1 month on rocket

Sale Pending

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

$389,000

Home List Price

$4,619*

Closing Credit

1 Full Bath
Condo

Location

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514 W 50th St Unit 2Rw, New York$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeStock Cooperative
Year Built1901
CoolingOther
FireplaceDecorative
ViewOther
MLS #RPLU-810123240882
StatusSale Pending

About 514 W 50th St Unit 2Rw

<p>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.</p> <p>The unit is situated on the second floor of the building in the back, offering extra serenity and quietness away from the streets.</p> <p>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.</p> <p>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:</p> <p>1 Person: $118,680</p> <p>2 Persons: $135,600</p> <p>3 Persons: $152,520</p> <p>4 Persons: $169,440</p> <p>There are no asset restrictions, and once you've purchased the apartment, there are no future income restrictions.</p>

Property Details

Property Features

Property Information:

  • Year Built: 1901

Listing Office:

  • Office Name: Christies International Real Estate Group LLC
  • Office Phone: (212) 590-2473
  • Listing Agent: Benjamin Anderson
  • Agent Phone: (917) 946-5002

Interior Features

Interior Information:

  • Basement: No
  • Interior: Dining Area
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: None

Utilities

Utilities Information:

  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000

HOA Fees:

  • Amount: $338
  • 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

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

514 W 50th St Unit 2Rw vs New York

47 DAYS ON ROCKET

-38 Days

$389,000

-$461.1K Less

KEY TAKEAWAY

This property is $461.1K 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: #RPLU-810123240882

Listing Office:

  • Office Name: Christies International Real Estate Group LLC
  • Office Phone: (212) 590-2473
  • Listing Agent: Benjamin Anderson
  • Agent Phone: (917) 946-5002

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: 12/17/2024, 8:20:56 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

$2,347

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

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-4230252
9
/10

  • Success Academy Charter School-Hell's Kitchen

  • 439 W 49th St Fl ST-2nd

  • 0.15 miles

  • Public Charter Grades KG-4

school-card-donut-4230253
4
/10

  • P.S. 111 Adolph S. Ochs School

  • 440 W 53rd St

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-4230254
7
/10

  • P.S. 51 Elias Howe School

  • 525 W 44th St

  • 0.27 miles

  • Public District Grades PK-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. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

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 $389,000.

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?

Sale Pending: 514 W 50th St Unit 2Rw is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

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

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 October 31, 2024 and is currently priced at $389,000.

Over 220 listings were sold over their listed price in November 2024 in New York, NY. In the same period over 758 listings were sold below the listed price and 769 listings were sold for the listed price. In November 2024 in New York, NY there were 7.2% less homes for sale than in October 2024. While the average time on the market in November 2024 was 85 days, the median list price was $850,115.

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

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