#RLS20006223, ALEXANDER A MAHGOUB, Listing office: Compass

514 W 50th St Unit 5Rw New York City, NY 10019
Property details
About 514 W 50th St Unit 5Rw
HDFC Co-op Opportunity in the Heart of Hell’s Kitchen This HDFC cooperative adheres to income limits set at 120% of the 2024 Area Median Income (AMI), verified using 2023 and 2024 tax returns and 2025 employment documentation (paystubs or employment letter). The current income caps are: 1 Person: $118,860 2 People: $135,600 3 People: $152,520 4 People: $169,440 Note: There are no asset limits and no future income restrictions after purchase. THE APARTMENT Situated on the fifth floor of a well-maintained walk-up, this bright and functional home in Midtown West (Hell’s Kitchen) offers distinct living, dining, cooking, and sleeping areas. Enjoy unobstructed western light streaming into the kitchen and sunny southern exposure in both the living room and bedroom. A rare blend of character, natural light, and smart layout make this apartment an inviting and flexible space to call home. THE BUILDING This well-run HDFC co-op comprises just 18 apartments, fostering a tight-knit community. The building is financially sound, professionally managed by an outside management company, and overseen by an engaged co-op board. Primary residence use is required. Gifting (such as down payments) is permitted with board approval, and parents purchasing for children (all-cash) may also be considered, subject to board review.
Highlights
Summary
- Full Bathrooms: 1
- Attached Garage: No
- Architectural Style: Walk-Up
- List Price: $350,000
- HOA Amount: $341 Monthly
- Year Built: 1901
- MLS Number: RLS20030486
- MLS Name: RLS
- Office Name: Compass
- Office Phone: (212) 913-9058
- Listing Agent: michael maffucci
- Agent Phone: (917) 861-4799
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Last updated on: 6/16/2025, 12:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$350,000
514 W 50th St Unit 5Rw
$4,156
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Price information
Property sales
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Tax history
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Nearby schools
10
Success Academy Charter School-Hell's Kitchen
Public Charter KG-4
0.1 mi
•439 W 49th St Fl ST-2nd
4
P.S. 111 Adolph S. Ochs School
Public District PK-5
0.2 mi
•440 W 53rd St
7
P.S. 51 Elias Howe School
Public District PK-5
0.3 mi
•525 W 44th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,093. The most common annual income of people living in New York City, NY is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 514 W 50th St Unit 5Rw
The listing price of 514 W 50th St Unit 5Rw property is $350,000.
The property 514 W 50th St Unit 5Rw is a condo located in New York City, New York, 10019.
Active Listing: 514 W 50th St Unit 5Rw is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 514 W 50th St Unit 5Rw are: Success Academy Charter School-Hell's Kitchen (GreatSchools Rating 10/10), P.S. 111 Adolph S. Ochs School (GreatSchools Rating 4/10), P.S. 51 Elias Howe School (GreatSchools Rating 7/10), City Knoll Middle School (GreatSchools Rating 2/10), The Riverside School for Makers and Artists (GreatSchools Rating 2/10), Middle School 245 Computer School (The) (GreatSchools Rating 8/10), Manhattan Bridges High School (GreatSchools Rating 5/10), Urban Assembly School of Design and Construction (GreatSchools Rating 4/10), Facing History School (The) (GreatSchools Rating 6/10).
The property at 514 W 50th St Unit 5Rw has 0 bedroom and 1 bathroom.
The sq. ft. of 514 W 50th St Unit 5Rw is not available (source: MLS/tax record).
The year of construction for 514 W 50th St Unit 5Rw is 1901.
This home is located at 514 W 50th St Unit 5Rw in New York City, NY and zip code 10019 in the Hell's Kitchen neighborhood. Features: 0 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $350,000.
While more than 207 listings in New York City, NY in May 2025 were sold above asking price, there were more than 936 listings sold at asking price, and more than 737 were sold below. In May 2025 in New York City, NY there were 0.3% more homes for sale than in April. In May 2025, listings were on the market for 121 days. During the same period, the median list price in this real estate market was $875,081.