650 51st St Unit 1
Listing Notes
This prime Sunset Park duplex unit is about 1500 sf consisting of 3 spacious bedrooms and 2 full bathrooms which includes half portion of the basement. The 1st floor has 2 bedrooms, 1 bathroom, living, dining, laundry and kitchen. The high ceiling basement has extra space and a bathroom. There are hardwood floors throughout the unit with large Anderson Windows and 9 feet high ceilings. Whole building was gut renovated in 1996. Roof was done not long ago. This unit will allow having some shared basement storage area and half of the backyard to grow summer vegetables or quiet enjoyment. It is in the area of Maimonides Medical Center, also within a short distance of all transportation, shopping, restaurants, and great schools. Close to 8th Ave & 5th Ave. The building is operated by Housing Preservation and Development (HUD). Buyer must meet the income requirements, and the household assets must not exceed the Asset Limit (which is 175% of AMI for a household of four or $198,975 per HPD's). Please check their website. The income guidelines including minimum requirement can be found on HPD website. Please request showing if you meet both minimum and maximum income requirements as per 120% AMI listed on HPD website. Each shareholder must live in their unit as their primary residence. The building is managed by HDFC, LLC formatted by the shareholders. Future owners have to do the same.
Price in context
Cheaper than 21% of the 24 homes listed nearby right now, which run $475,000 to $1,149,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 4907 4th Ave Apt 3A | $475,000 | 1 bd · 1 ba |
| 869 57th St Apt 204 | $480,000 | Studio · 1 ba |
| 4907 4th Ave Apt 3A | $500,000 | 1 bd · 1 ba |
| 422 49th St Apt 3F | $553,000 | 2 bd · 1 ba |
| 5805 7th Ave Apt 3E | $570,000 | 1 bd · 1 ba |
| 864 56th St Apt 4C | $580,000 | 1 bd · 1 ba |
| 664 51st St Unit 2A | $588,000 | 1 bd · 1 ba |
| 664 51st St Unit 2A | $588,000 | 1 bd · 1 ba |
| 864 56th St Apt 4B | $618,000 | 1 bd · 1 ba |
| 462 52nd St Apt 2D | $628,000 | 1 bd · 1 ba |
| 4404 6th Ave Apt 3B | $645,000 | 2 bd · 1 ba |
| 638 50th St Apt 2B | $649,000 | 2 bd · 1 ba |
| 720 57th St Apt 5B | $718,000 | 2 bd · 1 ba |
| 720 57th St Apt 5A | $728,000 | 2 bd · 1 ba |
| 422 49th St Apt 1F | $728,000 | 2 bd · 2 ba |
| 720 57th St Apt 5C | $739,000 | 2 bd · 1 ba |
| 611 53rd St Unit 4A | $750,000 | 3 bd · 2 ba |
| 864 56th St Apt 4A | $788,000 | 2 bd · 1 ba |
| 720 57th St Apt 4A | $798,888 | 2 bd · 1 ba |
| 824 49th St Apt 4A | $799,888 | 2 bd · 2 ba |
| 774 51st St Apt 4B | $850,000 | 2 bd · 2 ba |
| 849 57th St Unit 101 | $998,888 | Studio · 1 ba |
| 849 53rd St Ste CF12 | $1,090,000 | Studio · 2 ba |
| 755 49th St | $1,149,000 | 2 bd · 2 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
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