New York condo for $50k??

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Hi there

This might be impossible but thought i'd put it out there as looking at realtor.com isn't yielding any results.

I'd like to buy a small 1 bedroom condo somewhere in New York - obviously not in Manhattan, Brooklyn etc but somewhere within 1 hour of Manhattan by subway. The purpose of this is that i'd like a place where i can stay when i visit new york every few years. I don't really care about growth or cash flow as long as it pays for itself through rentals and is in a reasonably safe area where i won't die buying groceries when i visit. 

Is the above possible or is getting something for that price just out of the question?

Thanks very much

Rudi