2 months on rocket

514 W 50th St Unit 2Rw, New York City, NY, 10019

$425,000

Home List Price

$5,047*

Closing Credit

1 Full Bath
Condo
Schools Nearby

Location

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514 W 50th St Unit 2Rw, New York$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1901
MLS #COMP-1514621604825474793
StatusActive

About 514 W 50th St Unit 2Rw

Welcome home to this charming studio apartment located in Hell's Kitchen. This residence exudes classic New York charm with its wood floors and decorative fireplace, infusing the space with a cozy touch. The unique layout presents a distinct living and dining area, with a separate room for your kitchen, offering a harmonious blend of style and function. The unit is situated on the second floor of the building in the back, offering extra serenity and quietness away from the streets. This stylish residence boasts a prime location in a building with 18 apartments. Residents will appreciate the dynamic energy of the surrounding neighborhood, with an array of dining, entertainment, and cultural venues just moments away. Embrace the cosmopolitan allure of Manhattan from this chic urban abode with easy access to the C, E, N, R & W Trains. This HDFC cooperative follows income restrictions set at 120% of the 2024 AMI, based on Tax Returns from 2022 and 2023, along with employment documentation from 2024. The income limits are as follows: 1 Person: $118,680 2 Persons: $135,600 3 Persons: $152,520 4 Persons: $169,440 There are no asset restrictions, and once you've purchased the apartment, there are no future income restrictions.

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1901

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Howard Morrel
  • Agent Phone: (917) 843-3210

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000

HOA Fees:

  • Amount: $337
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

514 W 50th St Unit 2Rw vs New York

71 DAYS ON ROCKET

-25 Days

$425,000

-$424.1K Less

KEY TAKEAWAY

This property is $424.1K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1514621604825474793

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Howard Morrel
  • Agent Phone: (917) 843-3210

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/1/2024, 7:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,526

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4351043
10
/10

  • Success Academy Charter School-Hell's Kitchen

  • 439 W 49th St

  • 0.12 miles

  • Public Charter Grades KG-1

school-card-donut-4351044
7
/10

  • PS 212 Midtown West

  • 328 W 48th St

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-4351045
9
/10

  • PS 59 Beekman Hill International

  • 231249 East 56th St

  • 0.58 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,093. The most common annual income of people living in New York, NY is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 W 50th St Unit 2Rw

What is the listing price of this property?

The listing price of 514 W 50th St Unit 2Rw property is $425,000.

What type of property is this?

The property 514 W 50th St Unit 2Rw is a condo located in New York City, New York, 10019.

Is this property for sale now?

Active Listing: 514 W 50th St Unit 2Rw is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 514 W 50th St Unit 2Rw has 1 bathroom..

What is the square footage of this property?

The sq. ft. of 514 W 50th St Unit 2Rw is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 W 50th St Unit 2Rw is 1901.

Rocket Homes›New York›New York›10019›514 W 50th St Unit 2Rw

This home is located at 514 W 50th St Unit 2Rw in New York City, NY and zip code 10019 in the Hell's Kitchen neighborhood. This home was built in 1901. Features: 1 bathroom. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $425,000.

While more than 168 listings in New York, NY in April 2024 were sold above asking price, there were more than 758 listings sold at asking price, and more than 748 were sold below. The inventory of homes for sale in New York, NY between March 2024 and April 2024 increased by 3.8%. In April 2024 median list price was $849,191 and the average listing age was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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