For some New Yorkers, Madison Avenue represents the ultimate in luxury. Others find themselves drawn to the energy of downtown living. Either way, they're attracted to some of the most expensive areas in the city. However, it doesn't have to be that way. HDFC co-ops are not necessarily easy to find, but shouldn't be counted out as they offer the chance to live in a dream neighborhood for a fraction of the price. We've uncovered prime examples from Nolita to Washington Heights.
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:
Two Bedrooms, One Bath | Listed November 20, 2018
Morningside Heights Two-Bedroom Co-op Average: $772,000Classic corner apartment in classic, centrally located prewar building features original moldings, exposed brick, restored original door, and new fixtures and fans. The windowed kitchen has been renovated with marble countertops, soft-close drawers, and high-end appliances. The bath has been updated and features a large walk-in shower.
Contact CityRealty for income restrictions.
Contact CityRealty for income restrictions.
One Bedroom, One Bath | 500 ft2 | Listed November 19, 2018
Harlem One-Bedroom Co-op Average: $310,000Beautiful apartment on the fourth floor of a classic Harlem walk-up features abundant natural light, hardwood floors, wood cabinets, and large bedroom and bath. The renovated open kitchen is outfitted with professional grade Frigidaire appliances.
Income Restrictions:
$87,720 - Individual buyer
$100,200 - Two people
$112,680 - Three people
Income Restrictions:
$87,720 - Individual buyer
$100,200 - Two people
$112,680 - Three people
Studio, One Bath | 500 ft2 | Listed November 12, 2018
Hamilton Heights Studio Co-op Average: $287,500First-floor loft studio opens to a generous foyer with a walk-in closet large enough to double as a home office. Between the convertible dining table and designer custom Murphy bed, every inch of space is graciously utilized. The kitchen has been tastefully renovated with new appliances, and the 1920s Art Deco-style bath has also been renovated. Building amenities include a landscaped garden, new laundry room, bike room, and storage upon request.
Income Restrictions:
$87,720 - Individual buyer
$100,200 - Two people
Income Restrictions:
$87,720 - Individual buyer
$100,200 - Two people
Two Bedrooms, One Bath | Listed October 12, 2018
Nolita Two-Bedroom Co-op Average: $875,000Rarely available Nolita apartment features exposed brick, hardwood floors, French windows, and two decorative fireplaces. The open kitchen has recently been updated, and the dining area is large enough for family-style gatherings. Building amenities include laundry and storage in the basement.
$34,992 income cap
$34,992 income cap
Two Bedrooms, One Bath | Listed October 25, 2018
Washington Heights Two-Bedroom Co-op Average: $875,000
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Spacious uptown apartment features soaring ceilings, long halls, and hardwood floors throughout. The windowed kitchen is filled with natural light. Both bedrooms offer generous closet space, and the master bedroom can easily fit a king-size bed.
Contact CityRealty for income restrictions.
Contact CityRealty for income restrictions.
Two Bedrooms, One Bath | Listed November 15, 2018
Midtown West Two-Bedroom Co-op Average: $1,162,000Spacious apartment in the heart of New York City offers well-proportioned rooms, amazing natural light, generous closet space, and an in-unit washer/dryer. The boutique brownstone building has recently been updated. It is a short walk from the Theater District, Hudson River Park, and local transportation.
Income Restrictions:
$87,720 - Individual buyer
$100,200 - Two people
$112,680 - Three people
Income Restrictions:
$87,720 - Individual buyer
$100,200 - Two people
$112,680 - Three people
One Bedroom, One Bath | Listed October 26, 2018
Crown Heights One-Bedroom Co-op Average: $412,000Gorgeous apartment in the heart of Crown Heights offers classic prewar details, lots of light, and a generous floor plan. The well-kept building has a live-in super and welcomes pets on a case-by-case basis. Prospect Park, the Brooklyn Botanic Gardens, the Brooklyn Museum, and transportation are a short walk away.
Income Restrictions:
$110,200 - Individual buyer
$126,060 - Two people
$141,735 - Three people
$157,410 - Four people
Income Restrictions:
$110,200 - Individual buyer
$126,060 - Two people
$141,735 - Three people
$157,410 - Four people
Four Bedrooms, One Bath | Listed November 13, 2018
Harlem Four-Bedroom Co-op Average: $1,087,500Prewar Harlem apartment offers windows in every room, 10' ceilings, and generous proportions. The kitchen has been opened up into the living room, and the hallway is ideal for an art collection. Building amenities include an updated elevator, an intercom system, and two supers.
Income Restrictions:
$87,720 - Individual buyer
$100,200 - Two people
$112,680 - Three people
$125,160 - Four people
$135,250 - Five people
$157,300 - Six people
Income Restrictions:
$87,720 - Individual buyer
$100,200 - Two people
$112,680 - Three people
$125,160 - Four people
$135,250 - Five people
$157,300 - Six people
One Bedroom, One Bath | Listed October 25, 2018
Harlem One-Bedroom Co-op Average: $310,000Bring your designer to this Sugar Hill apartment! Features include 9' ceilings, eastern exposure, windowed kitchen, generous closet space, and windows in every room. Jackie Robinson Park, public transportation, and popular local restaurants and shops are a short walk away.
Income Restrictions:
$87,720 - Individual buyer
$100,200 - Two people
$112,680 - Three people
Income Restrictions:
$87,720 - Individual buyer
$100,200 - Two people
$112,680 - Three people
Five Bedrooms, One Bath | 1,500 ft2 | Listed October 25, 2018
Broadway Corridor Four+ -Bedroom Co-op Average: $6,495,000Rarely available opportunity on the Upper West Side! Features include high ceilings, oversized windows, southern exposure, flexible layout, preserved details, and hardwood floors. Building amenities include live-in super and easy access to public transportation.
Income Restrictions:
$120,615 - Individual buyer
$137,775 - Two people
$154,935 - Three people
$172,095 - Four people
$185,955 - Five people
Income Restrictions:
$120,615 - Individual buyer
$137,775 - Two people
$154,935 - Three people
$172,095 - Four people
$185,955 - Five people
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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
Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City