Co-op pick of the week

A renovated Hamilton Heights three bedroom for $550,000, if you meet the income cap

Mimi headsht
By Mimi OConnor  |
December 2, 2019 - 9:00AM

Live large in Hamilton Heights—as long as you don't make too much money.

A N Shell Realty Company LLC

No, that's not a typo or a cruel joke. This three-bedroom, one-bath co-op,  517 West 144th St., #19 in Hamilton Heights, really is listed for $550,000, with a maintenance of $590. However, there are income restrictions for buyers because it is an Housing Development Fund Corporation (HDFC) apartment.

The income caps for 2019 are as follows: one person, $123,255; two people, $140,910; three people, $158,565, and four people, $176,055. 

The listing describes the co-op building, built in 1880 and completely renovated, as financially solid. Features include a voice intercom system, storage, bike room, and common patio area. It's also pet-friendly. 

The apartment is on the top floor of the 20-unit building, and has hardwood floors; closets in each room; and north, south and west exposures. 

It has a long hallway, which the current tenant uses to display photos and art. 

There is room for a nice-sized dining table in the living area. 

The galley kitchen has stainless steel appliances, marble countertops, a dishwasher and lots of cabinet space. There is also a pass-through window to the living room. 

The living room is large and light-filled, with two exposures. 

The master bedroom accommodates a queen size bed. 

The bathroom has a full tub and a window. The other two bedrooms have north and south exposures. 

The apartment is close to transportation. The 1 train at 145th Street is one block away; the A, C, B, and D trains are two blocks away. Shopping is available along Broadway nearby, and additional points of interest include City College, the Jackie Robinson Recreation Center, Riverside State Park, and Hamilton Grange National Monument. 


Mimi headsht

Mimi OConnor

Contributing Writer

Mimi O’Connor has written about New York City real estate for publications that include Brick Underground, Refinery29, and Thrillist. She is the recipient of two awards from the National Association of Real Estate Editors for interior design and service journalism. Her writing on New York City, parenting, events, and culture has also appeared in Parents, Red Tricycle, BizBash, and Time Out New York.

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