The answer really has many variables. What town or village would you consider? For what purpose are you looking? If it's strictly for an investment, that might limit where you can buy and in turn, what you can consider.
I think one of the most valued purchases for a 1 BR Condo exists in Suffern, NY There is a complex called Bon Air. The complex offers large 1 BR condos with a finished basement in some cases. Anywhere between 230 - 265k. Hope that sheds a little light!
~ Jon Paul