514 West 50th Street Unit 5-RW for $400,000

ADDRESS...........514 West 50th Street
NEIGHBORHOOD.....Midtown West
                                 
PRICE....................$400,000
MAINTENANCE......$341/MO

BEDROOMS................Studio
BATHROOMS..............1
Approx. SQUARE FEET........300

NOTES

  • HDFC COOPERATIVE

  • 5TH FLOOR WALK-UP

  • RENOVATED KITCHEN AND BATH

  • EXPOSED BRICK, HARDWOOD FLOORS

 This HDFC cooperative follows income restrictions set at 120% of the 2024 AMI, based on Tax Returns from 2022 and 2023 as well as employment letter/paystubs from 2024. The income limits are as follows:

1 Person: $118,860
2 Persons: $135,600
3 Persons: $152,520
4 Persons: $169,440

There are no asset restrictions and no future income restrictions once you have purchased the apartment.

APARTMENT
This apartment is located on the FIFTH FLOOR of a WALK-UP IN Midtown West (Hells Kitchen) has separate dining, living, cooking and sleeping areas as well as the benefit of unobstructed Western light in the kitchen and Southern light through the bedroom and living room.

4th floor walk-up.

BUILDING
This HDFC cooperative consists of eighteen apartments, is financially healthy, and has an outside management company in addition to the board.

This apartment must be used as the owners primary residence. Parents buying for their children (all cash) and gifting (of down payments) are allowed but is done so with approval from the co-op board.