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$609,050
List Price: $615,000
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West 157th Street
Coop in Washington Heights •  building info
2bd • 1ba
Buy with Yoreevo

$609,050

List Price

$615,000

Description
ONLY $805/MONTH IN MAINTENANCE & TAXES — THE LOWEST IN WASHINGTON HEIGHTS. Welcome to Unit 51 at 544 West 157th Street — a bright, turn-key co-op in the heart of Washington Heights where your monthly carrying costs will leave your neighbors speechless. At just $805/month combined maintenance and taxes, this is one of the most affordable-to-own apartments in all of Manhattan. While comparable 2-bedroom co-ops in the neighborhood carry monthly maintenance fees of $1,500 to $2,900+, Unit 51 gives you the same Manhattan address for a fraction of the cost. That's a savings of up to $2,100 every single month — over $25,000 a year back in your pocket. And the savings don't stop there. The building offers an unbeatable bundled WiFi, phone & cable package for just $75/month, plus optional private storage for only $40/month. Your total monthly overhead is almost hard to believe. STEP IN AND STAY — THIS HOME IS TRULY TURN-KEY. Unit 51 has been meticulously maintained and is move-in ready from day one. The kitchen features a brand new double KitchenAid oven and dishwasher — perfect for anyone who loves to cook and entertain. In-unit washer/dryer means no laundry trips. Ever. The flexible second bedroom works beautifully as a guest room, home office, formal dining room, or actual bedroom — you decide how you live. Flooded with natural light throughout, this sun-drenched home feels instantly like home. HDFC — BUT NOT WHAT YOU THINK. This is an HDFC co-op with exceptionally generous terms that set it apart from nearly every other income-restricted building in the city. Don't let the HDFC label fool you — this building was designed for real New Yorkers with real incomes: ✓ Income caps of $279,000–$300,000+ depending on household size — far above typical HDFC limits ✓ NO resale price cap — sell at full market value whenever you're ready ✓ Subletting permitted after just 2 years of ownership ✓ Financing allowed up to 80% FLIP TAX (calculated on net profit only): • 0–5 years of ownership: 20% of net profit • 5–10 years of ownership: 12% of net profit • 10+ years of ownership: 8% of net profit The longer you own, the less you pay. This is a building that rewards commitment. BUILDING FEATURES: ✓ Elevator building ✓ In-unit washer/dryer ✓ Private storage available ($40/month) ✓ WiFi, phone & cable bundle ($75/month) APARTMENT HIGHLIGHTS: ✓ $805/month maintenance & taxes combined ✓ Brand new double KitchenAid oven ✓ Dishwasher ✓ Turn-key & move-in ready ✓ Bright & sun-filled throughout ✓ Flexible 2nd bedroom — office, dining, or bedroom ✓ No resale price cap — full market value freedom ✓ Financing up to 80% permitted ✓ Subletting allowed after 2 years PRIME WASHINGTON HEIGHTS LOCATION: ✓ Steps from the A/C/1 trains ✓ Close to Fort Tryon Park, the Hudson River & GWB ✓ Restaurants, shops & neighborhood amenities at your door This is the rare HDFC that gives you all the benefits of low carrying costs with none of the usual trade-offs. No resale cap. No income trap. No compromises. Asking $615,000. Shown by appointment — schedule your private showing today.

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Listing Courtesy of Ruffo Realty