New HDFC Listings: Newly-listed affordable co-ops throughout NYC from $165K

HDFC unit at Beacon Towers, 29 West 138th Street, #4H | https://www.cityrealty.com/nyc/harlem/beacon-towers-29-west-138th-street/44614/4H/ALcyFaRzNuV

Monday, Dec 8, 2025 By CityRealty Staff, CityRealty contributor

In December 2025, a newly built boutique cooperative at 170 West 22nd Street, on the corner of Seventh Avenue, started accepting applications. The attractive nine-story building features a stone and brick facade, as well as thermal insulation and energy-efficient mechanical systems. Amenities include a shared courtyard, an eighth-floor terrace and recreational space, bike storage, and an on-site laundry room. Prices will range from $385K for studios to $452K for two-bedrooms.

This is not a typo for a building in one of Manhattan's most expensive neighborhoods; rather, these are Housing Development Fund Corporation (HDFC) units. After the owner stopped paying property taxes on 201-207 Seventh Avenue (170 West 22nd Street) in the 1970s, the city seized control of the buildings and initially sought to rehabilitate them through the Affordable Neighborhood Cooperative Program (ANCP). However, the four buildings were demolished in 2022 and construction began on the new nine-story building soon after. Five of the units will be occupied by returning residents, who will be permitted to buy them for as little at $250, and the remaining 21 are designated for households earning 130% of the Area Median Income. Full criteria and the application for 170 West 22nd Street may be found here.

170 West 22nd Street, December 2025 (CityRealty)

The HDFC program dates back to the late 1970s, when the city created a program that allowed low-income residents to buy their units for as little as $250. More recently, community development non-profit LISE NYC closed on three West Harlem buildings that it plans to renovate, convert to HDFC co-ops, and sell to existing tenants for $2,500. (Vacant units will be available through the city's affordable lottery system.)

It should be noted that to keep HDFC listings affordable, strict income caps are in place that buyers should be prepared to abide by. Moreover, in spite of the low sticker prices, buyers should be prepared to make a hefty down payment. As a result, a 2021 Bloomberg article observes that a number of HDFC units are being sold to young people whose incomes fall within the parameters but who have wealthy parents to help with the down payments, which couldn't be farther from what the program intended.

What is an HDFC Co-op?

HDFC units were created several decades ago as a way for tenants in poorly managed buildings to take control of the property and form cooperatives. The city sold these apartments to residents for a mere $250 a piece. Obviously they no longer trade for that price, but they do often sell for far less than what a comparable market rate unit in the same neighborhood would.

Learn More About HDFC Co-ops Here→

Recent HDFC co-op listings

12 East 132nd Street, #4B
$285,000 (-4.7%)

East Harlem | Cooperative | 2 Bedrooms, 1 Bath

12 East 132nd Street, #4B (Compass)

From the Listing: If location and comfort are your jam, this home's for you! Walk-up to the 4th floor to be greeted by an open living and dining room, well proportioned with reflecting light on beautifully re-finished hardwood floors and painted walls. A galley windowed kitchen has plenty of storage and counter space.Both bedrooms are spacious enough for a King-sized bed, or at the very least a Queen and with ample closets. Excellent value as your primary residence. See floor plan and full details here.

108 West 114th Street, #4B
$315,000

Harlem | Cooperative | 1 Bedroom, 1 Bath

108 West 114th Street, #4B (Compass)

From the Listing: Welcome to a this thoughtful, charming one-bedroom HDFC co-op in one of Harlem’s most desirable pockets. Apartment 4B was fully reimagined in 2018 and offers a smart, spacious layout with hardwood floors, high ceilings, a well-appointed kitchen, generous closets, and true peace and quiet. See floor plan and full details here.

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514 West 50th Street, #5RW
$350,000

Midtown West | Cooperative | Studio, 1 Bath

514 West 50th Street, #5RW (Compass)

From the Listing: 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). See floor plan and full details here.

