551 West 160th Street - Washington Heights
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551 West 160th Street is a 5-story walk-up HDFC building located in Washington Heights at the corner of 160th Street and Broadway. As a Housing Development Fund Corporation property, the building offers affordable homeownership opportunities with strict income restrictions ranging from $72,600 for single occupants to $93,240 for three person households. The cooperative operates under HDFC rules that prohibit subleasing and require owner occupancy.
The building's apartments feature a mix of two and three bedroom layouts, many with southern exposure providing abundant natural light throughout the day. Several units showcase exposed brick and beam details that add architectural character, while modern conveniences include in-unit washer and dryer hookups. The apartments offer generous living spaces with room for home offices, and kitchens designed with ample counter space and room for islands or butcher blocks.
Residents benefit from the building's prime Washington Heights location with easy access to multiple subway lines including the 1, A, and C trains. The neighborhood offers proximity to Columbia Medical Center, Highbridge Park with its Olympic sized swimming pool, and the Hudson River Greenway. Local dining and shopping options are abundant along Broadway, while cultural attractions like the Morris Jumel Mansion and Word Up Bookshop provide community engagement opportunities.
Building policies include small pets permitted and an off site superintendent. Some units require all cash purchases, reflecting the HDFC structure's financing limitations. The combination of affordable pricing, spacious layouts, and convenient location makes this property particularly attractive to first time homebuyers seeking to establish roots in upper Manhattan's vibrant Washington Heights community.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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