Welcome to Residence #51 at 544 West 157th Street — a renovated, sun-filled two-bedroom in the heart of Washington Heights offering a rare and highly flexible HDFC ownership opportunity.
This home features oversized bay windows, beautiful charecter wooden floors, a spacious living area, and a fully updated kitchen with premium stainless steel appliances. The layout is both functional and versatile, with a king-sized primary bedroom and a second bedroom that can easily serve as a bedroom, office, or dining space.
What truly sets this apartment apart is the HDFC structure — designed to make homeownership more accessible without sacrificing long-term upside:
• Exceptionally high income caps (approx. $279K–$300K+ depending on household size) — far above typical HDFC limits
• No resale price cap — you can sell at full market value in the future
• Subletting allowed after 2 years
• Financing permitted up to 80%
This means you’re buying at a more accessible price point today while still benefiting from full market appreciation over time — a rare combination in Manhattan. The building offers a marble lobby, laundry, storage, and is located just steps from the 1 train, with easy access to parks, grocery stores, and local dining. A unique opportunity for first-time buyers or anyone looking to own in Manhattan with both flexibility and long-term value.