501 W 156th Street 22New York (Manhattan), NY 10032
For Sale
$175,000
Smart Buyer Rebate - Ask
Own a Manhattan home with just a 10% down payment! Welcome to 501 West 156th Street, Unit 22, a one-bedroom, one-bathroom HDFC cooperative located in the heart of Washington Heights. Situated on the second floor with only one easy flight of stairs, this bright and efficient home offers approximately 450 square feet of comfortable living space. The layout is cozy yet functional, filled with natural light, and perfect for first-time buyers or anyone looking for an affordable way to own in New York City. Financing is simple with only 10% down required, no loan-to-value restrictions, and several banks already familiar with lending in the building. Pets are welcome, making it even easier to feel at home. The location is unbeatable—just steps from the 1 and C trains for quick access to Midtown and Downtown, as well as near the Henry Hudson Parkway and George Washington Bridge for convenient travel. The neighborhood offers supermarkets, local shops, cafés, restaurants, parks, and the famous Hispanic Society Museum & Library right at the end of the block. Income restrictions apply: $98,940 annually for households of one to two people and $113,280 for households of three or more. The flip tax is paid by the seller, and subletting is permitted on a case-by-case basis, while pied-à-terres are not allowed, helping maintain a strong community feel. This is a rare opportunity to own an affordable home in one of Manhattan’s most vibrant neighborhoods.
Listed by Alex V. Baez
·
Baez Real Estate, Inc.
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914-292-1822
Last updated April 02, 2026
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Source: OneKey #921206
Listing Facts
TypeCo-op
NeighborhoodWashington Heights
Bedrooms1
Bathrooms1
Days on Prevu180
HOA/Maint. Fees$600/month
Size500 sqft
Price per sqft$350
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
04/02/2026
Price Decreased
$175,000
03/23/2026
Price Decreased
$179,000
03/12/2026
Price Decreased
$179,997
03/10/2026
Price Decreased
$179,999
02/23/2026
Price Decreased
$180,000
02/20/2026
Price Decreased
$190,500
02/12/2026
Price Decreased
$195,000
02/02/2026
Price Decreased
$199,999
01/05/2026
Price Decreased
$205,000
12/15/2025
Price Decreased
$209,997
12/05/2025
Price Decreased
$210,000
11/07/2025
Price Decreased
$250,000
11/03/2025
Price Decreased
$259,999
10/07/2025
Price Decreased
$290,000
10/06/2025
Listed by Baez Real Estate, Inc.
$299,997
Estimated Closing Costs
Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $175,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 501 W 156th Street 22
Association
Amenities
Association Amenities: Live In Super, Maintenance, Maintenance Grounds, Other, Security, Snow Removal, Trash
Pets Allowed: Yes
Fees
Association Fee: $600.00 Monthly
Association Fee Includes: Gas, Heat, Hot Water, Sewer, Snow Removal, Trash, Water
Financial
Renting Allowed: Yes
General
Association Name: ERA MANAGER
Exterior
Construction
Property Attached: Yes
Stories Total: 6
Year Built: 1930
Architectural Style: Other
Common Walls: Center
Construction Materials: Brick
Measurements
Building Area Units: Square Feet
Lot Size Acres: 0.15
Lot Size Square Feet: 6,615
Financial
Taxes
Parcel Number: 2115-0040
Interior
Features
Appliances: Gas Oven, Gas Range, Oven, Refrigerator
Flooring: Carpet, Ceramic Tile, Combination
Interior Features: First Floor Bedroom
Measurements
Living Area: 500
Living Area Source: Public Records
Rooms
Basement: Finished, Full
Has Basement: Yes
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 1
Rooms Total: 4
Parking
Parking
Parking Features: Open
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Oil
Sewer: Public Sewer
Utilities: Electricity Available, Trash Collection Public
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this co-op have?
There is 1 bedroom and 1 bathroom in this co-op at 501 W 156th Street 22.
Are pets allowed at 501 W 156th Street?
Yes, 501 W 156th Street allows pets.
How does 501 W 156th Street 22 compare to other co-ops in Washington Heights?
This co-op is listed 70% below the average price for co-ops in Washington Heights and has been on the market for 85 more days than the typical home in this area.
What building or home owners association is the co-op part of?
This co-op is part of the ERA MANAGER home owners association.
What is the square footage on this co-op?
According to the MLS, this listing is 500 sqft.
501 W 156th Street 22 is a 1-bedroom, 1-bath co-op for sale in New York (Manhattan) NY 10032. Available on Prevu for 180 days at $175,000. This includes a recent price decrease of $4,000. This residence features 500 square feet of living space, located in Washington Heights. The median listing price for co-ops in this area is $549,000. Additional amenities include pets allowed and parking. View other co-op listings in Manhattan.
The data relating to real estate for sale on this website comes in part from the IDX
Program of OneKey™ MLS. The source of the displayed data is either the property owner
or public record provided by non-governmental third parties. It is believed to be reliable
but not guaranteed. This information is provided exclusively for consumers’ personal,
non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.