center, so you might find yourself doing some of your shopping on 204th street with lunching medical students and nurses. Actually, if you get further North-West in the neighborhood, you'll see resident housing for medical students and other offices owned by the hospital - of course all impeccably maintained.
The southern edge of the nabe is Mosholu Parkway, which is really a stretch of green space connecting the NY Botanical Garden to Van Cortlandt Park. If you are into jogging or running, or just hanging out under a tree on some nice grass, the Mosholu Parkway (and Norwood) is for you. (Although you'd be in the northern reaches on the hood and doing your park-hanging in Van Cortlandt Park, which is one of the best parks in the City.)
You'd have shopping on Gun Hill Road to run errands.
And for the foodies who might not like their grub overly processed, frozen and shipped thousands of miles, harvested by underpaid laborers, or killed inhumanely, Norwood even has its own food co-op of which the Missus and I are members. We've just recently rocked some great celery root, parsnips, potatoes, cabbage, ground beef, and an assortment of other fresh veggies. Actually the star of the last pick up was some fresh cherry jam.
Another great aspect of Norwood is the misnamed Williamsbridge Oval, which Boogiedowner has covered in the past. The Oval just underwent a multi-million dollar renovation. There are the obligatory hoops courts and playgrounds, but even a dog run and really well maintained tennis courts (that actually get used!). In fact, the Museum of Bronx History is housed right outside of the Oval at the Valentine-Varian House.
There is a D train stop right in the heart of Norwood on 205th Street (last stop on the D). Don't let the terminus of the line scare you though, the D runs super express in the am/pm rush. You'd also be equidistant between the 4 train over at Mosholu Parkway and Jerome and the 4 train at the Woodlawn stop. Also at the end of Gun Hill Road and the Bronx River you'd have the Metro North Williamsbridge station.