HDFC (Housing Development Fund Corporation) co-ops are a beacon of hope for low- and middle-income buyers. They're definitely not easy to find, but they're out there and worth a look. Don't assume you don't qualify: Qualifying income ranges are broad and can be a lot higher than you might assume – be sure to check the listings for income caps or contact us if none are shown.
Check out this week's rundown of recent listings and our map below and for some fine examples. We'll update our map showing all the HDFC listings on a monthly basis.
Check out this week's rundown of recent listings and our map below and for some fine examples. We'll update our map showing all the HDFC listings on a monthly basis.
What is an HDFC Co-op?
HDFC units were created several decades ago as a way for tenants in poorly managed buildings to take control of the property and form cooperatives. The city sold these apartments to residents for a mere $250 a piece. Obviously they no longer trade for that price, but they do often sell for far less than what a comparable market rate unit in the same neighborhood would.Read More About HDFC Co-ops→
In this article:
2 Beds, 1 Bath
This bright, spacious, newly renovated Bushwick co-op features beautiful hardwood floors, two large bedrooms, generous closet and storage space, and in-unit washer/dryer. The eat-in kitchen has southern exposures, hand-built wooden cabinets, and black galaxy granite countertops.
Income Restrictions:
$48,240 - Family of 1-2
$56,380 - Family of 3+
Income Restrictions:
$48,240 - Family of 1-2
$56,380 - Family of 3+
1 Bed, 1 Bath
This classic prewar Harlem walk-up is a well-run, well-maintained HDFC co-op building with solid finances and attentive live-in super. One-bedroom apartment features southern exposures, large living room, hardwood floors throughout, and three large closets.
Income Restrictions:
$80,160 - Individual
$91,680 - Family of 2
Income Restrictions:
$80,160 - Individual
$91,680 - Family of 2
1 Bed, 1 Bath
This Crown Heights co-op offers easy access to Prospect Park, the Brooklyn Botanic Gardens, the Brooklyn Museum, and several subway lines. The top-floor apartment features a well laid-out floor plan, spacious rooms, and newly renovated kitchen. Cats are welcome, and dogs are allowed with board approval.
Income Restrictions:
$110,220 - Individual
$126,060 - Family of 2
$141,375 - Family of 3
Income Restrictions:
$110,220 - Individual
$126,060 - Family of 2
$141,375 - Family of 3
3 Beds, 1 Bath
Enjoy breathtaking views of Riverside Park from the comfort of this spacious three-bedroom co-op! High ceilings and open south and west exposures fill the apartment with light. Bedrooms feature large double-door closets and double windows. The building offers storage space and live-in super for ultimate convenience.
Income Restrictions:
Email or call CityRealty at (212) 755-5544 for income restrictions.
Income Restrictions:
Email or call CityRealty at (212) 755-5544 for income restrictions.
2 Beds, 1 Bath
This South Williamsburg prewar HDFC co-op is centrally located between the subway and the ferry. The fifth-floor apartment has gleaming hardwood floors, generous living space, and two queen-size bedrooms with southern exposures. The newly updated bathroom features a walk-in shower.
Income Restrictions:
$87,720 - Individual
$100,200 - Family of 2
$112,680 - Family of 3
Income Restrictions:
$87,720 - Individual
$100,200 - Family of 2
$112,680 - Family of 3
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
1 Bed, 1 Bath
Located in the covetable NoLita/SoHo neighborhood, this income-restricted co-op has a flexible floor plan (currently configured as a 1-bedroom with office) and boasts exposed brick, two skylights, and east-facing windows. With a low maintenance fee of $318 and access to building amenities like a laundry room, basement storage, a roof terrace, and a common garden, you can't go wrong.
Income Restrictions:
Email or call CityRealty at (212) 755-5544 for income restrictions.
Income Restrictions:
Email or call CityRealty at (212) 755-5544 for income restrictions.
1 Bed, 1 Bath
This quirky one-bedroom unit is situated next to Tompkins Square Park and a number of community gardens in the East Village. Aside from colorful walls, the apartment offers prospective buyers hardwood floors, high ceilings, built-in shelves, an in-unit washer/dryer, and a large bedroom. Monthly maintenance is a low $400.
Income Restrictions:
$104,775 - Individual
$119,625 - Family of 2
$134,640 - Family of 3
Income Restrictions:
$104,775 - Individual
$119,625 - Family of 2
$134,640 - Family of 3
1 Bed, 1 Bath
This Williamsburg co-op was recently gut renovated and features an open floor plan, north/south exposures, 9'7" ceilings, new double-pane windows, oak floors throughout, and an intercom. And although the bedroom isn't much to look at, the unit's modern open kitchen is - it comes with new stainless steel appliances, marble counters, and washer/dryer hookups already in place. The building is just a block away from McCarren Park.
Income Restrictions:
$87,720 - Individual
$100,200 - Family of 2
Income Restrictions:
$87,720 - Individual
$100,200 - Family of 2
2 Beds, 1 Bath
A spacious two-bedroom co-op for under $600K awaits! Located in a full-service East Harlem building, the renovated apartment has a ton of lovable features: cherry-wood floors, a modern bath, a private balcony (with room for lounging), and an open kitchen with white cabinetry, Samsung stainless steel appliances, and quartz countertops. As for amenities, residents will have access to a central laundry room, a fitness center, playroom, on-site parking, bike storage, and a courtyard. Pets under 25lbs are allowed.
Income Restrictions:
Email or call CityRealty at (212) 755-5544 for income restrictions.
Income Restrictions:
Email or call CityRealty at (212) 755-5544 for income restrictions.
1 Bed, 1 Bath
A well-maintained Hamilton Heights HDFC building is offering a sunny one-bedroom apartment with a sizeable living room, a separate kitchen, and a bathroom in mint condition – all for just $380K and a monthly maintenance fee of just $403. Building perks include a 24-hour laundry room, a marble lobby, and a live-in super.
Income Restrictions:
$87,720 - Individual
$100,200 - Family of 2
$112,680 - Family of 3
Income Restrictions:
$87,720 - Individual
$100,200 - Family of 2
$112,680 - Family of 3
Check out all HDFC Co-op Listings in NYC:
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
Content Specialist
Sandra Herrera
Sandra Herrera is a writer, editor, and graphic designer based in Brooklyn, NY.
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