98 Avenue C, #6B
$399,000

East Village | Cooperative | 1 Bedroom, 1 Bath

98 Avenue C, #6B (Corcoran Group)

From the Listing: Cash Buyers Only! LOW MONTHLY MAINTENANCE $419 -Sun flooded East Village large one-bedroom. -Generous floorplan, high ceilings and windows from every angle. - The kitchen is in original condition and a windowed bathroom has recently undergone a renovation. -Queen Sized Bedroom. -Skyline View from Kitchen. Located on Avenue C in the heart of the East Village, just a few blocks away from Tompkins Square Park, East River Park, Green Oasis Garden, and 9th Street Community Gardens. 98 Avenue C is a well maintained HDFC building where co-purchasing and gifting is permitted on a case-by-case basis. Bike storage on premise and pet's welcome! Income Restriction's Apply. See floor plan and full details here.

519 East 11th Street, #5E
$400,500 (-19.9%)

East Village | Cooperative | Studio, 1 Bath

519 East 11th Street, #5E (Corcoran Group)

From the Listing: Welcome to 519 East 11th Street, Apartment 5E - a light-filled, prewar studio offering modern convenience and historic charm in the heart of the East Village. This is an HDFC co-op with an 120 percent AMI income cap. Charming East Village studio with sleeping loft and great natural light. Perched on the top floor of a well-maintained walk-up, this thoughtfully designed home features high ceilings and oversized windows that flood the space with natural light. See floor plan and full details here.

237 Hancock Street, #11
$400,000

Bedford-Stuyvesant | Cooperative | 1 Bedroom, 1 Bath

237 Hancock Street, #11 (Compass)

From the Listing: Located on a beautiful tree-lined block in Stuyvesant Heights, step in time into this stunning Romanesque Renaissance Revival mansion originally built in 1890 for clothier Wilson Randolph by architect Peter Lauritzen in landmarked Bed-Stuy Brooklyn. This rarely available, top floor one bedroom, one bath gem sits on the third floor with a large landing, in a pre-war mansion. See floor plan and full details here.

475 17th Street, #6
$456,212

Windsor Terrace | Cooperative | 2 Bedrooms, 1 Bath

475 17th Street, #6 (Compass)

From the Listing: HDFC INCOME RESTRICTED 2 BD, 1BA in Park Slope! Located on a beautiful tree lined block in South Park Slope, this income restricted apartment has two spacious bedrooms, one bathroom, high ceilings and multiple light exposures. See floor plan and full details here.

70 West, #3G
$465,381 (-2.6%)

Harlem | Condominium | 1 Bedroom, 1 Bath | 700 ft²

70 West, #3G (Douglas Elliman Real Estate)

From the Listing: Corner 1BR with Private Terrace in Central Harlem Grab this rare chance to purchase a beautifully crafted 1-bedroom HDFC unit in a luxury new development condominium. Designed for effortless living, this newly renovated south-facing residence welcomes you with sunlit interiors, 9-foot beamed ceilings, and wide-plank Brazilian cherrywood floors that create warmth and elegance in every room. Plus, your own private terrace! See floor plan and full details here.

350 West 48th Street, #1W
$495,000

Midtown West | Cooperative | 1 Bedroom, 1 Bath

350 West 48th Street, #1W (Sothebys International Realty)

From the Listing: Welcome to Apartment 1W at 350 West 48th Street — a well-appointed, character-rich one-bedroom and one-bathroom located in the heart of Hell’s Kitchen. This pre-war HDFC co-op offers classic architectural details including two decorative fireplaces, exposed brick, parquet hardwood floors, crown molding, and high ceilings. The living area features oversized windows, built-in shelving, and a gracious layout. See floor plan and full details here.

Beacon Towers, #4H
$515,000 (-1.9%)

Harlem | Cooperative | 2 Bedrooms, 1 Bath | 819 ft²

Beacon Towers, #4H (Corcoran Group)

From the Listing: Welcome to 29 West 138th Street, Beacon Towers, one of Central Harlem's most desirable cooperative communities. Residence 4H is a sun-filled, renovated two-bedroom, one-bath home offering modern finishes, flexibility, and everyday comfort. The refurbished kitchen features black quartz countertops, a stylish tile backsplash, and brand-new stainless-steel appliances, including a new stove, refrigerator, and dishwasher. A brand-new washer/dryer adds the convenience everyone seeks. See floor plan and full details here.

135 West 89th Street, #2
$519,000

Broadway Corridor | Cooperative | 1 Bedroom, 1 Bath

135 West 89th Street, #2 (Bizzarro Agency LLC)

From the Listing: Here is a terrific opportunity for a co-op apartment with so much vibrant character on the Upper West Side. The one-bedroom residence with a den/second bedroom is on the first level of a classic brownstone dating to 1910, on a treelined street close to Central Park! See floor plan and full details here.

