514 W 50th Street #5RW, New York, NY 10019

Description

HDFC Co-op Opportunity in the Heart of Hells Kitchen

This HDFC cooperative adheres to income limits set at 120% of the 2024 Area Median Income (AMI), verified using 2023 and 2024 tax returns and 2025 employment documentation (paystubs or employment letter). The current income caps are:

1 Person: $118,860
2 People: $135,600
3 People: $152,520
4 People: $169,440
Note: There are no asset limits and no future income restrictions after purchase.

THE APARTMENT
Situated on the fifth floor of a well-maintained walk-up, this bright and functional home in Midtown West (Hells Kitchen) offers distinct living, dining, cooking, and sleeping areas. Enjoy unobstructed western light streaming into the kitchen and sunny southern exposure in both the living room and bedroom. A rare blend of character, natural light, and smart layout make this apartment an inviting and flexible space to call home.

THE BUILDING
This well-run HDFC co-op comprises just 18 apartments, fostering a tight-knit community. The building is financially sound, professionally managed by an outside management company, and overseen by an engaged co-op board.

Primary residence use is required. Gifting (such as down payments) is permitted with board approval, and parents purchasing for children (all-cash) may also be considered, subject to board review.