This Friday we took a break from the trophy apartments to see what's new on the lower end of the price spectrum. Below are ten newly-listed HDFC apartments that can be had at jaw-dropping prices, but from the other extreme. They're relatively rare, and the income restrictions must be heeded. Below are a series of HDFC units listed this past month throughout various Manhattan neighborhoods.
Learn More About HDFC Co-ops Here→
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 apiece. 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.Learn More About HDFC Co-ops Here→
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