The Turin House, #18E
$550,000

Central Park West | Cooperative | 1 Bedroom, 1 Bath

The Turin House, #18E (Compass)

From the Listing: HIGH FLOOR ONE BEDROOM DUPLEX You can see forever from this fantastic one-bedroom Duplex in the heart of the Upper West Side. Blue sky and sunlight flood every inch of this serenely quiet home. Unlike many units in the building, there are hardwood floors throughout, including the staircase. The living room has a wall of windows and space enough for dining and conversation areas plus additional storage beneath the stairs.This lower level also has a windowed kitchen with white cabinetry and butcher block counters. With a few upgrades, this could be a gem of a kitchen.target="_blank">See floor plan and full details here.

3115 Broadway, #61
$565,000

Morningside Heights | Cooperative | 2 Bedrooms, 1 Bath

3115 Broadway, #61 (Howard Hanna NYC)

From the Listing: Welcome to your very own pent house in the heart of Morningside Heights, a rare HDFC co-op with no income or resale restrictions and exceptional value. This top floor two-bedroom offers great light, a practical layout, and the charm of a well-kept pre-war building, making it an ideal home for students, first-time buyers, or anyone seeking a comfortable, well-managed space near Columbia University and Riverside Park. See floor plan and full details here.

170 Lenox Avenue, #2A
$575,000 (-8%)

Harlem | Cooperative | 3 Bedrooms, 1.5 Baths

170 Lenox Avenue, #2A (Brown Harris Stevens Residential Sales LLC)

From the Listing: Welcome to Apartment 2A, a beautifully maintained and generously proportioned 3-bedroom, 1.5-bath residence in one of Central Harlem's most architecturally significant prewar elevator buildings. Designed by renowned architect Robert T. Lyons (Gramercy Park Hotel), this classic home offers a blend of historic charm and modern livability in an unbeatable location at Lenox Avenue and 119th Street. See floor plan and full details here.

9 Argyle Road, #4C
$649,999

Flatbush | Cooperative | 2 Bedrooms, 1 Bath | 900 ft²

9 Argyle Road, #4C (RE Max Edge Group)

From the Listing: Bright, newly renovated, and designed for effortless living. Whether youre enjoying a quiet night in or hosting friends, the layout lets you stay connected without missing a momentsupporting deeper connections and a true sense of community. Just minutes away from historic Prospect Park, with year-round events and pop-up markets at your doorstep. See floor plan and full details here.

527 East 12th Street, #E5E7
$799,000

East Village | Cooperative | 2 Bedrooms, Unknown Baths

527 East 12th Street, #E5E7 (Sothebys International Realty)

From the Listing: Located in the East Village near Tompkins Square Park, residence E5/E7 at 529 East 12th Street is a flexible two-bedroom plus study, 1.5-bath HDFC co-op offering a flexible loft-like ambiance. See floor plan and full details here.

In this article:

What is an HDFC Co-op?

Learn More About HDFC Co-ops Here→

Recent HDFC co-op listings

12 East 132nd Street, #4B
$285,000 (-4.7%)

108 West 114th Street, #4B
$315,000

Select which properties are of interest to you:

514 West 50th Street, #5RW
$350,000

98 Avenue C, #6B
$399,000

519 East 11th Street, #5E
$400,500 (-19.9%)

237 Hancock Street, #11
$400,000

475 17th Street, #6
$456,212

70 West, #3G
$465,381 (-2.6%)

350 West 48th Street, #1W
$495,000

Beacon Towers, #4H
$515,000 (-1.9%)

135 West 89th Street, #2
$519,000

The Turin House, #18E
$550,000

3115 Broadway, #61
$565,000

170 Lenox Avenue, #2A
$575,000 (-8%)

9 Argyle Road, #4C
$649,999

527 East 12th Street, #E5E7
$799,000

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New HDFC Listings: Newly-listed affordable co-ops throughout NYC from $165K

In this article:

What is an HDFC Co-op?

Learn More About HDFC Co-ops Here→

Recent HDFC co-op listings

Select which properties are of interest to you:

Related Listings

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